Bankruptcy Or Debt Consolidation?
I think that one needs to look at each case in its own merit to determine which of the two options offer the best solution to the problem at hand. To understand lets look at what the two options have to offer. Debt Consolidation Some people worry that consolidating ones unsecured debts by the use of a secured loan is risky for us and we are not getting into the root of our debt problem but only replacing one problem with another. Others maintain that debt consolidation provides a permanent solution to our debt issues.