For many Americans, a solid Debt Relief strategy is the critical component to surviving in today’s economy. Debt relief, and ultimate debt elimination, allows them the much needed ability to redirect cash flow towards the essentials in life.
Finding a reputable debt relief company is a paramount first step. The La Jolla Debt Relief guide will help you understand whether debt relief, through Debt Settlement, is right for you by helping you ask the important questions before choosing a debt settlement company in La Jolla and the surrounding San Diego areas.
What is Debt Relief?
Debt Relief (also known as debt settlement, debt negotiation, debt reduction and debt elimination) is a viable option for consumers who are overburdened with high interest credit cards, along with other unsecured debts, and are looking for a professional, proven method to:
Lower monthly payments right away! (Half of the current minimum monthly payment on balances is the average reduction)
In a fraction of the time, completely eliminate balances owed! (In the current economy, hundreds of thousands of families choose to make only the monthly minimum payment. $ 30,000 is the average consumer debt and the decision to only pay the minimum allows debt to grow to $ 112,000, and increases the pay off time to over 59 years)
24-48 months is the average payoff time to becoming debt free by choosing debt relief through debt settlement.
How do I know if I am eligible for Debt Relief through Debt Settlement?
First and foremost you must have an existing hardship in order to obtain debt relief.
If your current financial statements show enough income to pay all of your obligations and still leave you with extra income at the end of the month you will not qualify even if you are dissatisfied with high interest rates.
However, when taking everything in to account, there are many valid reasons and extenuating circumstances that do qualify families and individuals for hardship status and acceptance into a debt relief and debt settlement program, such as:
1. Reduction in income
2. Increase in expenses
3. Getting a divorce
4. Becoming unemployed
5. Money management problems
6. Psychiatric issues/Gambling addiction
In these challenging economic times, many people are experiencing hardships. Debt settlement may be the answer to the debt relief you are seeking.
How to Pick a Reputable Debt Relief Company?
By asking a few simple questions you can make sure you are working with the right debt relief company.
1. Are they registered with the BBB?
2. Is the company a member of the International Association of Professional Debt Arbitrators?
3. Is the company audited annually by a standards and management firm such as BSI?
When Should I Start?
To understand the criteria and to determine if debt relief is the answer for you, you will need to consult with a debt settlement expert.
A debt settlement expert can determine if you qualify in an initial phone call. Providing all your outstanding balances at the time of the call, you will told what your new monthly payment will be and the experts recommended program for you. All programs are based on supplied balances and exact, final numbers depend on accurate and timely information of all unsecured balances owed.
To establish immediate debt relief and total debt elimination, one free, yet incredibly important call can be the critical key to obtaining the help you need.
Secure your financial future today and call a debt relief expert!
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