How Homeowners Can Protect Their Credit and Pay Down Their Debt

If you own a home and are contemplating bankruptcy, stop for a moment to consider whether there may be another option that will allow you to pay off your debt and still protect your credit. Carmen Wong Ulrich explains.




















If you have a financial question you'd like Carmen to tackle, post it here in the comments or email us directly at ivcommunity@mail.ivillage.com


Watch Carmen Wong Ulrich's 'On The Money' Weeknights at 10PM ET on CNBC! Find more information on coping with the economy with our Bail Yourself Out resources.

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