Remove Consolidate Debt Remove Debt Consolidation Remove Repossession
article thumbnail

Is It Better To Declare Bankruptcy or Debt Consolidation?

Sawin & Shea

When you are overwhelmed by debt, you may start to wonder if declaring bankruptcy or pursuing debt consolidation is the better option. Understanding the key aspects of each can help you determine what is better, bankruptcy or debt consolidation, for your situation. The court reviews your finances to prevent fraud.

article thumbnail

Debt After Death: 9 Things You Need to Know

Credit Corp

If the estate cannot pay off the loan, the person who inherits the car can sell it to cover the debt. If no one is able to pay off the loan, the lender may repossess it. Credit Card Debt . Joint credit card debt passes straight to the other borrower.