Alternative debt relief options for individuals with significant secured debt or those for whom consolidation and management are not suitable include refinancing secured debt to improve cash flow, negotiating directly with creditors for hardship programs, and bankruptcy as a final option.

Authors

• Person: Not available Organization: Valley Credit Union
  Debt Consolidation vs Debt Management: Which Is Right for You?

Sources

• Debt Consolidation vs Debt Management: Which Is Right for You? www.valleycu.org Valley Credit Union via serper

Referenced by nodes (2)

• bankruptcy concept
• debt relief concept