Comments on: Alternatives to Bankruptcy

by: James

Fri, 18 Apr 2008 06:31:58 +0000

Managing Debt is essential thing to avoid bankruptcy & preventing indebtness. Debt Consolidataion is most effective in doing that. Out of many available, the most effective debt consolidation service I have found is: (link deleted) . We have been dealing with them for the last 5 months, and they helped us to consolidate all our loans and reduce the debt

by: Naya

Thu, 03 Apr 2008 22:05:29 +0000

I would say that It is also important to to have an idea about the perspective of the lenders.

by: Debt consolidation loan

Wed, 16 Jan 2008 06:28:54 +0000

How about taking a loan to give up the debts? Sounds funny? No, not joking. I am serious. Loans are a good option to pay up your debts.

by: Jeff

Sat, 08 Dec 2007 17:28:51 +0000

This post is right on, very good information, informative and helpful.

by: Bill

Sun, 04 Nov 2007 19:19:00 +0000

Great post! Debt consolidation is a tricky field, indeed.

by: Debt Consolidation

Mon, 29 Oct 2007 06:37:50 +0000

I think that this is an excellent post as well, however, one should not wait until you cannot pay up to find a solution to your loans and credits. People should be more responsible with their expenditures and realize when it’s already too much. Prevention is always better than cure, as they say..

by: Michael

Wed, 17 Oct 2007 12:07:30 +0000

Another thing to keep in mind is that the agencies that are suppposed to help you get out of debt, make their money from the credit card companies.

by: joerzoe

Mon, 01 Oct 2007 19:26:46 +0000

The information given is superb.I like to read this blog.Towards excellent.

by: Steve "The Debt Settlement Man" B

Mon, 25 Jun 2007 16:10:09 +0000

If you understand how the negotiation take place to get the settlement, then you would know that it does not show as a bankruptcy on your credit report. Only a bankruptcy shows as a bankruptcy. If you do the correct job in settling, it will say paid in full.

by: Garry Hudson

Wed, 30 May 2007 08:47:37 +0000

Many people who contact Clear Start have considered bankruptcy or have had concerns about being made bankrupt. It is essential that these people understand clearly what the implications of bankruptcy are and what other options are available to them, such as an IVA. It is also important to understand the perspective of the lenders - often bankruptcy is not what they want either.

However there are still many reasons why people choose to avoid bankruptcy if they can. The most commonly stated elements of bankruptcy that are undesirable are:

Loss of Assets, Lack of Control, Credit Status is Ruined after Bankruptcy, Embarrassment Over Social Stigma, Loss of Career