Your Options

Debt Settlement

Debt settlement, or debt negotiation, involves a personalized plan that effectively enables a debt settlement negotiator to negotiate a compromise with creditors to settle unsecured debts. Once the creditor and debt settlement negotiator agree on a reduced balance, it will be settled for less than the full amount owed. Debt settlement has become a viable alternative for thousands of consumers across the country and is a viable alternative to bankruptcy.

If you stop making payments to creditors, balances continue to grow because of late fees and ongoing interest. A debt settlement negotiator can reach a compromise with the debt creditor on the new balance to reduce your overall unsecured debt amount.

In addition to the debt settlement service we provide, here are other options you may consider regarding your debt:

Credit Counseling

This strategy typically takes 5-6 years to complete and the payments are probably about the same as your minimum monthly payments now. Call a Credit Counseling company to get complete details.

Bankruptcy

Since the passage of the new bankruptcy laws – eliminating your debt is not as easy as it once was and it typically stays on your credit report for 10 years. Many people do not want the stigma associated with bankruptcy and don't want to have to live under court supervision.

A "Consolidation" Loan

Borrowing money to pay off your debts and consolidate your bills into one monthly payment may not be an option if you are already maxed out on your credit cards or behind on your monthly payments.

A Home Equity Loan

This loan is similar to a consolidation loan. However, many financial advisors would suggest you do not use secured debt to pay unsecured debt – especially your home because you could lose it.

In order for us to be successful, we realize you have to be successful. We've found the following Client Success Principles will serve you well in our program:

Be Informed

To be a successful client, you need to understand all aspects of your debt settlement program and make sure the program is right for you.

Spend Less Than You Make

No debt settlement program will work unless you are able to save money – that means you have to spend less than you make. We can't settle your debt unless you accumulate funds.

Have Patience And Perseverance

It takes time to settle your debt, you have to be focused on the long term relief you will get by staying focused on the end goal – financial freedom. It won't be easy – so be patient and persevere.