justincase

Get rid of debt without paying - does that happen? Is it at all possible? If not...How about filing bankruptcy - can the consumer file bankruptcy and not pay anything? There would be filing fees and attorney fees for those who are not going to do it d-i-y. So the answer is no. However, in a Chapter...

There is such as thing though as insolvency, or offer in compromise, but you have to qualify for it. One of the qualifications is having less than $10,000 in debt and having a good payment record for the past five years.