Chapter 13 Bankruptcy Fails 67% Of The Time!

Hello-

I just finished reading an excellent blog post on the Zipdebt blog about the various success rates of the popular Debt Cures: bankruptcy, credit counseling, using a debt settlement company and negotiating your own debts. The most surprising results were that using a debt settlement company fails over 66% of the time, using credit counseling fails 75% of the time, and bankruptcy fails 67% of the time!

What does work?

Do it yourself debt settlement.

“With the ZipDebt program, within the 6-12 month coaching period, 71% of clients report full success with the program, 78% or more report being at least halfway done with their settlements, and 94% report at least one settlement.”

No other debt settlement program can claim such high success rates.

You can settle your bad credit card debts for 33.4% on average, compare that to 40% to 60% the debt settlement firms advertise.

So if you are experiencing high credit card debts and you are struggling to get by, you owe it to yourself to learn more about settling your own credit card debts. It’s the cheapest option and the one most likely to succeed.

It worked for me to the tune of $43,250 settled for $13,054 on 3 credit cards and reduced a 4th balance from $10,160 to $7778 with a 1% APR interest rate for 5 years.

This is the best Debt Cure I have found and it can work for you.

Let me know if you have any questions or comments below.

Thank you,

Adam

Debt Cures Reviews

How To Get Rid Of High Credit Card Debt Payments

You struggle each and every day at work to earn money and for what? So you can make enough for your minimum payment just to turn around and send it off to your credit card companies? And then you get your statement the next month and see that all that hard work of yours only lowered the balance by a few dollars. The rest all went to interest charges and fees.

How are ever supposed to get anywhere in life if you live from paycheck to paycheck and struggle to keep up with your credit card payments who do not cut you a break when you need it most?

How would you like to get rid of your high credit card debt payments and get your balances down to zero? When was the last time your credit card statement showed $0.00 for the balance? Maybe only the first month you opened the account.

You are not alone in your struggle. It’s not something people like to talk about. Your friends and family do not want you to know they are having financial problems just like you. They want you to think everything is OK when it’s not.

People will share just about everything on Facebook and Twitter these days but they will fiercely deny they are struggling to make ends meet and keep up with their high credit card bills. Or even talk about it for that matter.

And this is what the credit card companies want. They don’t want more people knowing that there are legal ways you can slash your balances in a very short period of time. How short? How about less than 6 months.

In less than 6 month’s time you could have more breathing room and actually have some money left in your account at the end of the month for a change.

And this has nothing to do with bankruptcy or debt consolidation.

It only takes a few short hours to learn these “secrets” and you can be on your way to eliminating most of your balances and being free from credit card debt once and for all.

How would you like to be able to slash your monthly payments from $1200 to under $400?  Would an extra $800 a month make a difference in your life? This is an example of what you can achieve. That would be life changing money for most people. Depending on how much you owe, you can cut your monthly credit card payments by at least half.

It’s hard to go back to school to learn a new skill or start a new business when you are saddled with so many other pressing obligations. It’s not fair that you are a virtual slave to the card companies.

You can end the modern day slavery and fight back. The secret is debt settlement or debt negotiation. If you’ve ever negotiated the price of a car or major appliance you have what it takes to negotiate down your debts and drastically slash your balances. There are some proven techniques you should learn before you call up your card company and ask them to cut your balance in half, but done successfully, debt negotiation and debt settlement is the way to get rid of high credit card payments.

Debt settlement works with all the major credit card companies – Bank of America, Discover, Chase, Citibank and more. Many will deny they have programs like debt settlement available…that is until you fall 3, 4, 5 months behind on your bills. Don’t let them trick you into thinking that debt consolidation is the only way out or the only hardship program they have. A lower interest rate for 6 to 12 months is not enough to get you out of debt. You need your balances drastically reduced without filing bankruptcy.  Learn more about how to get rid of high credit card debt payments

-Adam

Debt Cures Reviews

Cure Your Credit Card Debt Problems

Hello-

If you don’t have the time to read Debt Cures I or Debt Cures II and want to get out of credit card debt relatively fast – debt negotiation and debt settlement can help you.

In many cases you can get greater savings with debt negotiation and debt settlement than with non profit debt consolidation programs.

Find out how much you can save with a free quote with no obligation:

Get your FREE Debt Analysis Online in 30 Seconds!

And how about a company that provides a 100% money back guarantee of their work.

“CuraDebt guarantees that the total amount paid back to all creditors, including CuraDebt fees, will be less than the total amount due to the creditors upon entering the program or CuraDebt’s services are free.

When you consider different options (consumer credit counseling, debt negotiation, debt consolidation, bankruptcy), ask the representative if their services are backed by an equivalent or better guarantee.”

Most people who enter this program can cure their credit card debt problems within a relatively short period of time.

The length of time will depend on your unique situation.

Find out for free how much you can save and about the CuraDebt money back guarantee. Preserve your credit score and eliminate your credit card debts.

Get your FREE Debt Analysis Online in 30 Seconds!

Have a great day!

-Adam

Debt Cures Reviews

Help! Debt Settlement Gave Me A Low Credit Score!

Hello-

In the past I have talked about Debt Settlement as a “Debt Cure” for your credit card debt problems. And for some people it is. But before you decide on this course of action, be aware that using debt negotiation with your creditors to get a good settlement offer can result in your FICO credit score dropping a few hundred points.

If you are scared of ruining your credit to get out of debt, then maybe debt consolidation is better for you.

Take a look at what has happened to my credit score over the past 6-8 months since I started a do it yourself debt settlement program:

Above is my FICO credit score before I missed payments on my credit cards due to a severe financial hardship. And below is what my credit score looks like now after I have settled with 3 out of 4 creditors.

Debt settlement has ruined my credit score!

Are you worried about keeping your credit score high? Have you seen all the commercials about how you need to maintain a high credit score to keep your insurance rates low, your credit card rates low, and your chances of getting a job?

I’ve even posted some of those on this blog. And if you are not going through a sudden job loss or unexpected medical bill then you may not need a drastic debt solution as debt settlement. And debt consolidation may be all you need.

Now here’s something else I want to show you:

My credit card debt before debt settlement: $61,713.xx

And here is how much credit card debt I have now after settling with 3 creditors and getting a balance reduction with a 4th:

$16,078.

I settled $43,250 settled for $13,054 and reduced a 4th balance from $10,160 to $7778.

I kept one card out of the program which I needed to pay for living expenses and business expenses and this has a balance of around $8300.

I am still not out of my severe financial hardship but eliminating over $43,000 in credit card debt in 6 months will go a long way towards helping me recover.

That cuts my monthly expenses by over $860 a month based on the 2% balance monthly minimum payment.

Would an extra $860 a month help improve your financial situation?

And now that I have $43,000 less in credit card debt, I am able to work faster on rebuilding my credit score. I can start making my payments on time again.

My debt to income ratio is a lot lower now.

In a couple short years I will have a healthy credit score again and will qualify for a low rate mortgage loan or car loan or even a credit card.

Debt settlement is not for everyone. If you have a small amount of credit card debt then it is not worth ruining your credit score over.

Get help from friends and family, consolidate your debts, stop charging, read the Total Money Makeover, heck, read Debt Cures I and II, and get out of debt.

I am just sharing with you my experiences and hope this can help you decide on if do it yourself debt settlement is the choice for you.

Talk to you again soon.

If you have any feedback, comments, or experiences let me know in the comments box below.

Thank you,

Adam

Debt Cures Reviews