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Can I File Bankruptcy on Just My Credit Cards?

Sawin & Shea

Credit card debt is a huge reason people end up filing for bankruptcy. The incredibly high interest rates alone plus the ease of procuring cards contribute to what can be a vicious cycle of maxing out limits, paying only minimums, and applying for more cards. But can you file for bankruptcy on credit cards only ?

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Consolidating Your Debt? Here’s What NOT to Do

Debt Guru

If you don’t trust yourself to refrain from using your card, cut it up or lock it away – but keep the account open. Remember that there is unsecured debt (like your credit card balances) and secured debt (such as your mortgage and auto loan). The post Consolidating Your Debt?

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How Does a Debt Consolidation Program Work?

Titan Consulting

Debt consolidation might include a debt management repayment plan, credit card balance transfer, personal loan, or equity line of credit. The main strategy in any debt consolidation strategy involves replacing one debt with another debt, usually with a lower interest rate or monthly payment.