Do you feel like your staring down the barrel of a gun? Is your level of debt slowly increasing each month due to higher percentages and late payment? Are you being hassled by your creditors, having your wages garnished, or worse, seeing your bank account levied? Are you looking for a realistic solution to finally pay off your debts?
Over the last few years, we have seen hundreds of people fall into debt. Some of these people are among the most financially responsible people we have ever encountered, which just goes to prove that money troubles can befall anyone. Often, it simply isn't our fault - people lose their job, they are forced to take a salary cut, sometimes we face unexpected medical emergencies - all of these things have the potential to cripple someone financially.
Despite your best efforts, you find yourself unable to meet your monthly financial commitments. As a result, you may be thinking about desperate measures, such as taking out new loans or credit cards, or even worse, filing for bankruptcy.
How Debt Settlement Can Ease Your Money Worries
Debt settlement refers to a way of reducing your debts by negotiating with your creditors a reduced balance which, once paid, will be accepted as payment in full. Sounds great right?
When debtors fall into a situation where they cannot afford their monthly payments any longer, they enter a vicious cycle which sees their debt constantly grow due to the penalties for late fees and ongoing interest. Fortunately, there are safeguards in place when this kind of situation occurs. In order to put an end to the cycle of constantly growing debt, it's possible to negotiate a reduced balance with creditors that debtors can realistically afford to pay off with monthly payments.
A debt settlement is for many people, the only realistic way of lowering their debt balance and saving themselves from filing a bankruptcy. Creditors face losing everything that is owed to them should their debtors fall into bankruptcy, meaning that they are often more likely than not to agree to a reduced balance rather than lose everything that's owed to them.
Truly, settling a debt in this way is a win-win solution for everyone involved. Creditors can recoup the majority of what's owed to them, while debtors are free from the specter of bankruptcy, they are no longer being hassled by their creditors and they can finally start saving money again!
If debt settlement sounds like the ultimate tonic for your situation, then don't hesitate for a moment longer! The longer you leave it, the worse things will get! Contact one of our free debt counselors today and arrange a free consultation where we can discuss the best plan of action for you.
Our skilled, highly knowledgeable debt counselors are ready and waiting to help you out of your financial nightmare. They are ready to immediately start acting on your behalf. We can immediately address any short-term financial problems and then contact your creditors to negotiate a long-term settlement that you can afford. We will assist you every step of the way, from handling negotiations with your creditors, to creating a payment plan and organizing methods of payment.
We are on your side! We know the stress you are under and we know that it's all so unnecessary! All you need to do is ask for help and we can start resolving your situation today!