{"id":591,"date":"2018-05-17T06:40:04","date_gmt":"2018-05-17T06:40:04","guid":{"rendered":"http:\/\/www.development-work.com\/mydebt\/?p=591"},"modified":"2020-10-27T06:50:26","modified_gmt":"2020-10-27T06:50:26","slug":"bankruptcy-vs-debt-settlement-which-one-is-better","status":"publish","type":"post","link":"https:\/\/www.mydebtacademy.com\/bankruptcy-counseling\/bankruptcy-vs-debt-settlement-which-one-is-better\/","title":{"rendered":"Bankruptcy vs Debt Settlement \u2013 Which One is Better?"},"content":{"rendered":"
When it comes to comparing bankruptcy vs debt settlement, it is important to be aware of the possible effects each potential solution produces. Trying to decide which one to opt for can be overwhelming, especially when you are living with the stress of excessive credit card debt.<\/p>\n
And now you are at a point where something must be done. What option do you have?<\/p>\n
Neither option is perfect as each has pros and cons of its own. Well, each individual faces different circumstances, so your ultimate goal is to choose that solution which has more upsides than downsides.<\/p>\n
So, without much further ado, let\u2019s place all the cards on the table.<\/p>\n
The first and the foremost advice we can offer you is to try and assess things objectively. Meaning, consider the facts first before making an\u00a0emotional decision.<\/p>\n
Easier said than done. No offense, but try to ignore all your natural instincts and you\u2019ll be fine because following these instincts have made you land here, in this horrible situation. Haven\u2019t they?<\/p>\n
Jokes apart, bankruptcy is a serious matter. So if you are even thinking about filing bankruptcy?\u00a0First, get complete information here<\/a>.<\/p>\n We have prepared a list of the\u00a0pros and cons of bankruptcy vs. debt settlement to help you decide between the two.<\/p>\n<\/div>