Get Out Of Debt Fast - Finding Alternatives To Get Rid Of Credit Card Debt Without Bankruptcy
I am going to assume that you are reading this because you are pretty overwhelmed by the amount of money that you owe on your credit cards, correct? Listen, I know very well how stressful life can be when you are trying to pay for every day expenses, provide for your family and also keep up with your credit card obligations.
I know that a lot of people rack up their credit cards because of undisciplined spending habits, but the sad thing is that most of today's bankruptcies are related to medical expenses, loss of jobs or some other situation unrelated to poor spending.
Look, if you owe $10,000 or more on your credit cards, it is safe to assume that you are already getting calls from creditors threatening you to come and get everything you own, to sue you and create lots of other problems for you.
My advice is to stop pretending that there is nothing wrong and to actually do something.
Credit collectors are ruthless and they will have no hesitation leaving you and your family on the street, with a pile of legal fees to pay when they sue you.
If you are in this situation, before you consider ruining your credit for the next 10 years by filing bankruptcy, you should consider talking with a debt consolidation service.
These guys will negotiate on your behalf with banks and bill collectors and reach a repayment plan.
It is not uncommon for them to find a way to reduce the amount of money you owe by as much as 50% and they will negotiate payment installments that are easy for you to afford and be out of debt in 12 to 36 months, depending on your individual situation.
I know that a lot of people rack up their credit cards because of undisciplined spending habits, but the sad thing is that most of today's bankruptcies are related to medical expenses, loss of jobs or some other situation unrelated to poor spending.
Look, if you owe $10,000 or more on your credit cards, it is safe to assume that you are already getting calls from creditors threatening you to come and get everything you own, to sue you and create lots of other problems for you.
My advice is to stop pretending that there is nothing wrong and to actually do something.
Credit collectors are ruthless and they will have no hesitation leaving you and your family on the street, with a pile of legal fees to pay when they sue you.
If you are in this situation, before you consider ruining your credit for the next 10 years by filing bankruptcy, you should consider talking with a debt consolidation service.
These guys will negotiate on your behalf with banks and bill collectors and reach a repayment plan.
It is not uncommon for them to find a way to reduce the amount of money you owe by as much as 50% and they will negotiate payment installments that are easy for you to afford and be out of debt in 12 to 36 months, depending on your individual situation.