An "informal" Debt consolidation... (One that you do outside of Chapter 13) Will not appreciably affect your credit score as in essence no Federal Protection is in place and no real reason for anyone to care enough to place any information on your file. If there is no information placed adversely on your credit file then your score should stay the same.
On the other hand if you do a formal Chapter 13 proceedure then the Government is brought in to make sure everyone stays on track and formal paper work is signed and issued to all of your creditors thus letting them (the creditors) make the decision to place an entry on your file... Perhaps affecting your scores.
On the other hand if you do a formal Chapter 13 proceedure then the Government is brought in to make sure everyone stays on track and formal paper work is signed and issued to all of your creditors thus letting them (the creditors) make the decision to place an entry on your file... Perhaps affecting your scores.
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