There are a number of bankruptcy alternatives available for consumers in search of debt relief. It is very important to know and understand the differences. Total Debt Services is capable of assisting you with multiple debt relief options and help you make the right choice for your situation. Due to changes in bankruptcy laws, consumers are seeking bankruptcy alternatives such as debt settlement, Credit Card Counseling and Debt Consolidation to get out of debt. Call now to speak with one of the debt analysts of totaldebtservices.com or click to fill out an online submission form to have them contact you.. source: http://www.totaldebtservices.com/
Best idea is to return the stuff you bought because you obviously can't afford it and then get a job and pay the rest.
You can keep the house if you pay the enquity in your house to the trustee and if the mortgage company itself agrees. You can also consider some bankruptcy alternatives read more herehttp://www.totaldebtservices.com/bankruptcy_alternatives.asp
One option to avoid filing bankruptcy is to simply do nothing. If one has no income and no assets, they are considered "judgement proof" and typically creditors will not file legal action against them as there is nothing for the creditors to recover. Other alternatives include informal or formal negotiations with one's creditors, consolidating debt, or restructuring debt (essentially refinancing the original loan).
One option to avoid filing bankruptcy is to simply do nothing. If one has no income and no assets, they are considered "judgement proof" and typically creditors will not file legal action against them as there is nothing for the creditors to recover. Other alternatives include informal or formal negotiations with one's creditors, consolidating debt, or restructuring debt (essentially refinancing the original loan).
Debt counselors are counselors that will meet with a person and discuss their personal debt load and finances. The counselor will advise the best route to pay off the debt or whether or not other alternatives would be best, alternatives like a consumer proposal or bankruptcy.
list of alternatives
Alternatives was created in 1994.
There are two alternatives forms of treatment
what are alternatives for food additives?
If you file bankruptcy, you file bankruptcy on everything. You can not file bankruptcy on one loan.
1st bankruptcy = 7 years 2nd bankruptcy = 20 years 3rd bankruptcy = life