However, there are times where people can not qualify for debt settlement or consumer credit counseling programs, where bankruptcy is
the only debt relief option left.
Not exact matches
It is also a risky one, a
debt relief option so fraught with misunderstanding and negatives that most financial experts would recommend it
only as a last resort.
A
debt settlement company will
only try to offer you
debt settlement, but the truth is that there are multiple
debt relief options available as of 2018.
But, at least one
debt relief option is
only available when you're past due.
Debt consolidation loans are only one debt relief opt
Debt consolidation loans are
only one
debt relief opt
debt relief option.
When considering your
debt relief options, getting out of
debt should be your priority, and
only after you have completed this goal, should you focus on rebuilding your credit score.
Is bankruptcy the
only option, or is there another Read more
Debt Relief or Bankruptcy?
Each of the five
debt relief options has its advantages and disadvantages, and may be the best — or
only —
option depending on your specific circumstances.
But it's usually best to talk with an attorney who can discuss ALL of your
debt -
relief options, rather than a
debt - settlement company that can
only do one thing.
Some
debt relief options require taking out a loan, some require home ownership, and some are very aggressive and designed
only for consumers with serious financial hardship.