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Sunday, 20-Nov-2011 06:36 Email | Share | | Bookmark
Debt Settlement Solutions

 

Debt Settlement Solutions Are a Risky Way to Eliminate Unsecured Debt
For many Americans trying to eliminate their unsecured debt, there is a lot of confusion about what options are available to them. And many people get confused by the terms and don’t understand the differences between debt settlement solutions, debt consolidation, debt management and debt elimination and how they can help you eliminate unsecured debt.

Debt settlement solutions can help you reduce the amount of unsecured credit card debt that you own as well as significantly reduce how much your monthly payments are. You can also get debt relief using debt settlement solutions in the form of the reduction or complete elimination of additional charges and fees. Debt settlement solutions can help people eliminate unsecured debt in a fraction of the time it would take by simply making payments on high interest credit cards.

Debt settlement solutions do come with significant risks, however. When negotiating debt settlement, you will continue to receive harassing calls from creditors. Since the program requires that you not make any payments until you are finished negotiating a debt settlement, your accounts will be reported as being delinquent and you will have a very negative impact on your credit score (though not as bad as bankruptcy would be). Since you are not making any payments, you also have a risk of being sued by your creditors while you are in the process of negotiating debt settlement. Despite all these risks, people still use debt settlement solutions as a viable way of negotiating credit card debt and helping to pay off their debt in a faster manner than debt consolidation or debt management would be able to provide.

What many people don’t know is that there is a way you could become debt free and does not put you at risk of being sued by your creditors and will not have a negative impact on your credit score. This is what is known as a debt elimination program, and it cannot only save you thousands of dollars, but it will completely eliminate credit debt overnight!

Debt elimination programs have helped people completely erase over $50 million in debt over the last three years. When you use debt elimination programs as a way to eliminate unsecured debt, you never have to make another payment again. Overnight, your debt becomes truly and legally eliminated thanks to a loophole in credit card debt law.

Do you really want to have to worry about lawsuits and inflicting severe damage to your credit score, or would you rather just wake up and have your debt erased as if it was never there? If you need to eliminate your debt and not simply manage it, consider debt elimination as the viable and legal choice. Visit credit card debt settlement for more info, or call 561-282-9476 for more information.


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