When you have gotten in too deep into debt to see a reasonable way out, you may start looking at your long-term goals. Will paying eight credit card companies hundreds of dollars a month for the next six years really get you where you want to go?
People looking to clean up their credit and get back in good financial standing have a few choices. Debt consolidation companies promise to help get you back on track for a small fee, while bankruptcy may wipe out your debt entirely. What is the better choice overall?