You may feel your debt is overwhelming and bankruptcy is the only way out. Or, you may feel it is the easiest way to start over. Bankruptcy, as opposed to debt consolidation, may be your best option, but it is something to consider carefully. A recent study by the University of Michigan found that erasing debt in bankruptcy is vastly under used by consumers in debt. To learn more about consumer bankruptcy or debt consolidation we recommend this excellent site.

Before filing you must make sure for one that the kinds of debts that you owe are dischargeable (i.e. eliminated or erased by the bankruptcy). For example, if you used the equity in your house as collateral for a loan, the loan may not be eliminated in bankruptcy.

Credit card debt is typically erased after a successful bankruptcy. Another concern of course is your credit rating, however if your credit is already quite bad, filing bankruptcy may actually improve your credit rating. This is because after filing you will have less debt and can’t file again for 6-7 years, both of which make you a better credit risk. For more free personal bankruptcy information.

How do I choose a good debt consolidation company?

About Our Services

Why should I do this?
Start saving thousands on your debt by filling in the short form. This is a limited-time offer, so please take advantage of it and apply NOW.

Is it confidential?
All applications are 100% confidential. There is absolutely NO obligation for filling out this free debt consolidation form and receiving a free debt analysis by phone.

Does it work?
This program is widely considered by debt and credit experts as the most effective way of dealing with debt. And exclusive to our program are some additional features:

No need to own property
This is NOT a loan
Low qualifying debt minimum ($5000)
No credit check


Don’t forget to check out the frequently asked debt consolidation questions for information about our program, why getting a loan is not such a good idea, and more!