My husband and I want to pay off some credit card debt; which is the better option?

Do you go thru a bank? A specialist type company? What type of fees? Do they knock down some of your balances? Do they send you a check & you thereby payoff the balances (then just have the one single bill to this new creditor)? Or do they payoff the individual accounts – then merely send you a statement to begin paying? Do they require an asset of yours to apply the loan against (collateral) like IRA’s?
Thanks for your help! Much appreciated!
=)
081707 9:30

I have very high unsecured debt. I can’t keep up the minimun payments. would debt consolidation be the way to go, or should I declare bankrupcy.Which would hurt me more in the long run?

i want to consolidate my debt but am concerned with how negatively its affects are on my credit. can i pay on a consolidated debt at a significantly lower interest rate than now(im averaging +20%!)? if so, will that outweigh the side-effects?

What is debt education?
Do Debt consolidation program offer it?

I would just like to know of some good debt consolidation companies that people have used that are friendly to people with fair credit and that are simple to recieve help from.

My credit is not that good its actually poor. I am only $20,000 in debt but would like to consolidate both my credit cards and car payment. I would like to have a reputable company and one that creditable also. Thank you

I wanted to do credit card debt consolidation but I am skeptical if this is a good idea with the economy. I am very far behind on my credit card bills and the only reason I can’t afford them now is because the min payment has gone through the roof. The all together debt that I have is less than 2,000.

i have a lot of student loan debt and want to consolidate. however, i’m sure that because it is a private loan they’re going to run my credit. do you know what is the lowest score i can have to consolidate?

I am considering filing bankruptcy. I know that consumer proposals – debt consolidation are another option. If anyone can give me information on this it would be much appreciated and the most thorough answer will get 10 points – again thanks.