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Credit Card Debt Advice

 

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You may be asking if there are certain individuals who do not successfully complete a debt settlement program, and again, the answer is yes. But, as with all things, there are no guarantees

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and debt settlement
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isn't necessarily the right option for everyone. Well, this simply did not work out; you see, as months passed Jeannine and Cary realized that their goals were not being reached, thus
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resulting in their decision to file for bankruptcy. The answer is yes, if you're a good candidate for debt settlement. She finally gave up and discontinued paying her credit card bills for nearly two years before finally calling my office.

Fortunately, Durward and Elmer had family

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members who agreed to assist them, allowing my clients to
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settle their credit card debt for a total of just $85,930.79, resulting in a savings of over $100,000. Debt Settlement Success Stories Some people
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wonder if debt settlement can really work for those who are struggling to pay their bills. Mick and Charles, a married couple residing in California,
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contacted my office with total debt owing their various creditors, in the amount of $191.006. A married couple, Mollie and Mike, contacted me when their accounts were approximately
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90 days delinquent, owing a total of $165,465.
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If you're unable to do this you may end up like the following former client. Unfortunately, my clients did not foresee what the future was to hold for them; job layoffs and a
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tremendous amount of money lost in the stock market.

You see, in order to eliminate your debt through debt settlement you will need to have access to a portion of the money o to your creditors;

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this may come through loans from family members or friends, a home equity line of credit, a 401K or simply setting aside a certain amount of money each month, as our client, Nydia did. Below are examples of some of the people I've helped to achieve freedom from their debt through debt settlement. Despite their
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delinquency, Rafa and Nathanial were optimistic that they would be able to grow their photography
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business, and set aside $1,500 - $2,000 per month to go toward their credit card accounts, ultimately settling the accounts for approximately $0.40 on the dollar within approximately 18-24 months. If you'd
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like to learn more about the process of credit card debt settlement it's important to research the topic very carefully, as there is much misinformation relating to debt settlement. After being in our
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program for nearly 12 months, Trixie is now completely
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free from her debt, having paid a total of just $17,148.95 to all of her creditors to settle her account balances in
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full.

Carolyn, who is a 43 year old attorney, was struggling to pay her bills after

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a very messy divorce and a subsequent move across the country. Fortunately, the majority of our clients are successful and do not find it necessary to file for bankruptcy. These are two examples
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of very different situations, but as you can see, both of these clients successfully resolved their debt through the debt settlement process. When she placed the phone call to me she indicated that she would be able to set aside approximately $2,500 per month to go toward her total outstanding balances of just over $52,000.

As you can see, it's important to set realistic goals to eliminate your debt through debt settlement.

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