Debt consolidation loans, consumer credit counseling, debt settlement and bankruptcy, are all options that should be evaluated if you find yourself in a tough spot.  If you’re struggling to keep up with your debt, it’s important to understand the advantages and disadvantages associated with each of these options.  The Captain has a keen eye for red flags and he wants to be sure you have sufficient information at your finger tips to better understand your debt relief options and to avoid costly mistakes and traps.

CAPTAIN’S TIP:

The bad guys smell fear.  Being in debt can be scary but if you find yourself in over your head, it’s important that you don’t panic.  If you panic, you’ll be more vulnerable to scams and traps.  Try and keep calm while you consider your options and you’ll find yourself better able to make wise decisions and to rid yourself of the “Debt Blob”.