Answers For Debt
Debt Settlement Do It Yourself Debt Consolidation
AVAILABLE PROGRAMS, DEBT SETTLEMENT PROGRAMS, CREDIT COUNSELING PROGRAMS, INTEREST REDUCTION PROGRAMS, BAD, OR GOOD?
These Debt settlement companies and Credit counseling companies are calling me on the phone promising to reduce my interest, reduce my balance, and settle my debt at 35-50% of what I owe. They are calling almost as much as the collection agencies, something not right here what should I do? Educate yourself that is what. Learn as much as you can about credit laws, debt rules and regulations, the laws that regulate these firms. Bankruptcy, Credit, Debt is a handy little booklet that can be used by anyone, and even shared with friends who may need assistance.
If it sounds too good to be true the old saying goes, it is. Well anyone deciding to choose debt settlement, should check with a reputable non profit credit counseling agency first. A red flag for debt settlement is the requirement of up front fees.
Anyone laying out allot of money, to ruin their credit, and possibly get sued, especially if big balances are involved, you are a property owner, or the creditor knows where you work and you have high unsecured debt, (usually credit card debt), may be playing with fire, utilizing these debt consolidation, aka debt settlement companies What if a creditor learns where your debt settle savings account is, obtains judgment and liens the debt settle savings account? Learn the law, it is not that hard, these companies can do more harm than good, and there are but a few of them run by attorneys taking fees off the back end after services provided with an attorney in all fifty states, that can be of any assistance. These companies are controversial. I urge consumers to join consumer watchdog groups, consumer sites, www.ripoffreport.com is a great provider of information, and can keep you up to date on what is going on with all sorts of consumer news and info. Bankruptcy may be a viable alternative.
Anyone laying out allot of money, to ruin their credit, and possibly get sued, especially if big balances are involved, you are a property owner, or the creditor knows where you work and you have high unsecured debt, (usually credit card debt), may be playing with fire, utilizing these debt consolidation, aka debt settlement companies What if a creditor learns where your debt settle savings account is, obtains judgment and liens the debt settle savings account? Learn the law, it is not that hard, these companies can do more harm than good, and there are but a few of them run by attorneys taking fees off the back end after services provided with an attorney in all fifty states, that can be of any assistance. These companies are controversial. I urge consumers to join consumer watchdog groups, consumer sites, www.ripoffreport.com is a great provider of information, and can keep you up to date on what is going on with all sorts of consumer news and info. Bankruptcy may be a viable alternative.
Ok time is running out. Collection agencies are calling, debt settlement companies are calling, even credit counseling companies are calling (credit counseling may be the best option learn why), but the calls have to stop. The average consumer has to make a decision which programs fit. The author is here to help. If you prefer, e mail me at counselor@answersfordebt.com, and arrangements can be made for me to e mail the booklet to you in adobe format. I will answer one question free with purchase, and arrangements can be made for further questions to be answered by phone, or e mail. The only thing is to educate oneself on how to stop the calls, and decide on a strategy for handling debt. Counseling, or bankruptcy, make educated comparisons.
Time is your most valuable asset. How you use it is most important. Please educate yourself one way or the other, if not with my book, check the links provided.