Should I consider debt consolidation or bankruptcy

Should I consider debt consolidation or bankruptcy for $15,000 worth of debt?

4 Answers

Vote up!
1
Vote down!
-4

I think debt consolidation will be better option for you. Since bankruptcy hurts your credit score. If you have multiple debts and are not able to payoff your debts in full, then you may enroll in a debt consolidation program. This program will help you to replace your multiple bills into a single monthly payment.
 


Vote up!
2
Vote down!
-3

You should definitely try for debt consolidation mate. Bankruptcy is your last option.


Vote up!
1
Vote down!
-3

Give us more information so that we can give you the right answer to your question. However, debt consolidation is seemingly a better option than bankruptcy as it will not trash your credit score.


Vote up!
1
Vote down!
-2

Without information on type of debt and what your financial situation is, we really cannot give any advise.

How to Deal with Illegal Loans..OhioGal's Primer
http://www.debtconsolidationcare.com/paydayloan/dealingwith-illegallenders.html
PDL's are ILLEGAL in the following states...
AR, AZ, CT, GA, ME, MD, MA, NJ, NY, NC, PA, VT AND DC
OH AND NH have very restrictive low cost interest rate laws.

SOL for all states
http://www.debtconsolidationcare.com/statute-of-limitation.html

Write Your Answer

CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
What is the sum of 4 and 4


Page loaded in 0.236 seconds.