2. Is a debt relief plan better than filing for bankruptcy?

Are you drowning in debt and at your wit’s end – caught between paying back at least part of your debt via a debt relief plan or filing for bankruptcy? A debt relief plan in Hong Kong is always the best choice. Here’s why:

  • Bankruptcy attracts lousy credit ratings.
  • You cannot live a luxurious lifestyle during the bankruptcy period.
  • You could lose your job or be suspended after filing for bankruptcy.
  • You will not be permitted to travel on vacation with your money.
  • Any life policy cash value you have might have to be surrendered to your creditors.
  • Filing for bankruptcy can be embarrassing for you and your family as many stigmas are attached to it.

On the other hand, with DRP in Hong Kong, you can proudly pay back your debts and lead a happy life. You will not attract bad credit. The debt relief plan in Hong Kong gives you the freedom to repay your debts comfortably and still give your family the luxuries they deserve.