Avoid bankruptcy – Find experts to help you if you are facing one

Mention bankruptcy and Malaysians will probably wince in horror. Yeah, it is a despicable word here in Malaysia and some even consider it as a taboo to talk about bankruptcy out in the open.

Well, I’m not that kind of person and let me tell you honestly today that I was nearly declared bankrupt way back in the early 90s! You see, I was young and stupid then and have this silly habit of signing up for lots of credit cards from various banks and financial institutions. I was doing okay at first but my spending habit got the better of me one day and I’m in deep trouble soon after. Banks started to send nasty letters to me and came chasing after me day night via phone calls. It was horrible!

I knew that I could not solve my problems then and with a heavy heart I asked for my father’s help. Sure, he helped alright but only after he had given me one hell of a tongue-lashing. Well, whatever it was, thanks a lot Dad! My father was my savior then; he took control of my financial problems and showed me how to cut costs and corners. It took me two years to solve my financial woes and now I’m a free man thanks to my Dad.

Seriously folks, the best way to avoid bankruptcies is by avoiding debts at all costs. No matter how tempting it is to take up loans and credits, you have to remind yourself that you would be better off without them. I know it sounds easier said than done but if you have gone through what I had gone through, you should be able to pull this off.

If you are facing bankruptcies at the moment, all I can say is that you should seek help and assistance from Debt Management experts fast. You’re in a mess right now and could not really think straight. Let those experts do the thinking and find ways to help you.