Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - How do you file bankruptcy and what are the effects? - We do have a business that has been running for 11 years but financial global crisis hit our business. Therefore, in effect we are not able to pay all our creditors. We have a little money left for a chance to roll it for the operation of the business but creditors keep on pushing us to pay them. We already tried to explain to them to give us time to recover first before they star collecting payments from us so that the little amount can recover gradually. But, they don't want to listen and the little amount the serves the only hope for us to recover has been consumed by those people. That is why we are planning to file bankruptcy. Please advice how (procedures) we can file and the effects to our creditors etc. thank you. -