http://www.bankruptcylawnetwork.com/2007/04/28/more-older-americans-are-filing-bankruptcy/ Real Lawyers, Real Solutions Thu, 11 Mar 2010 21:25:57 -0700 http://wordpress.org/?v=2.9.2 hourly 1 http://www.bankruptcylawnetwork.com/2007/04/28/more-older-americans-are-filing-bankruptcy/comment-page-1/#comment-1733 Boomers & Debt: Bankruptcy as Necessary Retirement Planning at Bankruptcy Law Network - Real Lawyers, Real Solutions Mon, 30 Apr 2007 19:43:37 +0000 http://www.bankruptcylawnetwork.com/2007/04/28/more-older-americans-are-filing-bankruptcy/#comment-1733 [...] When this happens bankruptcy is a necessary and reasonable (albeit unfortunate) part of retirement planning and has become more common each year. This is particularly true if a large portion of your debt is unsecured credit cards or signature loans. If it is possible to eliminate all or most of this debt it will certainly improve your financial outlook. But almost as important is the improvement in personal outlook - how you feel every day - if you can accept that bankruptcy is a necessary option at times. [...] [...] When this happens bankruptcy is a necessary and reasonable (albeit unfortunate) part of retirement planning and has become more common each year. This is particularly true if a large portion of your debt is unsecured credit cards or signature loans. If it is possible to eliminate all or most of this debt it will certainly improve your financial outlook. But almost as important is the improvement in personal outlook – how you feel every day – if you can accept that bankruptcy is a necessary option at times. [...]

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