Is There An Alternative To Bankruptcy?

Yes. You can try consumer credit and debt counseling agencies and they may be able to help. However, for many people bankruptcy is the only realistic and permanent solution to overwhelming debt. Many of these agencies can still try to work out a budget and payment schedule with your creditors, but that usually works best with credit card debt and even then only if the agency you are working with actually sends the money in. Some of them may not do what they promise you, so be careful.

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