Archive for 'Bankruptcy'

Debt Settlement or Bankruptcy?

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Many people who come to Freedom Debt Relief ask us what the pros and cons are of debt settlement versus bankruptcy. They often wonder which would be more advantageous. Is one process “easier” than the other?

Unfortunately, that isn’t something that we can immediately answer. While debt settlement is often considered a great alternative to bankruptcy for qualified candidates, you should consult with a licensed attorney about bankruptcy and whether or not ...

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Debt Relief or Bankruptcy?

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You’re struggling to make your payments. The amount you owe keeps piling up. You feel like no matter what you do, you can’t make any progress on your debt. After a while, you despair over the sacrifices you’ll need to make in order to stay afloat.

Is bankruptcy the only option, or is there another way to ease the burden?

Whether debt was accumulated as a result of job loss, medical issues, or ...

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How to Avoid Bankruptcy (Not Just the Financial Kind)

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People always categorize debt as simply a picture of one’s financial status. And I would be lying if I didn’t hear the sound of an inauspicious spin of Wheel of Fortune every time I hear the word bankrupt. We get it – when you owe your creditors thousands of dollars, you are in financial debt, of this there is no denying. But are there other areas of life where you ...

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Bankruptcy Alternative – Don’t Be Like Detroit!

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Bankruptcy Alternative – City matters are much like personal matters.

Do you ever read the news and wonder how entire cities can file for bankruptcy? Just last week, Detroit earned the dubious honor of becoming the largest city in the United States to file for bankruptcy – for $18.5 billion. This article from the Washington Post does a good job at concluding the reasons as to why the Motor City’s engine ...

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