Author Archives: Chuck R Stewart

Debt consolidation or bankruptcy? Which is better for you for your future? You\'ve accumulated a large amount of debt through credit card purchases, a home equity loan, a large car payment, and a mortgage with a high rate on a house that has lost value. On top of all that, you have some medical bills. Creditors and collectors are calling. You\'re not home. They are trying to get to you through your family. Your family is not happy about that. You are embarrassed that you cant live up to your obligations, but you just lost your job. You don\'t want to lose your car and your house. That would just make things worse. So, what should you do, consolidate or declare bankruptcy? You might think that the more honorable thing to do would be to consolidate so you can pay your obligations rather than just dump them. Take the advice of a Houston bankruptcy attorney. It is often preferable to draw the line on the debt so you can start fresh. If youre in Houston stop foreclosure by heeding this advice. Continue reading →