Hi. I am a professional artist for thirty three years now and am really experiencing the effects of this economy to the point that my thoughts drift to wondering whether bankruptcy will be a strategy we will have to utilize. I do not know whether it would actually help. I think filing bankruptcy helps people especially who have jobs with steady incomes which can cover their basic expenses. If you have over committed yourself and gotten into severe credit card debt and find that you cannot keep up with your expenses even though you have a decent steady income then I think filing bankruptcy will really be of help to you. But for me, the self supporting, entrepreneurial artist, I can not see how it would make a difference because I do not have a steady, definitely reliable income. It is indeed odd to hear myself say that I do not have a steady income because for more than thirty years my husband and I have paid our bills and lived quite well having raised two wonderful bright children and lived in beautiful homes. I don’t think that filing bankruptcy would help in our situation but it may help you.

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