Debt Solution Source

Chapter 13 vs. Debt Consolidation?

I have about $11,000 in credit card debt I’ve been avoiding. I need some sort of consolidation. What are the pros and cons for Chapter 13 and a debt consolidation company? Any personal experiences?

A Debt consolidation company sometimes are late with you payments, doesnt do their job right, and are not really helping you. Have you ever filed bankruptcy before? Chapter 13 is a repayment plan that you would pay a trustee for 3-5 years, and its is more expensive to strart up…around $2,000 with lawyer fees. More then likely you would qualify for a Chapter 7. Chapter 7 would wipe away all your debt. Chapter 7 filing fees alone are $299.00 without the lawyer fees. Is there another way to do your bills? Maybe get a loan from a bank or something? $11,000 doesnt seem like a lot of debt to me……

New York Bankruptcy – Debt Consolidation or Chapter 13 Bankruptcy