For Credit Card Debt Elimination, You Can Use A Debt Reduction/Negotiation

For Credit Card Debt Elimination, You Can Use A Debt Reduction/Negotiation

It is a good option to use a debt reduction or debt elimination company to eliminate your credit card debt.

The methods that these companies uses provides you with greater savings than traditional non profit debt consolidation programs.

This is because instead of negotiating only interest rates, the company negotiates reductions in the balances owed.

It is not uncommon for small businesses or consumers to save a lot of money on their debts. And, most people who enter this program are free from their debts within a relatively short period of time.

If you feel that this program may help you, we recommend that you get a free and confidential debt elimination plan.

Thinking About Filing Chapter 11 Business Bankruptcy?

Thinking About Filing Chapter 11 Business Bankruptcy?
 
We recommend that you get free commercial debt consolidation advice to restructure your company's business debts. 

Federal bankruptcy laws govern how companies go out of business or recover from crippling debt. A bankrupt company, the "debtor," might use Chapter 11 of the Bankruptcy Code to "reorganize" its business and try to become profitable again. Management continues to run the day-to-day business operations but all significant business decisions must be approved by a bankruptcy court. 

Under Chapter 7, the company stops all operations and goes completely out of business. A trustee is appointed to "liquidate" (sell) the company's assets and the money is used to pay off the debt, which may include debts to creditors and investors. 

In the commercial debt counseling program, you are in control. Your assets such as inventory, bank accounts, and equipment are protected from day one.  

You decide how much you can afford on a monthly basis to put toward your creditors instead of a court-appointed trustee. 

Creditors are prioritized and critical suppliers are kept providing the materials that you need to keep your doors open and payments and reductions are negotiated with the others. 

We recommend that you get a free and expert commercial debt counseling to restructure your company's business debts.

FREE Debt Reduction Plan

Debt negotiation is being used by thousands of people like you to honorably pay back an agreed-to, reduced amount to creditors. Debt negotiation is designed to help you with your debts in a shorter period of time than consumer credit counseling plans or just making minimum payments.

You can get a no-obligation FREE Custom Debt Reduction Plan from CuraDebt so you can find out how debt negotiation could help with a debt solution! Get A FREE Debt Reduction Plan

Debt Consolidation, Debt Negotiation, or Debt Settlement Help? 

Get a free, no-obligation evaluation from a consumer recommended company, CuraDebt.
CuraDebt is a proud member of the Chamber of Commerce, RatePoint, D&B, TASC, IAPDA and has been rated as the #1 Debt Relief Company in the USA for 2 years running. See details on the website.

Simple Ways to Save Money and Pay Off your Debts

Paying off your debts is incredibly challenging, especially now that we are living in a world that is getting increasingly expensive. The cost of living is rising quickly and we don’t seem to be making more money, so how can we possibly be expected to pay off our debts? Short of getting a new job that pays more, which is much easier said than done, is there any way we can change our everyday lives to create more money for ourselves to put towards our debts? There is.

It all starts with making simple, small changes to our lives to free up a dollar here, or a dollar there. These dollars will add up, and you can start to pay off your debts a bit faster. Once you get into a routine of saving money, it will become easier for you and this way of life will help you live debt free well into the future.

Below are a few simple ways that you can save a few dollars every day to put towards your debts.

- Making your own food. This is the biggest and easiest ways for you to change one aspect of your life and have it greatly affect your finances. While it may not seem like much, but eating out for one or two meals a day adds up incredibly fast, and you could be spending hundreds of extra dollars each day just feeding yourself. 

By buying groceries and making meals at home, not only are you taking a healthier route but you are also saving money. You can take your leftovers for lunch as well, saving your more money! You can easily get into a routine of making your own meals and you would not believe how much money this actually saves you.

- Make a budget. A lot of people overlook the simple task of making a budget but you would be surprised with what you learn when everything is down on paper. When you write down all your monthly expenses, you can easily see what you are spending a lot on. Sometimes, what seems like a little, is really a lot and once you can see for yourself, you can start to make a plan as to how to decrease spending in a specific area.

- Organize your house and sell things you don’t need. You would be surprised as to how much stuff you are holding that you aren’t using. As they say, one man’s junk is another man’s treasure. Take a day to go through your house and be brutally honest about what you need and what you don’t, and you should be finding quite a few things that you are able to sell either online, through a local forum or even at a garage sale! You will also get the added bonus of the feeling of reducing clutter in your house – what a relief!

These are just a few ways that you can simply and easily reduce your debt by decreasing your spending in other areas of your life. If you are even more serious about finding new ways to pay off your debt, consider talking to a debt specialist and they can take a look at your situation and give you their ideas on what you can be doing to improve the financial aspects of your life. Money Mart

How can a debt relief company help

In today’s society where buy now and pay later seems to be the way to go, you can become trapped under a pile debt and soon find out that you are overextended. A heap of unmanageable debt is staring you in the face and you are on the verge of bankruptcy.

Debt is commonplace in the world today. Usually caused by the over use of credit cards, it’s too easy to fall into the trap of not being able to make ends meet. Before you know it, you can owe money to everyone and can barely remember what bill to pay first. Skipping payments and collection calls soon become the norm. It’s important to get a grip on your finances, seek relief from overwhelming debt and breathe again.

A debt relief service can help with some of the burden. You are still required to pay the debts you owe, debt relief management can simplify the process by making one payment a month, and lowering the interest rate. Debt settlement is another option. The debt relief company will contact your creditors, negotiate on your behalf for repayment of your debts and come to an equitable agreement for both parties.

Debt relief services charge a monthly fee to service your account. You should know that the cost of the service varies taking in the total amount of the debt, the number of creditors involved and the laws of the state in which you reside. The laws in each state can be different. Debt settlements are unique to each participant and the debt management company will tailor a repayment program to your own situation.

It is important not to fall back into debt after completing debt consolidation. Credit counseling may be necessary to make sure you are on the right path. Counseling and other tools are provided to help you maintain your financial health. Counselors are available to keep you on the right path.

When you have had enough and are begin searching for a debt relief company, be sure to do your homework. There are some excellent debt management companies, but there are some that do not do what they promise. Research the companies and compare the services that they provide. It is advisable to check if they are registered with the better business bureau and to read reviews from customers. Debt relief can help you become financially healthy again.

Consumer Credit Card Debt Relief Scams! Are They Real?

 

There are many companies that can help consumers with credit card debt relief. However, if you need to use one of these companies it is very important to make sure that they are who they claim and are properly licensed with no unresolved complaints against them. It is very important to do your due diligence with companies such as this simply because of the huge numbers of scam artists in this industry.

For example, you may call or be called by a credit card debt relief company. If they ask for money upfront, this a sure sign that they are a scam and you should not do business with them. A large number of credit card debt relief scams target people with their services and do not do anything for the customer at all and of the scams, they usually collect their fees upfront.

This often leaves customers worse off than they were to begin with regardless of whether or not the customer paid them anything upfront because precious time and possibly money that could have been better utilized by the customer has been wasted. Some will make wild claims to customers that the company simply cannot live up to but those who find themselves in desperate situations may believe scam companies.

Consumers seeking credit card debt relief can avoid scams by checking the company out thoroughly and making sure there are no upfront fees. Non-profit companies are a very good choice but it’s a good idea to check them out as well. A thorough check could include checking with your state’s attorney general on the phone or online and asking for referrals from trusted friends or family.

Ask questions of the company such as how long they’ve been in business, how many people they have helped get out of credit card debt, and how they get paid. Remember that legitimate credit card relief companies do not take money upfront, they are often paid through your repayments.

It is important to take BBB reviews and information with a grain of salt as it is not uncommon for fraudulent companies to use alias names with customers and give the BBB a completely different company name. When customers complain, the BBB never picks up the complaints because the customers were given a fake name and not the actual company name. This happens across all industries and credit card debt relief scam companies are unfortunately no different. Learn from more than 166000 people how hey got out of debt?

Debt Resolution For Credit Card Debt Relief! Can it Help?

If you have a large amount of credit card debt and are looking to resolve some of it there are many programs out there that say they can help. However, the question is whether they actually can. In many cases yes these debt resolution programs can reduce your monthly payments by a considerable amount and they probably will save you some money in the long run as well. These amounts they save you will not be the large numbers that they advertise but they will definitely help take a small chunk out of some of the debt.

Debt resolution involves a company talking to your creditors in order to settle your debt into one lump sum. The more debt and creditors you have the harder it will be to get a better rate, but with their negotiating skills they can definitely be a help. Once it is in a lump sum they will ask you to pay a minimum fee every month in order to diminish the debt slowly. 

There will still be an interest rate but it will not be higher than the ones you were already paying on your credit cards. The companies that offer these debt resolution programs will also tell you to stop paying your other creditors their monthly fee. This way all the money can go towards the lump sum.

Using a company to settle your debt also has its risks as well. Some of them will require you to deposit money into a savings account for up to 48 months before they will settle any of your debts. Many clients drop out because they cannot make the payments and therefor lose all the benefits of this program and even more. 

Another reason is that the creditors that you have signed a contract with have no obligation to talk to and negotiate with a debt resolution company. Most of them will if they think it is the only way they will get paid though. Using debt resolution can also negatively impact your credit score as well due to the stoppage of monthly payments and the restructuring of the interest rate.

Debt resolution is only a good idea for those who are in dire need of debt relief and it may negatively impact those who aren’t. Make sure to follow the contract deadlines and remember to not get into debt the next time!