Being in heavy credit card debt might lead Floridians to feeling isolated. The sense that they are drowning in their financial challenges can be overwhelming. That belief that they are by themselves in their issues with credit cards and the inevitable creditor harassment can force them to make decisions the might not want to make like considering bankruptcy. However, there are alternatives available and the first step is to realize that there are others - many others - in the same circumstances throughout the U.S.
The scandal involving the creation of fake customer accounts at Wells Fargo rocked the financial world. Worse yet, it violated the trust of consumers, and in some cases, billed customers for unknown fees or negatively impacted credit scores. The fallout could continue for years to come, but consumers could have some closure soon.
The word bankruptcy is like a stop sign for many Floridians who have no interest in taking that step to clear their financial challenges. For many, bankruptcy is a viable alternative, but if a person wants to find another way to get out of debt, there are ways to do it without having to move forward with the personal and financial turmoil that often accompanies any form of bankruptcy. Having an idea of the options available is the first step.