Every borrower’s financial situation is unique and there is no single debt-relief solution that works for everyone, which is why it is a good idea to speak to a reputable bankruptcy attorney if you are considering a debt settlement or bankruptcy. For some people, eliminating their debts in a Chapter 7 bankruptcy is the best option. For others, reorganizing their debts and creating a repayment plan is the most useful debt-relief solution, especially if they want to strip a lien from their property. Others still are better served by a debt settlement, especially those who don’t qualify for Chapter 7 bankruptcy and would end up paying back a large percentage of their unsecured debt with a Chapter 13 repayment plan. The quickest and easiest way to determine which solution is best for you is to enlist the help of a qualified attorney who will evaluate your financial situation and walk you through the benefits and pitfalls of each debt-relief option.