Debt Consolidation

Your debt is our problem !
 
  Credit Card Debt
  Divorce
  Overextension of Credit
  Loss of Job
  Poor Money Management
  Illness
  Business Debt
  Income Reduction
  Gambling, etc.
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LindaW.,Wisconsin: "Before, it was so stressful. I had to go to work and put on a smile...because I knew I had to do my job. I didn't want to get fired and lose my job, and now I can go in happy to work and be happy at home."

Richard J., Texas: "The counselors that talked to me are friendly. Everyone that works at <%=UsrCompany%> every time I called has always helped me - they have always been there, letting me know whatever I needed to know ...[they] are very skilled at what they're doing, and that means alot."
Frequently Asked Questions
Why would my creditors accept less money to pay off the debt?
What is the difference between debt reduction and debt consolidation?
What type of debts can I put into your program?
How will the debt reduction program affect my credit report?
How does the debt reduction program work?
What is the difference between bankruptcy and debt reduction?
Must I close the credit card accounts that I give you for reduction?
Do I have to give you all my credit card accounts?
Why would my creditors accept less money to pay off the debt?
Since the directors of our organization have dealt with major lenders for the past 28 years, creditors have come to realize that we fulfill negotiated settlements within the time frame stipulated in the settlement agreement. They also realize it will benefit them to settle the account rather then not get paid at all. [Top of Page]
What is the difference between debt reduction and debt consolidation?
The major difference is the savings to you. In other words, Consumer counselors mainly get some reduction in interest only. It can take as long as 6 to 9 years to pay off your debt, and you are paying off your debt dollar for dollar. Our debt reduction program gets your actual debt balances reduced by 60% to 70% on average, and the time frame to get you out of debt can be as little as 9-18 months depending on your budget. For example, if your debt amount is $25,000 we will get it reduced on average to $10,000. [Top of Page]
What type of debts can I put into your program?
We work with most unsecured debts, such as credit cards, personal loans, department stores, etc. We do not work with secured loans such as car loans, boat loans etc. [Top of Page]
How will the debt reduction program affect my credit report?
Most people that enter our debt reduction program are deep in debt. As we settle your debts your credit report income to expense ratio will substantially improve. Your credit report will also show creditors that you did the right thing by paying off your debts, rather than filing a bankruptcy. [Top of Page]
How does the debt reduction program work?
A professional financial consultant from our staff will review your application. The credit card debt consultant will contact you and discuss your financial situation. Your income and expenses will be analyzed and we will suggest the most affordable payment plan based on your budget. You will be informed of your monthly payment and targeted time frame to resolve your debts. You will receive written confirmation of the achieved creditor settlements. Upon enrollment into our debt reduction program, we notify your creditors that you retained our organization to resolve your debts. In addition, the creditors are told that all future communications should be directed to our office. This debt consolidation solution helps to stop creditor harassment. Our main goal is to get you out of debt as quick as possible, while saving you as much money as possible, and we will! [Top of Page]
What is the difference between bankruptcy and debt reduction?
A chapter 7 bankruptcy alerts creditors that your past debts were not paid. Our debt reduction program alerts creditors that you did the right thing by paying off your debts. You also improve your income to debt management program ratio. Bankruptcy stays on your credit report for 10 years. [Top of Page]
Must I close the credit card accounts that I give you for reduction?
Yes, the credit card accounts we will be working with for reduction must be closed.. Because, it is very debt help difficult or almost impossible for us to get settlements from creditors if you keep charging to the accounts. [Top of Page]
Do I have to give you all my credit card accounts?
No, it is not necessary to give us all your credit account accounts. We usually suggest that debt consolidation solution you keep at least one credit card that has the lowest balance and interest rate for emergency purposes. [Top of Page]
 
 
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Debt Consolidation


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