ca debt settlement: How is California Debt Settlement Different than Bankruptcy?
- 01/25/11 01:58 AM
How is California Debt Settlement Different Than Bankruptcy? Debt Settlement also know as Debt restructuring is not Bankruptcy. With debt settlement you pay back your creditors by negotiating with them to accept less than the principal balance that they claim you owe. There are not public records when you utilize a California debt settlement company and no one knows that you have hired a someone to help with your credit card debt. Bankruptcy involves going before the courts and having debt forgiven. Filing bankruptcy is a serious decision with serious consequences and should be considered only as a last resort, based … (1 comments)
This Blog is my voice on the political, financial and social implications of debt. My goal is to encourage my readers to think outside their own personal reality and to challenge the social and political truths we have been taught about money, finance and our "free market" economy.
How is California Debt Settlement Different Than Bankruptcy? Debt Settlement also know as Debt restructuring is not Bankruptcy. With debt settlement you pay back your creditors by negotiating with them to accept less than the principal balance that they claim you owe. There are not public records when you utilize a California debt settlement company and no one knows that you have hired a someone to help with your credit card debt. Bankruptcy involves going before the courts and having debt forgiven. Filing bankruptcy is a serious decision with serious consequences and should be considered only as a last resort, based … (1 comments)
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