OPTIONS
Bankruptcy
A legal process. All your assets are evaluated and used to pay off your debts. Chapter 7 and Chapter 13 are most common options used by individuals. Once bankruptcy is complete, you are relieved of the debt obligations you had before filing bankruptcy.
Pros
-
Debt obligation could be cleared
-
Creditors are barred from attempting to collect on debts
-
Process takes only 3-6 months
Cons
-
Significant, long-term damage to credit
-
Loss of all credit cards
-
Chapter 7 difficult to qualify for
Select an option to learn more
Find out how much you can save with a personalized Debt Resolution Program by enrolling with us today.