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Is this debt relief considered a bankruptcy?

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Not all debt relief methods are treated in the same way and bankruptcy is always considered as the last debt relief option. Essentially, there are different debt relief options that include debt settlement, debt management and debt consolidation. Since you haven't mentioned the debt relief option you are considering, it's difficult for us to provide you with a valid and helpful answer. Kindly let us know the debt relief option you are talking about so we can provide you with the required information.

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Waterfall approach to debt free ™

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

Last Updated on: Fri, 8 Jun 2018