Is Debt Settlement a Better Alternative to Bankruptcy?
Is Debt Settlement a Better Alternative to Bankruptcy? The formula for debt settlement seems simple: hire a debt settlement company, stop paying your creditors, save up funds to use for settlement, then make offers with your creditors for pennies on the dollar. It sounds like a great alternative because it keeps you out of bankruptcy, but beware of the details. You can be sued in debt settlement Debt settlement requires you to stop making your regular monthly payments to creditors. However, when