Is Debt Consolidation Similar To Bankruptcy?

Discussion in 'Credit Talk' started by debtquotes, Jul 27, 2009.

  1. debtquotes

    debtquotes Banned

    Hi,

    Extremely Not!!!
    Debt Consolidation is in favor of people who desire to disburse what they are in debt and have the facility to obtain extra credit in the opportunity.

    Bankruptcy is considered to release you of all your obligations and results within long term pessimistic things on your credit position.

    It's true I found this answer for this question..

    Please share your suggestion

    Thanks in Advance ..
     
  2. jjgross

    jjgross Well-Known Member

    Neither one is good.Your credit is down the drain with both.
     

Share This Page