Escape your debt - go bankrupt now!
November 4th 2009 02:07
Are you heavily in debt and struggling with repayments? Have you ever thought about declaring yourself bankrupt to escape from creditors?
Don’t think about it for a moment longer, do it now, escape your debts and start your life afresh.
That is the controversial advice from bankruptcy advisor Fred Appleton who says bankruptcy saves lives.
“If someone asks me ‘Do you think I should go bankrupt?’ I immediately say yes,” says Appleton.
“I recommend bankruptcy to everyone who says to me, ‘I can’t afford my repayments.
“If you think you are insolvent, you are. And I say ‘don’t wait’, go bankrupt and start your life, and your financial life too, all over again.”
“The best thing most bankrupts do in their life is go bankrupt.”
Appleton is a former chartered accountant and a former bankrupt himself who now actively encourages heavily indebted consumers to declare themselves bankrupt.
“Without going to court bankruptcy quickly enables ordinary people to get out of debt, so you won't owe anything more on your credit cards, tax, unsecured personal loans, and things like that.
“As far as you are concerned, these debts get cancelled. You’ll virtually be debt free, quite often completely, absolutely debt free, in about a week.”
A typical bankrupt repays less than two cents in the dollar to their creditors.
That sounds like an appealing strategy for people who can’t repay their debts, but more and more of those people are being redirected into the highly profitable and expensive debt agreement industry.
Debt agreements are marketed heavily on daytime television, the internet and in local newspapers as debt solutions by companies who rake in big profits administering them.
Don’t think about it for a moment longer, do it now, escape your debts and start your life afresh.
That is the controversial advice from bankruptcy advisor Fred Appleton who says bankruptcy saves lives.
“If someone asks me ‘Do you think I should go bankrupt?’ I immediately say yes,” says Appleton.
“I recommend bankruptcy to everyone who says to me, ‘I can’t afford my repayments.
“If you think you are insolvent, you are. And I say ‘don’t wait’, go bankrupt and start your life, and your financial life too, all over again.”
Appleton is a former chartered accountant and a former bankrupt himself who now actively encourages heavily indebted consumers to declare themselves bankrupt.
“Without going to court bankruptcy quickly enables ordinary people to get out of debt, so you won't owe anything more on your credit cards, tax, unsecured personal loans, and things like that.
“As far as you are concerned, these debts get cancelled. You’ll virtually be debt free, quite often completely, absolutely debt free, in about a week.”
A typical bankrupt repays less than two cents in the dollar to their creditors.
That sounds like an appealing strategy for people who can’t repay their debts, but more and more of those people are being redirected into the highly profitable and expensive debt agreement industry.
Debt agreements are marketed heavily on daytime television, the internet and in local newspapers as debt solutions by companies who rake in big profits administering them.
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