However, you should not be deceived by this type of offer. There is no generic formula for the best debt elimination program. A good debt elimination program should be the best for you. It should be based on a careful analysis of your situation and be suited specifically for you. A good debt elimination program should take into consideration the different factors of your financial situation. However, certain consequences come with bankruptcy. If you make use of this business debt elimination strategy, your net income will be restricted for three years. Legally, you say that you don't have any money left. Because of this, the government will be obliged to see to it that your claim is true. The bad part though is that since you haven't started your way in this journey, you have to face the fact that you are still in a pool of debt and the only way out there is to seek for the legality of debt elimination. It is easy to claim that debt elimination is the sole way to lessen your problem. But then how will you take it? People who try to eliminate their debts without a strategy often make sacrifices that have little or no impact at all on their goal. This discourages them and causes them to start incurring more debt. Having a debt elimination strategy will help you make only the sacrifices that matter. A debt elimination strategy will help you make sure that no unnecessary effort is exerted. When people truly want to accomplish a goal like total credit card debt elimination, a plan will go a long way in helping them do it. A plan will help people gain a better understanding regarding the goal. It will help motivate people by showing them just how close they are to total credit card debt elimination. People who experience problems with debts will tell you that it is quite hard to think clearly about the steps you need to take. A plan will help you gain a clear perspective of your problem. At the very least, a plan will help you react automatically if you encounter different obstacles on the road to debt elimination.