Cardinalcyn

Up until late 2004 bankruptcy was to be used for consumers who were having serious financial problems. Unfortunately it was mistreated by thousands of Americans who were trying to avoid paying their debts. Can a bankruptcy be any where near as bad as debt settlement I need to know which is a worse situation because I can not afford to do something that will hurt me financially.

You need to feel confident with the person you are speaking with as well as the debt settlement company. If they are being pushy and trying to get you to sign a contract within the first 10 to 15 minutes of the call you need to watch out. I found that my debt settlement company was ripping me off and not actually settling my debts at all.