dept trubble

Debt cosolidation is a much better choice. A bankruptcy will stay on your credit for 10 years. Is your business incorporated, an S Corp, LLC or sole prop?
Boy do we need spell checker on this site.

debt settlement is a much better option for your credit than bankruptcy. I would contact a debt mitigation company sooner than later. You may find that Bankruptcy is a better path for you.

I would strongly suggest you act quickly though. Interest and penalties can snowball quick. There are some great companies out there that can help. Let me know if you have any further questions or concerns.

i would try to avoid bankruptcy at all costs. It will effect your credit for a very long time. Now consider your situation, when considering debt consolidation or debt settlement. Debt consolidation will wrap it all up into one payment for usually 5 years or so and try to get your fees and % lowered or removed. This is the best option to save your credit score, but it takes a long time and will you be able to make that payment? Option 3 is debt settlement. Settled through a company or by yourself, agree to only a % of the bill paid in usually one lump sum harder on your credit but a faster way to get it done. But dont let that get you down, your credit will return to normal in about a year or so if your a good boy! If you consider debt settlement and have questions i will gladly answer them for you its confusing to some, and I have been through it so i know most of what to expect,what happens, and how to go about it. but be sure to figure it out soon and make a plan