A Knox County woman contacted a Florida consolidation firm when she was trying to avoid bankruptcy. Instead, she lost money and still wound up bankrupt.
Robin Myers is finally getting her financial life in order. It's been three months since she filed for Chapter 7 bankruptcy.
Bankruptcy filings explained
If you file Chapter 7 bankruptcy, most of your unsecured debts are written off within 90 days. But you'll have to sell some of your property. And the bankruptcy stays on your credit report for 10 years.