By Jeff Field | Published October 10, 2023 | Posted in Bankruptcy | Tagged Tags: bankruptcy trustee, creditors, debt consolidation, unsecured creditors | Leave a comment
If you are having trouble paying your creditors, you might consider either debt consolidation or bankruptcy. One of these remedies makes use of the court and lawyers (bankruptcy), while the other is entirely private (debt consolidation). The goal is the same, but the paths are distinct. Debt consolidation creates one new loan (or line of Read More
Read MoreSome people facing uncomfortable financial burdens might look to debt consolidation as an alternative to filing for bankruptcy, perhaps out of fear that bankruptcy will ruin their credit rating. However, debt consolidation has its own disadvantages that might make it a poor choice in many situations. Bankruptcy can be a better option if, for instance, Read More
Read MorePlease fill out the form below and one of our attorneys will contact you.