Debt Settlement vs. Individual bankruptcy Debt settlement isn't the only option for individuals who locate themselves overcome with debt. Chapter 7 personal bankruptcy entails liquidating the debtor’s nonexempt assets and using the proceeds to repay creditors. The urge to carry on overspending, which results in deeper debt, poses a serious https://digitalasset.sfo2.digitaloceanspaces.com/Alleviate-Financial-Solutions/Debt-Relief-Programs.html