Difference between debt consolidation and bankruptcy While bankruptcy ... individuals who file for bankruptcy generally have two options: Chapter 7 and Chapter 13. A Chapter 7 bankruptcy is ...

You can skip an official debt-relief program and handle debt on your own through a combination of debt consolidation ... most common form of bankruptcy, Chapter 7 liquidation, can erase most ...

Debt consolidation combines several debts into one ... Before considering it, here are some things you should know about bankruptcy: Chapter 9 bankruptcy for municipalities experiencing significant ...