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Consolidate Debt Chapter 13 bankruptcy Repossession Secured debt Unsecured Creditor Credit Card Debt Foreclosure Unsecured Debt Chapter 7 bankruptcy Bankruptcy More Related Topics >
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Is It Better To Declare Bankruptcy or Debt Consolidation?

Sawin & Shea

JANUARY 24, 2024

When you are overwhelmed by debt, you may start to wonder if declaring bankruptcy or pursuing debt consolidation is the better option. Understanding the key aspects of each can help you determine what is better, bankruptcy or debt consolidation, for your situation. Equity loans put your home at risk as collateral.

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Debt Consolidation Bankruptcy Chapter 13 bankruptcy Collateral 52
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Bankruptcy Chapter 7 vs 13: Which Is The Best Option?

Debt Free Colorado

DECEMBER 9, 2021

While debt is not eliminated , it is significantly reduced. Complete protection from creditors – This includes wage garnishment and debt collection. Classification of obligations – Define the difference between debts incurred with a third party and those incurred with oneself. Collateral guarantees debt repayment.

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Chapter 13 bankruptcy Chapter 7 bankruptcy Bankruptcy Unsecured Debt 75
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