Thank you for the helpful bankruptcy information on a website called claimbankruptcyhelp.com.
My brother, John and his wife, Jill, were a normal middle class happy family, who through no fault of their own were suddenly faced with debt insolvency. The problem started about four years ago when John and Jill decided to purchase a particular franchise which accordingly would repay their efforts in a quality abundant retirement life style.
Things started to go pear shape when, they like most people, were living right up to the edge of their means, with no savings outside their franchise business. Still they had been making modest progress in paying down their debts. They even managed to reduce their expenses.
The owners of the franchise had a complete change of heart when they started an aggressive marketing and non-competitive pricing strategy which saw a large fall off of customers. That was when hope started to fade for them. My brother and his wife continued to plough more capital into the business in an effort to keep it afloat hoping it would work out one day.
They had some hope of toughing it out in the form of a coffee shop in one corner of the franchise store. Things did start to improve, until the regional manager from the franchise company gave them an ultimatum, lose the franchise or remove the coffee shop. The coffee shop could help cover the debt solutions caused by the decline in customers but it would not generate enough to cover the franchise fees and the business loans. They could have really used the money from the coffee shop to start to pull themselves out of the debt hole. On reflection their only way out seemed to be a desperate last option to raise more funds to cover their losses.
The debt burden was causing cracks to develop in their once happy and healthy family unit. Even buckling down to just the bare necessities, they could not get by.
So both families decided to check out Google to see what information was available on the internet. We were amazed at the amount of help both for free and subscription in the form of ebooks. One site that really impressed us was called claimbankruptcyhelp.com because of the high quality bankruptcy information, credit control and stop foreclosures information obtained from it.
We found all the ebooks to be reasonably priced and loaded with quality information. My brother and his wife found confidence in the information and feel they can now face squarely up to the money problem they have in working out a credit payment plan with their suppliers and landlord.
John and Jill now say there is a light at the end of the tunnel, it is not a no win situation even with the chips stacked against them.