Debt Settlement vs. Bankruptcy

Bankruptcy

Bankruptcy is a serious choice with long term consequences. We recommend consulting with one or two attorneys and financial advisors before starting down this path. What are the impacts?

7-10 years on your credit. Public record. You may not qualify depending upon your income and county of residence. You may only qualify for Chapter 13 which requires you to pay the debts over a long period of time. Make sure this is your only and best option before proceeding. Review all options with several professionals.

Debt Settlement

Debt Settlement is one option to filing Bankruptcy. Debt Settlement allows you to make progress toward paying off debts. Debt Settlement can provide you immediate relief by reducing the amount you pay each month and with the total debt payoff. You avoid having to file bankruptcy to solve the problem. By using a qualified and reputable organization, you will experience immediate positive benefits.

Debt Settlement allows you to save money over the long term by settling the debts for less than the full amount which always includes late charges, over limit fees and excessive interest charges.

With Debt Settlement, you get to move on with your life and rebuild. You don't have the stress associated with rude collectors threatening you.  You’ll immediately have peace of mind to start living vs. worrying and losing sleep!