How much credit card debt do you have? $5,000 – $10,000 – $25,000 – $50,000 or maybe $100,000 or more? That is what I would call drowning in debt. It can seem like there is very little you can do to escape from it. You are barely making the minimum payments as it is. Your budget is already stretched thin, you are eating spaghetti and ramen noodles 2 to 3 times a week to save money. You have cut back your entertainment expenses as much as possible. You wait until the last possible day to send off the utility and water bill payments.
Drowning in debt can cause you to worry about creditors calling you at home and at work at all hours of the day. It can have you depressed because you cannot pay your bills. It can affect your relationships with your spouse and kids. It can cause you to be more irritable during the day.
But you already know this right? You’ve been going through some of these feelings and emotions lately and you would like it to stop. You need some debt relief and you need it fast.
The FTC has stepped in and made it easier for consumers like you to get much needed credit card debt relief without worrying about getting scammed by a fly-by-night debt relief company.
The FTC has ordered the debt settlement and debt negotiation companies to stop charging upfront fees for their services. This helps you get started getting debt relief without having to worry about paying more money to a debt relief company to get started.
When you are drowning in debt, bankruptcy may seem like your only option. But you should know that most people do not successfully complete a bankruptcy repayment plan. And they still have to suffer the effects on their credit scores for 7 to 10 years.
But that does not mean debt settlement and debt negotiation are for everyone either. It may not be for you. But you owe it to yourself and your family to get more information before you dismiss it completely. You can get a free debt settlement quote and get the information and then decide if you want to try it.
You may decide you can do it yourself and there is nothing wrong with that. You can usually save more money doing it this way. But it takes a lot of time and work to make it happen. A luxury many people do not have.
But if you want to get some much needed debt relief with your credit cards, unsecured loans, personal loans, lines of credit, medical bills, collections, repossessions or business debts you have nothing to lose by getting a free debt analysis from a leader in debt relief. They can explain all your options when you are drowning in debt.