Module 7c: The Bankruptcy Method

Disclaimer: This is purely for educational purpose. Nothing on this site can be construed as giving legal advice. You are using this information at your own risk. You are to seek legal counsel in these matters.

There is another method that you might want to consider doing called the Bankruptcy Method.  The bankruptcy court is nice because we have a “house advantage” in that there are specific laws and bankruptcy codes in place that requires the creditors to provide proof of claim.  This is huge.