A """"bankrupt"""" sign will forever hang from the lamppost of your existence. It takes many years to remove the negative designation of bankruptcy from your financial file. If you are contemplating bankruptcy, consider an alternative debt relief option that may be the best option for you.
• Debt settlement - In numerous ways, debt settlement trumps bankruptcy. However, what exactly is debt settlement? Debt settlement is a pragmatic approach to debt relief that involves negotiating with credit card companies to ""settle"" your debt. Moreover, resolve it for less than the total amount you owe. Settlement will enable you to take care of your bills responsibly, legally barter to reduce the amount you owe, and create a manageable and affordable repayment plan. It is the best alternative to bankruptcy because it does not permanently harm your credit and you will feel good about managing your financial situation responsibly. Settlement could be your debt relief solution.
• Debt settlement companies. A settlement company's purpose is to enable professional and expert negotiators to speak with you about your situation, discuss an approach, contact your creditors, and work toward a mutually agreeable settlement amount. Creditors are more than willing to negotiate your debt because they do not want you to file for bankruptcy, which is terrible for them as well.
Does this sound too nice to be true? Settlement is worth investigating. As an alternative to bankruptcy, consult a settlement network to find a professional in your area who is legitimate and has a proven track record in debt relief.
" - https://www.affordablecebu.com/