Posts By: Andy Gorton

About Andy Gorton

Andy Gorton is the author and editor of the Bankruptcy Clinic

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Here are my most recent posts

Alternatives To Bankruptcy

Declaring bankruptcy is the most radical solution for your cumulated debt problems. It is accompanied with serious and long lasting consequences. For these reasons, your decision to proceed and to get involved in the full scale bankruptcy procedure should be based on carefully balanced previous thinking and consideration of all options available. This kind of… Read more »

Bankruptcy vs Debt Management

Your boat is not sinking, but it is severely damaged by the financial storm. Two lifeboats come to rescue. The question is, which one to take? On the first one, hot tea and warm blankets are already waiting for you. This lifeboat can completely replace your own boat in a trouble. There is nothing much… Read more »

Life After Bankruptcy

Is there a life after bankruptcy? If you are already asking yourself this question, then you are making your bankruptcy situation being even more difficult. Although it may seem a little bit inappropriate to lecture someone affected deeply by financial troubles, the facts are clear – bankruptcy is only an episode in life. It is… Read more »

How and when Bankruptcy ends

When it comes to the end of the bankruptcy you have to make a distinction between two types of bankruptcy endings formal and practical. The first occurs after the period of 12 months starting with the very date when the court confirmed that you are bankrupt. However, in certain cases this initial period of 12… Read more »

Bankruptcy and Divorce

Bankruptcy & divorce

Trouble never walks alone. It always comes with a friend to knock on your door. Imagine this worst case scenario which includes bankruptcy and divorce at the same time. Could not get any worse, could it? On the other side, this is the right moment when you are in the desperate need of a proper… Read more »

How To Go Bankrupt

Though there are a number of reasons to get professional help when you are declaring bankruptcy, there are still some people who prefer to do all of the legwork themselves. One of the main reasons for this is that you have to pay for the help you receive if you enlist the services of a… Read more »

Pros and Cons of Bankruptcy

When you’re evaluating the pros and cons of bankruptcy, you shouldn’t simply list them in their respective columns and then make a decision based on which number is greater. Instead, you need to decide how important each of the individual pros and cons is to you as well. You’ll make a much better decision that… Read more »

Why you Need Bankruptcy Advice

When you’re contemplating bankruptcy, the process can seem a little bit overwhelming. The most important thing you can do is make sure you don’t try to do everything by yourself. Instead, you should enlist the help of competent legal professionals. One reason you need this help is that there might be better options for you… Read more »

The Negatives of Bankruptcy

Though bankruptcy does hold the promise of several significant advantages, like so many other things in life, it also has more than its fair share of drawbacks. Thus, deciding whether or not to even declare bankruptcy is a highly personal decision, typically made by comparing its pros and cons and weighing the relative importance of… Read more »

Making The Bankruptcy Decision

Making the decision regarding whether or not to file for bankruptcy protection can be one of the most difficult decisions people ever have to make. To make matters worse, assuming one has made the decision to file, there is still the question of which type of bankruptcy protection to pursue. As with any other decision,… Read more »