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{ Tag Archives } debt-consolidation

Why So Many Debt Consolidation Clients End Up Filing Bankruptcy

In my years of experience practicing bankruptcy, I have seen clients file bankruptcy cases for many different reasons. But, for me, the most frustrating trend is the very high number of clients who seek bankruptcy advice after working with debt consolidation companies. Continued here: Why So Many Debt Consolidation Clients End Up Filing Bankruptcy

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Bankruptcy Versus Debt Consolidation – A Clear Choice

A recent New York Times article exposed the grave pitfalls consumers are facing, lured by debt consolidation companies that advertise aggressively. The pitch is simple: “Don’t file bankruptcy. Instead, pay money to the debt negotiation company, which negotiates lower payments or lump sum settlements.” The problem is that it is never so easy. Continued here: Bankruptcy Versus Debt Consolidation – A Clear Choice

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