If you over overwhelmed with debts, declaring bankruptcy may be the most prudent option. Bankruptcies stay on your credit report for seven years, so it's not a decision to make lightly. However, it stops most collections and legal actions, meaning you can avoid wage garnishment and other concerns.

With our financial counsel, you can determine how to move forward after bankruptcy. Credit building is gradual, but it's essential if you plan to buy a house or car.