Bankruptcy Alternative

Credit Counseling?

Jeremy F asked:
Im going to file Chapter 7 Bankruptcy, do I have to take credit counseling before I do?

addthis_url = ‘http%3A%2F%2Fwww.mybankruptcyalternatives.com%2Fcredit-counseling%2F’;
addthis_title = ‘Credit+Counseling%3F’;
addthis_pub = ”;

Share and Enjoy:

Technorati Tags: Chapter 7 Bankruptcy, Credit Counseling

Is it better to settle my debts or file for Chapter 7 bankruptcy?

Martie asked:
I get letters from creditors offering to settle my debts for a lower amount. I owe about $17,000. Some debts have been charged off and I don’t know who to contact now. Doesn’t it still hurt your credit to pay off the debts anyways? Isn’t Chapter 7 just easier? [...]