Liz Weston: Debt buyer or bankruptcy to erase $16900 balance? - Oreg...

Liz Weston: Debt buyer or bankruptcy to erase $16900 balance?
OregonLive.com
Many people who can't pay what they owe are better off skipping debt settlement and filing for Chapter 7 bankruptcy, which erases credit card balances, medical bills, personal loans and many other unsecured debts in three to four months. Chapter 7 ...