TL;DR: Debt consolidation and bankruptcy are two options for debt relief available to you. Bankruptcy involves discharging or restructuring all your debtsâbut it stays on your credit report for seven to ten years. Itâs generally considered a last resort when no other debt relief options are available. Debt consolidation means consolidating multiple older debts into… Read More
The post Debt Consolidation Vs. Bankruptcy: Which Should You Choose? appeared first on Credit.com.