Debt Snowball vs. Avalanche vs. Bankruptcy: The Comparison Dave Ramsey Never Shows You.
A hard truth: the snowball vs avalanche debate leaves out bankruptcy. I filed Chapter 7 in 1990 and ran a credit counseling agency, so I compare debt snowball vs debt avalanche vs Chapter 7 bankruptcy across credit impact, collections, speed to debt-free and retirement cost, with a $600/month retirement math example.