There are three options for consumers who are looking for ways to get out of credit card debt.  They are debt management, debt settlement and bankruptcy.  You should explore all three options before you decide which one is the best for you.

Debt management should be considered if you are barely able to make the minimum payment on your credit card account.  If you opt for debt management, your card issuer will close your account and reduce your fees and/or the APR.  Debt management will have a marginally negative impact on your credit.