Debt Settlement Versus Bankruptcywhich Blog Should Y

Q: Debt Settlement Versus Bankruptcy - Which Blog Should You Choose?

A: Read the following articles about using a debt negotiation service versus declaring bankruptcy. For the debt relief service, usually, the initial consultation is free. Some of the debt relief services can reduce your non-secured (credit card, etc.) debt by as much as 40-60%. On the other hand, avoid the credit counseling services. They have non-profit status, but are sponsored by the credit card companies. It is just a mechanism to get you to pay the credit card debt, plus a little consulting fee to the counseling service. A double-whammy for the credit card companies! If you find other good debt relief services, or want to make comments about your experience with the one listed above, or if you find other good debt reduction options, please post your ideas so that others can learn too, at: http://www.flipnet.net/cgi-bin/members/class9990167532317.cgi?categor... .

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