There are several factors that may qualify you for debt relief, including:
- Struggling to make minimum monthly payments on your debts
- Having a high amount of debt relative to your income
- Experiencing a financial hardship, such as a job loss or medical emergency
- Facing a imminent threat of legal action or wage garnishment
If you are experiencing any of these issues, you may be able to qualify for debt relief options such as debt consolidation, debt settlement, or bankruptcy. To determine which options may be right for you, it is a good idea to speak with a financial professional or a bankruptcy attorney. They can review your specific financial situation and help you understand the options available to you.