Are you tired of feeling like you'll never escape your debt—that no matter how hard you try to stay afloat, the payments just keep piling up? It seems impossible to get away from this situation, but surely there are options for you to be freed of debt. In this episode of the Ask Ralph Podcast, host Ralph Estep Jr. explores two paths that millions have turned to when traditional methods no longer seem viable: debt management programs and bankruptcy. Listen now to find real hope and empower yourself with knowledge of potential paths forward.
https://www.askralphpodcast.com/
00:00 Episode Overview
00:47 Welcome To Ask To Ralph Podcast
01:15 Show Announcements
01:44 Bible Verse
02:20 What is Debt Management?
02:46 How does Credit Counseling work?
03:48 Pros of Debt Management
04:58 Cons of Debt Management
06:23 Scams To Avoid
07:38 What is bankruptcy?
08:28 Types of Bankruptcy
09:56 Effects of bankruptcy
11:28 When is bankruptcy the right decision?
12:30 Making an informed strategy
13:03 Actionable steps to take
14:07 Outro
