You can find free or low-cost credit counseling options at: Under the provisions of the Servicemembers Civil Relief Act (SCRA), you may qualify for a reduced interest rate on mortgage payments or credit card debt, protection from eviction, or a delay of all civil court actions, such as bankruptcy, foreclosure, or divorce proceedings.

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Frequently, people who take out debt consolidation loans spend their credit cards up to the maximum again – and find themselves in even more debt and more trouble.

A co-signer is someone – usually a close friend or relative, who is promising the bank that they will pay the loan off if you do not.

Bankruptcy information stays on a credit report for 10 years and can make it difficult to get credit, buy a home, get life insurance, or sometimes get a job.

As federal courts have exclusive jurisdiction over bankruptcy laws, cases must be filed in federal bankruptcy court.

When you start pursuing debt management options, you may get many mixed messages from those in the debt relief industry.

Because there is no general industry consensus as to what the best options are, we have narrowed down your options.If you’ve got mountains of debt piling up, it can be all-too-easy to throw your hands in the air and turn a blind eye to burgeoning balances.But, remember, ignoring your debts won’t make them go away and, moreover, there are ways to get out of the red.By understanding how consolidating your debt benefits you, you'll be in a better position to decide if it is the right option for you.student loan is subject to completion of a loan application/consumer credit agreement, verification of application information, credit qualification, and a benefit to borrower determination.Dear Debt Adviser, I have about ,000 of debt on credit cards.