Both options can help if you have a large, five-figure amount of debt. Here's how to tell which is better for you.

In fact, there are a few different options — credit counseling, bankruptcy and debt relief — that could make sense in this ...

and then you can take the mandatory pre- and post-bankruptcy counseling classes. Cambridge Credit Counseling is based in Agawam, Massachusetts, and has been in business since 1996. It holds a 4.9 ...

Depending on the counselor's training, they may also provide pre-bankruptcy, housing, and other specialized counseling for your unique situation. If you have a mountain of credit card debt ...

is a nonprofit organization that provides credit counseling and debt management services to consumers nationwide. It also offers specialized counseling for bankruptcy, reverse mortgages and ...

“Prioritize debts secured by a house or car, necessities like utilities and debts that can’t be discharged, including student ...

Before filing for bankruptcy, individuals are required to attend credit counseling. Chapter 7 bankruptcy is quicker and cheaper to file than Chapter 13, but not everyone qualifies. If you have any ...

Based in Massachusetts, Cambridge Credit Counseling Corp. is a nonprofit credit counseling agency that provides financial education and debt management services to consumers. It offers credit ...

But the harsh truth lies somewhere short of "totally erased" and "no consequences." To be clear, debt forgiveness does exist, ...

LaToya Irby is a credit expert who has been covering credit and debt management for nearly 20 years. She's been quoted widely in national publications, and her work has been cited in several books.