No one likes to experience money troubles. Credit card
and other types of debt can add up quickly, and place
a stranglehold on your financial future. If you are
seriously in debt, it can hang over you like a dark
cloud. But if you're more than six months delinquent,
have debts you just can't pay, or are considering declaring
bankruptcy, you may want to consider debt settlement
as an alternative.
counseling services offer a debt settlement program.
You enter in your information, and they take it from
there, negotiating with your creditors to settle your
debts for pennies on the dollar. After all, your creditors
would prefer to receive, for example, 50 percent of
their money rather than zero percent.
If your debts are seriously overdue, creditors can
be surprisingly flexible. Using a professional service
to negotiate for you can give you an advantage--they
have the experience needed to reduce your bills as much
as possible. Many services can cut your debt by as much
as 40 to 70 percent. That means you may be able to get
out of debt in three years, rather than ten.
Settle Your Debts for a Brighter Future
Once your debts are settled, you can look forward to
a future without constant calls from collection agencies.
You don't have to stay up nights worried that you will
never have the money to buy a house or save for the
future. Debt settlement can give you years of your life
back, and save you hundreds--even thousands--of dollars
in the long run.