What do you do when you’re unable to even make the minimum payments on your debt? You do have other options besides bankruptcy. Debt consolidation, debt management, and debt settlement are all viable options depending on your situation.
So you are ready to pay off debt, great! Now to decide which method you are going to use. The debt snowball or the debt avalanche? Here we talk about the difference between the two and give you a tool to decide which method is best for you.
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Bankruptcy is a tempting option when faced with piles of debt, but it’s not as simple as it sounds. Take a look and see if there are ways to avoid bankruptcy, like a debt snowball. If the debt is truly overwhelming then be sure to know your options before you start down that road.
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