Debt Settlement Blog

Our clients are comprised of people of all occupations.  We have civil service clients, accountants, professional athletes and even financial planners that get paid to help others manage finances.  For one reason or another they may be able to make a plan and tell some one to stick to it but lack the ability to remain diligent and stick to their own plan for retirement.

With personal savings at an all time low having a plan to live debt free at retirement is very important.  You may have a percentage of your income going towards your 401k or other savings plan but you will need to take into account that you will need your expenses to be very low in order to live on your retirement savings.  As an example if you are receiving a pension of $2,000 per month when you retire and your bills amount to $3,000 then you will need to supplement that income to keep the lights on.  This is where the personal savings will come into play.  You can use that money that you set aside every month to help you with the bills and other medical expenses.

When you retire after 25-30 years of mortgage payments you will own your house.  This is great because you no longer have the mortgage as a monthly expense.  If you have credit card debt though it can be a very precarious situation.  Even 30-40k in credit card bills can cost you $1,000 + dollars per month.  Debt settlement can be an effective way to reduce your debts so that at retirement age your hard earned savings can be used to enjoy life as opposed to paying your debts.

Free consultation by calling 1-866-791-2455.

Our debt settlement program helps people that have amassed to much credit card debt and lower monthly payments.  Credit card debt settlement can reduce your debt by 40-60% and have you debt free in 12-36 months or less.  Our programs are custom fit to suit your needs and have you debt free faster than most other debt settlement companies.  We are able to achieve lower settlements for our clients than the average debt settlement company because of our commitment to relationship building with the creditor and our fee structure on our client accounts.  Our fees are stretched out over the duration of the program allowing you to pay off debt sooner than later.  For a free analysis call 1-866-791-2455.

The real estate market in the last 6-8 years has performed well beyond expectations. With house values on the rise this offered freedom to home owners that were looking to use equity to finance purchases, home improvements or even pay down credit card debts. For those that used their equity wisely the benefits are paying off. However for most homeowners it may have been the first step into a financial hardship and many are looking to avoid bankruptcy.

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When faced with unexpected expenses many credit card holders use the cards as a crutch to get through hard times. Many consumers have credit card debts in excess of $20,000 costing them over $650 dollars a month. These payments are then topped off with the interest built in so that they can take up to 30 years to pay off. Most often the money was borrowed to be paid back within a few months. (more…)

Your Debt Elimination Options

When you’re drowning in credit card debt or other unsecured debts, there are really only five debt elimination methods to choose from. Let’s review each debt solution in detail so you have a better understanding of the options available to you:

1. Ignore the Problem and Hope Things Get Better
2. Debt Consolidation
3. Debt Consolidation
4. Bankruptcy
5. Debt Settlement

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For many the issue of credit card debt can quickly overwhelm a household budget and create unwanted stress and anxiety. When you are at the store or the gas pump and you look in your wallet you make a decision at that point based upon your finances as to what piece of plastic will fund that transaction. If you have the money in your checking account most looking to keep balances on credit cards low will resort to a debit as opposed to using a credit card for that transaction.

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