Will bk13 be quicker than settlement? – cant decide

I have had bad times, which dragged on and by the time it was over, I found myself with around $35,000 of credit card debt. I have been paying $1000 for the bills each month and still don't seem to keep up. Considering bankruptcy, - Chapter 13, since I won't qualify for a bk7. But then, will settlement be a good option for me? Both are going to affect credit score. While I get to pay less with a settlement, will bankruptcy be a quicker process to get rid of the debts?
1 Answers

Ask Question

Waterfall approach to debt free ™

Legal debt relief methodology that works based on your financial conditions.Learn more »

  • expertise badge
  • TrustLink logoTrustLink logo
  • Customer ratings on BBB
  • IAPDA logo
  • Calchamber Member
  • Calbar Registered
  • D&B
  • Trustpilot
  • yelp logo