There are many people that have excellent credit scores and many people that have credit problems.  For those of you that have a good credit score - this article is not for you.  The rest of you should listen up.

If you are like many people who are behind on their credit card payments and bill payments, you may be feeling some stress.  Let me change that - a lot of stress.  You may be feeling overwhelmed - and afraid that there is no way out.

Most of you know about bankruptcy and the fact that it would solve your problem.  On the other hand, it also limits your ability to get a loan or a credit card for quite a few years - depending on your age and situation, this might not be the best idea.

I have a different suggestion for you.  Do you know what a debt negotiation program is?  Well, the simple explanation is that by enrolling in the program, your debts will be cut in half, you will just have one simple monthly payment, and your stress level will decrease.  For example, if you had a lot of credit card debt, if you were to take advantage of credit card negotiation services, they would reduce your debt and payments substantially.

You can also take advantage of credit and bill consolidation help if you are having problems keeping up with your bills.  This is very similar to the last method I discussed, but your monthly payments are less and you can expect that half of your debts would be reduced.

These methods are designed to help relieve your short term stress and get you out of debt in less than three years.  By using either of these methods, your credit score will decrease a little, but it will save your score from the damage it would receive from you going bankrupt.  Just be sure to talk to a professional before you decide what to do - they will help you make the right decision.