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well, to be honest - it's some personal debt, not really 'creditor debt' - but of course with a bankruptcy you have to re-establish credit... i'm thinking of having him get a personal loan from a good bank and paying off the personal loan, then paying off the creditor's loan early...



Coming from a banking background I agree completely with you. If they can get a strong cosigner on the loan it will help also. Most banks won't touch someone with such a recent blemish on their credit without some big help. Those consolidation places are a little shady. There are plenty of small time places that handle alternative lending. Most banks have a contact that they send customer to if they can't help.

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