What to do about Debt?

Having debt is one of the most stressful problems. Some people can get out of debt through various methods while others cannot. One of the most common methods of coming out of debt is by debt consolidation. Sometimes you can significantly reduce your payments. The way this works is very simple, you basically take out a low-interest loan that will pay off all your current debts and in return you have to pay off that loan. Sometimes that can turn risky, because you may have to put your house on the line. You can ,however, get some tax advantages. If nothing works out (unfortunately), then the best thing to do is to declare your self as bankrupt. Starting over might give you a fresh new start.