Bankruptcy Protection "Making The Right Decisions"

To File Or Not To File For Bankruptcy Protection: Before taking into consideration bankruptcy protection you might consider talking to your creditors. They may work with you and resolve your account issues by accepting less payment or settling the account for a smaller amount, or both. It is always better to make an effort to discuss a possible settlement with a creditor, especially if you’re only talking about a few financial accounts. If you have to make a decision which to pay first the rent/ mortgage, utilities, food or credit card “which would come last, or not at all”. Filing for bankruptcy maybe the right decision for you. What do you think will happen if you’re to say to a creditor “I’m filing for bankruptcy protection”? Now What?