Is bankruptcy better than debt settlement or debt consolidation

In our professional opinion, the answer is yes in the vast majority of situations. Many clients come to us after months or even years of paying some sort of debt consolidation company to only end up being sued by a creditor and then realize many creditors were not paid and the company was charging them a large amount, many times more than a bankruptcy would have costed in the first place. Their credit scores also end up lower as well.