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Debt Relief |
DebtReliefcom | Debt Relief.com | wwwdebtrelief
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Debt relief is the partial or total
forgiveness of debt
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Is
your debt spiraling out of control? At
debtreliefoptions.org, we can help you stop harassing creditor
calls, avoid bankruptcy and rebuild your credit. Choose from a selective
listing of established debt relief companies.
CLICK HERE |
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 DebtRelief
Personal debt has become an
increasingly large problem in recent years. For instance, it is
estimated that the average US household has $19,000 in non-mortgage
debt. With such large debt loads, many individuals have difficulty
making repayments on debts and are in need of help.
There are many companies who offer debt consolidation services.
However, such services may not always be in the best interests of the
person involved and may involve taking out a loan secured on a person's
home. Marketing materials are designed to persuade customers to take up
the company's offer rather than offering a personal best solution for
reducing debt.
Where debt has become a problem, it is
often best to turn to an independent consumer's association for advice
before calling debt consolidation companies as they often have
great experience with such problems and may be able to advise the most
effective avenues for debt relief. |
Turning to a business that offers help in
solving debt problems may seem like a reasonable solution when your
bills become unmanageable. Be cautious. Before you do business with any
debt relief company, check it out with your local consumer
protection agency or the Better Business Bureau in the company's
location.
Ads Promising Debt Relief
May Really Be Offering Bankruptcy
Consumer debt is at an all-time high.
What's more, a record number of consumers - more than 1.6 million in
2003 - are filing for bankruptcy. Whether your debt dilemma is the
result of an illness, unemployment, or overspending, it can seem
overwhelming. In your effort to get solvent, be on the alert for
advertisements that offer seemingly quick fixes. And read between the
lines when faced with ads in newspapers, magazines, or even telephone
directories that say: |
"Consolidate your bills into one monthly
payment without borrowing"
"STOP credit harassment, foreclosures,
repossessions, tax levies and garnishments"
"Keep Your Property"
"Wipe out your debts! Consolidate your bills! How?
By using the protection and assistance provided by federal law. For
once, let the law work for you!"
While the ads pitch the promise of debt relief, they rarely say relief
may be spelled b-a-n-k-r-u-p-t-c-y. And although bankruptcy is one
option to deal with financial problems, it's generally considered the
option of last resort. The reason: it has a long-term negative impact on
your creditworthiness. A bankruptcy stays on your credit report for 10
years, and can hinder your ability to get credit, a job, insurance, or
even a place to live. What's more, it can cost you attorneys' fees.
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Debt Relief |
DebtReliefcom | Debt Relief.com | wwwdebtrelief
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