ClearOne Blog Bankruptcy vs. Debt Relief: Which Option is For You? | ClearOne Advantage

Getting in debt is something that many people face because hardships and unexpected life events can happen to anyone - after all, we're all humans! The goal for people in debt is to stabilize their personal finance and live a debt-free life. When you feel overwhelmed by debt and simply can't repay it with your existing income, then you can either seek debt relief or file for bankruptcy.