What are the benefits of doing debt consolidation instead of bankrupcy? Any advice or sites to visit?

It is true that bankrupcy is going to show on my credit for the rest of my life? They are asking for $600 for a monthly payment and I cant do that amount. What can I do? I dont want to do bankrupcy


Thank you!What are the benefits of doing debt consolidation instead of bankrupcy? Any advice or sites to visit?
Yes it is true. Bankruptcy is bad so don't do it. get a second job and consolidate your bills.


This article on the subject may help you:


http://www.yourloan.ca/loan-articles/con鈥?/a>What are the benefits of doing debt consolidation instead of bankrupcy? Any advice or sites to visit?
Bankrupcy stays on your credit for 10 years. If you go with a debt management company then your credit can go down but in the long run will start to increase as you make your timely payments. The other thing you can do is a debt settlement. That means that a company will negogiate with your credit cards to pay off half the balance and consider it paid off. you must be aware though that your credit cards are not getting paid until atleast the half is accumulated. I'm in the debt management business and if you need help we give free credit counseling.
With the new bankruptcy law, breaking free from debt has become more difficult. Hence avoid getting caught in the debt. If due to any reason, you are in debt, remedy the situation immediately. Though debt consolidation loans charge lower rates of interest than most other types of loans, there is a big difference in rates charged by various lenders. Hence research the lenders thoroughly before applying. Tell the lender how much you can pay and till when you can pay. They can find out a right plan for you.


http://debt-trap.com/category/Debt-Consolidation-Basics.html
Keep looking around and yes, avoid bancruptcy. I did it back in 01 and the lawyer who did it missed a couple of things for one but it still isnt off my record and I have paid very high interest rates for things because of it. I stupidly thought that what or why you filed couldnt be seen, just that you had filed but I was wrong. Glad that time in life is over. Be careful not to let it come to garnishment either as that isnt very favorable with employers.
Hi,


I used ';Credit Solution'; to settle my debt and improve my credit score.They managed to reduce my debt up to 58% .It's legitimate.I came across this company on NBC News Special Edition.Check it out here:


http://simurl.com/veczig

mascara

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