On July 30, 2016, Social Security began requiring new and current my Social Security account holders to sign into their account using a one-time code sent via text message. This second layer of security that requires...
Unlike debt settlement and debt consolidation, bankruptcy typically wipes out debt. Although this may seem like a solution to your money problems, it will have lasting consequences on your credit report and still may not remove all the debt you have.
The bankruptcy is removed from your credit report seven years from the date you filed your petition. Debt restructuring versus debt consolidation. Debt consolidation is a popular alternative to debt restructuring and is one of the major options you should consider before deciding to restructure your debt. Debt consolidation is the process of taking out a single new loan in order to pay off multiple existing loans.