There is a huge stigma that goes along with filing for bankruptcy. The word bankruptcy invokes a feeling of failure and immorality. People dread the thought that bankruptcy may be in their future. But debt consolidation, debt resolution, credit management, debt relief, etc.; these terms invoke a completely different emotional response. These concepts are marketed as an alternative to bankruptcy: a way out of financial hardship, but not shirking one’s responsibilities.
Don’t be The Next Victim
Debt relief agencies are great at marketing, but are a poor choice in most circumstances. Debt relief agencies promote that their services are an alternative to bankruptcy, but in truth they are praying on people’s emotions, spouting a false narrative, and creating false expectations.