Reading from Linda Ferrari's book The Big Score" - we are in Chapter 15:
Overextended? Debt Relief Options & How The Affect Credit Scores.
I will add my experience along with Linda's wise advise ( from the book)
Option 1- Debt Consolidation
Option 2 - Credit Counseling
Option 3 - Debt Settlement
Option 4 - Bankruptcy
Option 5 - Debt Negotiations