Debt Consolidation vs. Debt Settlement vs. Bankruptcy
We’ve talked at length in past blogs about the dangers of cutting corners when it comes to debt. However, there are several legitimate avenues available to find debt relief. The most common solutions are debt consolidation, debt settlement, and bankruptcy. Nonetheless, before taking action to resolve debt, it’s important to understand each option. Read More
Types of bankruptcies
Two types of bankruptcies that are most commonly filed when you are drowning in debt are Chapter 7 and Chapter 13. Chapter 7 is the most common type of bankruptcy. It is available to both individuals and businesses. Another name for Chapter 7 bankruptcy is Straight Bankruptcy. Any assets that can be sold to pay the […]
