Rate this post The process where you come to an agreement with your creditor to pay a part of the money you owe is known as debt settlement. The debt settlement is done though payment of one installment and your liabilities are over. You credit report is also not that bad, however there is always a flip side to these things and you should weigh your options properly before venturing for it.
Rate this post Bankruptcy is one financial situation nobody wishes to experience. Losing your job or your business is bad enough, but admitting that you are no longer able to pay your creditors is the worst thing that can happen to you financially. It signifies that you have lost everything – your source of income and even your self esteem. The problem can be compounded by worrying about the possible scenarios that can happen after you filed a bankruptcy protection in court. It affects your everyday life. If you still have a job, you worry that creditors will go for … Continue reading