College Students: Decide If Bankruptcy Is Right For You

If you are a college student overwhelmed with credit card debt, bankruptcy may be the right option for you. However, it isn’t right for everybody. To determine if bankruptcy is the right option for you, take a look at these bankruptcy facts and how they relate to college students: 1. Bankruptcy stays on your credit report for six years If you are in your early twenties and you have more debt than you can handle, you can declare bankruptcy now, and all record of it will be off your credit report by the time you are thirty.