Debt consolidation could be a workable remedy for people who are in the position of looking at the worrisome possibility of bankruptcy in the face. With an increasing number of the American population starting to collapse under the intense weight of credit card debt, most are distressed to discover that the only choice they may have is to file for bankruptcy.People who face bankruptcy are often comforted to find out that they might be able to consolidate their credit card debt as an alternative. The offending scenario usually goes like this: monthly, credit card owners pay many different credit card bills that have distressingly high interest rates. As the card owner manipulates their income to stay ahead of their debt, they scarcely are able to squeak out the minimum payments each month. This is a dangerous circumstance. It’s difficult already for the majority of them to cover their cost of living without the anxiety of atrocious credit card debt hanging over their heads. As they become increasingly overwhelmed by their debt, debtors search for a fast and painless way out (bankruptcy); however, bankruptcy is not their only solution.Sufferers may apply for debt consolidation, which consists of lessening their many monthly payments into one, many times with a smaller rate of interest. Credit card debt consolidation gives credit card holders an answer to debt that lets them keep control and supervise their debt. Using an unsecured loan, they can converge all of their monthly bills into one, thereby simplifying the exhausting monthly chore of mailing off multiple payments to creditors.Getting rid of credit card debt is a daunting process. It takes much discipline, time, and patience. Once you discover yourself encumbered by huge credit card debt, you may think that bankruptcy is the only solution, but there are other avenues of solutions. Before selecting bankruptcy, anyone struggling with debt should research and think about credit card debt consolidation.