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Question Posted Thursday September 3 2015, 10:09 am

l need advice as I am in a financial crisis I guaranteed loan to a friend later he deserted his job and disappeared now my little salary I was getting was attached currently am getting no salary as I'm also repaying my loans I have a family and the kids have to eat and I have to pay their school fees am behind with bills I'm heavily in debts and I have no other way I can earn I have tried to find way with lending institutions but I'm already blacklisted pls advise

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adviceman49 answered Sunday September 6 2015, 2:41 pm:
IF things are as bad as you say they are you only recourse may be to file for some form of Bankruptcy to either restructure the your debts or totally discharge them.

I suggest you seek out a good bankruptcy attorney most will work on a payment plan after you either restructure or discharge your debts. Most financial institutions will work with the attorney where they would not work with you with the knowledge that if they don't they could face a total loss.

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