Who Qualifies for Debt Settlement

How Do I Know If I Qualify For Debt Settlement

Debt settlement is an aggressive bankruptcy alternative strategy for getting out of debt in a short period of time – generally 12 to 36 months at most. Debt settlement can be a powerful way to become debt free while only paying
40% - 60% of what you actually owe. However, debt settlement is a serious commitment and is not for everyone. Generally, those who qualify for this form of debt relief are already experiencing several of the following issues.
Do you count yourself among them?

Do you have serious difficulty meeting minimum monthly payments?

Are your credit card balances that are getting close to the limit or are already there?

Do you receive a constant stream of collection notices and phone calls at home, at work, or on the weekends?

Are you experiencing negative cash flow (where your expenses are larger than your income month after month)?

Have you seriously considered of bankruptcy, but have a strong desire for a bankruptcy alternative?

A “yes” to any of these questions is a good reason to give one of our trained debt settlement negotiators a call today for a free debt relief consultation.

Additional Reasons People Use Debt Settlement Programs

Each of the questions above is a red flag alerting you to a need to find a debt relief solution that is appropriate for you. You may already recognize these warning signs in your financial picture, or you may be beginning to experience what comes next:

• Are you using credit cards to meet monthly expenses, spiraling further into debt as time goes by?
  
  
• Are you doing everything you can to make your monthly payments, only to fall short?
  
  
• Are you skipping payments (or defaulting altogether) on any of your credit card accounts?
  
  
• Are you faced with a life event (job loss, illness), that has suddenly put you in a painful financial position

Again, a “yes” to any of these questions is a clear sign you need to get on the phone with one of our professional debt settlement experts before your financial situation gets worse. The longer you delay in taking action to improve your financial position, the more likely you are to be left without a bankruptcy alternative

.Bad credit happens to good people, and even financially responsible people can find themselves in a hardship situation where they cannot make their monthly payments and require some form of debt relief. Talk to one of our debt relief experts today and allow them to review your financial situation and give you the guidance you need to improve it.

Debt settlement isn’t for everyone, but it may be the bankruptcy alternative you need to get out of debt and live life on your terms again. Call us today and discover whether debt settlement is right for you.