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Debt Consolidation vs. Bankruptcy – Which Is Better?

Debt consolidation and bankruptcy are both options for individuals struggling with debt. But which is the better option?

There are pros and cons to both debt consolidation and bankruptcy. With debt consolidation, you work with a credit counseling agency to develop a repayment plan. This can be a good option if you have a lot of unsecured debt, such as credit card debt. The downside is that it will take longer to pay off your debt, and you will still have to make monthly payments.

Bankruptcy is a legal process that allows you to discharge your debts. This can be a good option if you cannot afford to make monthly payments or if your debts are too high. The downside is that it will stay on your credit report for seven to ten years, and it can be difficult to obtain new credit after filing for bankruptcy.

The Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over.

Our goal is to help you find a fresh start FAST!

Schedule your free consultation just today! By Calling 626-338-5505 or visiting us at 12738 Ramona Blvd Baldwin Park CA 91706


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