Layton Bankruptcy Video #8

What is the Difference between Bankruptcy and Debt Consolidation?

Well, first of all Bankruptcy gives you Federal Bankruptcy Protections. Debt consolidation has no protection, whatsoever.
So, if you’re going to do one or the other, you might as well do a bankruptcy Chapter 13, which consolidates your debts but gives you all of the bankruptcy protections at the same time.
Thank you for watching this video. If you have any other questions feel free to check out our entire video series and if even those don’t answer your questions please contact our office.

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