Credit problems can happen to anyone, and there are many American families out there struggling with debts and bills they cannot pay. Out-of-control debt can cause you a host of issues, from damaged credit that affects your ability to take out loans or even get a job in the future, to harassing phone calls from debt collectors. If you are facing debt problems and you cannot handle your credit card bills, you do have options. Debt settlement is an option that would allow you to make a deal with your creditors and to pay less than what you owe. Debt consolidation is another option, where you can combine all your debts into one so that you can make one manageable payment. Yet another possibility is bankruptcy, a last resort that may allow you to wipe the slate clean if you really cannot manage your debts in any other manner. Whatever course of action you choose, it is important to remember that credit card problems are not going to solve themselves. Make an informed choice on how to best handle your debt by reviewing the articles and answers to frequently asked questions in this section.