My credit card debt has reached $100,000. I was able to keep up with the payments, but due to pay cuts and such, I can no longer afford even the minimum payments.
It appears the only options I have are bankruptcy or debt settlement. Debt settlement seems like a viable option, but there are so many variables with those type of companies. Is there a trustworthy debt settlement company out there? Are there any other options I am not aware of?
The vast majority of debt settlement companies that advertise heavily seem to make misleading statements and facts which are hard to believe. You are right to be skeptical.
My advice would be for you to first look into both options. You can click here to find a local bankruptcy attorney. Make an appointment and go talk to them.
To research debt settlement I suggest you contact
Rather than jump into any company I really want you to do your homework, speak to representatives of both solutions and then come back so we can discuss what you learned.