Should Filing Chapter 7 Bankruptcy Be the First Choice When Dealing With Debt?

In the last five years, many Americans have been faced with financial difficulties and ponder whether or not to use the bankruptcy filing to deal with their debt. Although filing bankruptcy is the only option that uses the power of the United States legal system. While there many other options, none of them share the… Continue reading Should Filing Chapter 7 Bankruptcy Be the First Choice When Dealing With Debt?

Debt Settlement or Debt Consolidation, What Is the Best Option? – 2 Steps to Help a Person Decide

Currently in the United States Bankruptcy, debt settlement services and debt consolidation are the credit card relief options available for consumers. What is the best route? In order for consumers to make this assessment they need to first analyze their overall financial situation, hardship, available budget, personality traits and what they feel comfortable with at… Continue reading Debt Settlement or Debt Consolidation, What Is the Best Option? – 2 Steps to Help a Person Decide

What Is the Difference of a Charge-Off or a Bankruptcy on My Credit Report?

Over the recent years there has been a huge interest in debt settlement. After the financial collapse back in 2007 many Americans were looking for ways to eliminate their debt without filing bankruptcy. Debt settlement fit the bill and many Americans signed up for these services. Debt settlement companies promised that it would not hurt… Continue reading What Is the Difference of a Charge-Off or a Bankruptcy on My Credit Report?