Credit card consolidation loans are just one of several effective ways to help you get out of debt and back into the green. If you're currently in debt then you will know that this is a highly distressing and upsetting position to be in. It can feel very much as though the walls are closing in around you, and you might find yourself wracked with guilt and stress as a result. There's no worse feeling than getting a letter in the post that's threatening to make good on your repayments....
While most people tend to think of Chapter 7 when considering bankruptcy, the truth is not everyone will qualify. In general, it is much easier to qualify for Chapter 13 because there is less income restrictions. There are fewer eligibility rules for Chapter 13, but also very different risks and benefits....