These are two most common instances where the debtors have to grab his or her rights regarding the debt. However, this does not mean that he or she does not anymore need to pay the debts. It is the debtor’s obligation to pay his debts and failure or intentionally not paying his debts can be subject to criminal charges.
Those who are having a hard time settling their debts may consult Debt Aid Processing, one of the leading debt settlement back end processing companies in the United States, for assistance. They are willing to provide debt relief program for those who need it.