Dealing with a lot of debt is not favorable to anyone. However, this sort of dilemma is all too common, especially for people who have not heard of debt consolidation. Keep reading to see what options for your family and you.
Think about filing for bankruptcy. A bankruptcy, whether Chapter 7 or 13, leaves a bad mark on your credit. However, if you find your credit situation to already be in poor shape, this option might what you need. Filing Bankruptcy is an option if your financial situation is too far gone to recover, but the decision is not to be taken lightly.
Avoid picking any debt consolidation company simply because it claims to be non-profit. Non-profit doesn’t mean they are … Read the rest