subject: Debt Settlement Tips - Why Pay Credit Card Debts When You Can Eliminate 50% First? [print this page] Debt Settlement Tips - Why Pay Credit Card Debts When You Can Eliminate 50% First?
Debt relief is on sale now! Maybe a flyer or two hawking a 50% sale is what got you into debt in the first place? But debt settlement isn't a product that will increase your debt; it is a service to help you eliminate your debt. Debt relief through debt settlement for credit card debt can help you eliminate 50% of what you owe. How is this possible? Check out the checkmarks for a few tips:
Unlike bankruptcy, which is a declaration, settlement is a negotiation. It is a negotiation between a legitimate company skilled in reducing debt and credit card companies who want to settle debt. When a person gets over their head in unsecured loans, they look for a way out. They may call a lawyer to discuss bankruptcy proceedings, they may call their mother for a loan, they may call their friends in Mexico to arrange a permanent vacation, but they usually won't call their creditors! A settlement company will call your creditors.
Your creditors will listen. A legitimate settlement company has worked with creditors and has already accomplished for others what you're hoping to accomplish. You're hoping to accomplish debt relief and you'd like to eliminate 50% of your debt first before you settle. Credit card companies don't want people to declare bankruptcy because bankruptcy will eliminate 100% of what you owe them. Besides being bad for the consumer as a relief solution, it's bad for them, too. So they'll listen to a settlement professional who will negotiate with them to reduce your debt.
Check out debt settlement networks. Debt settlement networks have garnered the best companies out there for your debt relief sojourn. They have information about companies with proven track records and deal only with legitimate professionals. Consult a settlement network for the best people in the business.
If you feel overwhelmed with your loans, now's the time to settle up. Do some research into financial settlement before you take a wrong turn into bankruptcy.
Debt settlement is a viable alternative to filing bankruptcy. Most consumers are able to eliminate at least 60% of their unsecured debt while avoiding many of the negative consequences with filing bankruptcy. If you are over $10k in unsecured debt you will be eligible for debt settlement.