CHECK NO COMPLAINTS in business since 2007 Why Use An Attorney Backed Model When You Can Have A Real Attorney
FIRST: Here is our Debt Settlement Program:
1-You will have legal representation, not a company backed by lawyers.
2-Contract Review - Review of their debts and the agreement including payments and draft dates
and any other questions they have about it.
3-If you are subpoened by a creditor you will have Legal representation.
4-Insolvency Analysis - Going over the client's situation, budget and hardship for documentation
5-Pre-Bankruptcy Analysis - Screening client for possible BK in case their situation changes to the
point that it is their only option. Also used as a valid threat when negotiating with the creditors.
6-Asset Preservation Analysis - Discussing clients current assets and what steps they will need to
take to protect them from the creditors.
7-FDCPA Enforcement Program - Education on what to do with the creditor calls and how to make
sure they abide by the laws. Also a way to report any infractions to the FTC and State Attorney
8-You will have free enrollment into our FDCPA Creditor Harrassment Program
9-Litigation Preparedness Program - Education on why creditors sue and what the process will be
if it happens.
10-Employment Analysis - Making sure we understand the current employement status and future
employment status of the client. This helps us determine which direction to move forward with
and how aggressive we can be with their program.
Accounts Which Qualify For Our Debt Settlement Program:
Credit Cards, Business Credit Cards, Department Store Cards, Repossessed Car Loans,
Medical Bills (when in collection) Closed Ended Loans (One time loans), Some Pay Day Loans , Business Loans,
Private Student Loans In Collection, Judgements which are no longer secured, Utilities in collections and no longer at address.
Watch The Video Below--If You Can Relate Call Us for Free Credit Counselng Or
Fill Out The Form At The Top Left Of This Page.
GENERAL Information About Debt Settlements You Should Know
If you are looking for a magic bullet to or quick fix to end your debt problems, you have come to the wrong place. Quick fixes are generally scams. If you are really serious about becomming debt free, and are prepared to follow through,
then let us explain why Debt Settlements combined with Actual Legal Representation could be your answer.
Federal regulations have finally brought a level of transparency to the debt settlement industry.
While debt settlements are not for everyone, nor are they the only solution to a debt crises, they can be extremely effective.
If The Debt Settlements Option is your best option, then we believe we have the Best and most Unique FTC compliant Program available anywhere.
Here Are Some Links You Can Check Out Regarding Our Program:
If you are considering settling your own debts please read this article first:
Considering Doing Your Own Debt Settlement Program? The Truth No One Will Tell You
Here is the truth about who needs a formal program to help resolve
your debt problem, and who does not. The focus of this article is
to provide honest guidance from someone who has been in the industry
for 10 years. And is a committed expert and consumer advocate.
While I will focus on debt settlement let me start by saying if you have
high credit card debt and can make the payments, Read More:
The Truth About Who Needs A Debt Settlement Program.
THE FOLLOWING IS TO HIGHLIGHT THE DIFFERENCES BETWEEN VARIOUS DEBT SETTLEMENT PROGRAMS OFFERED BY OTHERS
1-A Simple Negotiation Program Overseen By Attorneys.
In this model the program length is laid out in advace and determines the monthly payments. The longer the program
the lower the payments. All fees are disclosed prior to enrolling. In this type of program their is no Attorney representation as such if you are sued by a creditor.
However, the Law Firm will file an answer and instruct you the client on how and where to file it, all the while they will be attempting to settle the debt you were sued on.
Also, in this type of program your monthly payment is paid to a dedicated account, and used to make the settlements.
2-A Negotiation Program In Which You Actually Hire Attorneys To Represent You.
In this type of program you must meet face to face with the Law Firm, and a portion of each months payment is used to pay the legal fees.
Again, in this model you ARE ACTUALLY HIRING ATTORNEYS TO REPRESENT YOU, if you are sued they will file the anser and go to court, not you.
Obviosly, in this model, it takes slightly longer for the money for debt settlements to accumulate.
NOTE: In Each model their is also the possibility for what are called term settlements, in which an agreed upon amount per month is taken from their dedicated account and sent to the creditor,
who agrees not to sue.
You get a clearly written agreement which fully explaines the fees and services.
Each program is customized for your individual situation,and budget, insuring the best chances of success.
After your agreeent is submitted it will be reviewed by an underwriter, who will verify that you are qualified.
After examining your situation, if they do not believe their representation and debt settlement services are right for you, they will not accept you as a client.
FOR A FREE SETTLEMENT QUOTE EMAIL US AT:. Help@americandebtenders.com or visit: www.americandebtenders.com/startnow.html
We always advise our clients to read the entire agreement and seek legal counsel if necessary. More Advantages:
• Debt can be settled in a relatively short time frame.
• You will save thousands of dollars in this personal debt settlement program.
• Your monthly payments WILL drop dramatically.
• You make one consolidated payment per month.
• You will no longer be fighting your battle alone.
• These are legitimate programs -We cannot tell you that your creditor calls will stop, but you will be advised on how to handle them.
• The Program goes to work for you as soon as you make your first payment.
NOTE: A Device has been developed to stop unwanted phone calls. It is called "Call Guard". Any number entered into it
will cause the caller to receive constant ringing, but the phone will not ring on the users phone. This is an excellent
way to stop annoying and embarrasing creditor calls. When you enroll in our Debt Settlement program, we will pay for
the first 3 months rental of this device. Click on the call guard banner to learn more, or ask your counselor. IF YOU HAVE MORE QUESTIONS, PLEASE CONTACT US.Help@americandebtenders.com or visit: www.americandebtenders.com/startnow.html
Types of Unsecured debts which may be put into this program are: Bank Credit Card Debts, Store Card Credit Card Debts, Credit Union Credit Card Debt, Medical Bills.
The debt settlement program will only accept you if you have $10,000 or more in unsecured credit card debt.
If you are in collections,cannot afford your current payments, are either not a candidate or are unwilling to file a bankruptcy, you may be the ideal candidate for this program. Call us to learn more.
Disadvantages to Debt Settlement:
1. Your credit will be affected in a negative manner. This type of item will remain on your credit report for a number of years. However, an account indicated as "settled as agreed" is far less damaging than an open charge off. Consumers still opt for debt settlement because they find it preferable to bankruptcy. Usually, the way it is reported on your credit record involves the words "Settled" or "Settled as Agreed" or "Paid as Agreed". However, all the late payments may remain on your credit report until the statute of limitations runs out. At that point, credit repair might help to remove the negative marks if the reporting creditor fails to provide documented proof to the reporting agency.
2. Your creditors may continue to harass you throughout the process of negotiations and you may be sued or even garnished. However, you can only be garnished by one creditor at a time and in some states, you cannot be garnished at all. We have provided Legal Resource Information on this site to give you more information on dealing with this issue.
3. Most debt settlement program will only accept you if you have $10,000 or more in unsecured Credit Card Debt
Call us to learn more.
This personal debt settlementoption should only be selected when you know that you cannot afford debt consolidation and you do not wish to file bankruptcy.
Do I have To Pay Taxes on money saved in a debt settlement?
The answer is, not necessarily. Usually, as accounts are settled your financial position will take time to recover.
If you can show that this is the case, then you can have your accountant fill out form IRS Form 982
which is a form which has been created just for this purpose.
This information is subject to periodic updating. It should not be relied upon and is not intended to replace any legal advice. If you need legal advice please consult an attorney.
ARTICLES ABOUT DEBT SETTLEMENTS
Get Double Protection With This Debt Settlement Program
To best way to resolve this problem
is to enroll in an FDCPRA Protection program at the
same time as enrolling in the Debt Settlement
program. A good FDCPA protection program
will actually send their own letters to the collector
advising them that they are being monitored, and that
they will not hesitate to initiate a lawsuit on the consumers
behalf for any provable violations of law. By the way, these violations
are worth up to 1000.00 dollars per occurrence, and the Collection
Protection company will split the recovery with the consumer.
Using this approach is very powerful, and greatly increases
the chances for success in any debt settlements program.
If you are interested in more information on this approach,
please feel free to contact Personal Debt Management
for a free credit counseling session.
For to many debt ridden Americans the non-profit credit card
consolidation option is simply not manageable. Banks will lower the
interest raes, yes, however, the real problem is that the monthly payments are
simply not manageable. Even though the fees for this type of personal
debt management program are low, banks have been unrelenting in their
refusal to lower monthly payments. With so many Americans underemployed,
the problem is one of cash flow. True debt help needs lower payments.
I am continually amazed at the poor advice I see provided by what I call
the "talking heads of TV land", who are constantly focused on a persons
credit report. People are losing their homes!! Wake up. The debtor must
find a solution that fits with their cash flow as it is. Relatively new bankruptcy
laws have made it impossible for to many Americans to file, so they are
left with fewer options.
Help has arrived. A relatively new software driven
debt help program has been introduced called
Debt Settlements with Debt Restructure to save the day for many.
Yes, the program is only about a year old, and like anything new
and ahead of its time some have taken a wait and see attitude, however,
after one year this powerful program is proving itself to be a lifesaver
to many Americans needing debt help.
So, how does it work? Quite genious actually. This is the
ultimate personal debt settlementTheir are essentially,
3 parties to each transaction. The Debtor consumer, the Creditor or debt collector,
and unlike traditional no up front fee debt settlements, a Debt Buyer.
Most consumers are not aware that Debt Collectors are actually debt buyer.
Yes, after 120 to 180 days of the consumers non payment of the debt, the original
creditor sells the debt for less than face value to a collection, or debt buying company.
The debt collector than begins to attempt to collect from the consumer,
at a profit. This is generally a very adverserial process.
In the Debt Restructure program a Debt Buyer has a consumer who has already
committed to an affordable monthly payment arrangement, so the Debt Buyer
can offer the collector settlements based on this consumer committment.
The new Debt Buyer, will then write a check for the full amount of the
agreed to settlement amount. Note: The consumer must approve
all settlements. The new debt buyer, has now taken the aggressive
debt collector out of the picture and collects back his money at a
generally healthy profit. Everyone wins. An additional element
to this program, is that the consumer receives full legal representation,
should they be sued by a creditor, before the Debt Buying transaction takes place.
The fee for this service is based on the debt, and also paid monthly. If
the legal service is not used, then the consumer recieved this money back, upon
completion of the program.
The consumer has 24/7 access to their program, they pay their
money into a dedicated account, which is Noteworld, inc., one
of the most notable and reputable companies in the United States.
It is the client who owns the Noteworld account by seperate agreement.
If the debts are not settled, the client can get their escrow money back
in accordance with FTC guidelines.
One more element that makes this program so exciting, is that it is
possible to begin to re establish credit, or
by using a recently available Pre Paid Credit Card, that reports to all
three credit bureaus. This is a never before available service.
The card costs 29.95 and can be used to make the clients monthly program payments,
creating a new on time trade line while the debt is being settled. Thus, helping
to re establish a positive credit profile.
Debt Settlements-The Solution To The Shrinking Dollar
Unemployment and falling home values are symptomatic
of a much more significant problem. I am sure most Americans
have already noticed, "the incredible shrinking dollar." Is it that
things are more expensive, or that your money is losing value, rapidly,
and so it takes more dollars to purchase what you have already been
purchasing. Either way, the net effect is the same.
Exactly how does this impact you the consumer? Continue Reading
Debt Settlements-Debt Reduction Software
The future of debt settlements is now.
The Debt Settlement/Debt Restructure Program is a software
based solution to personal debt settlement. Better than do it yourself
programs, because it not only offers the consumer 24/7 access
to their account, everything runs from the pass worded software access. CONTINUE READING.
Debt Settlement Strategy-Debt Settlements and The Bankruptcy Fallback
With anything you do in life, it is always
good to have a fallback plan. A debt settlement program
is no different. In a debt settlement program, even the
debt restructure option, while unlikely, it is always
a possibility that your circumstances may change. In that
case, if you can no longer continue to make your payments,
because of a new crises in your life, their is another option. CONTINUE READING.
Debt Settlements, Make Sure You Understand The Escrow Account
As of 10/2010 New FTC laws about Debt Settlement
clearly state, well, as clear as the government can be, what a
Debt Settlements Program has to do
to remain compliant. This article is here in response
to this article: Debt Settlement Article,
about an individual who lost his money in a Debt Settlement program, CONTINUE READING.
Is Acting As Your Own Debt Settlement Program Smart
I recently received an inquiry from a consumer
who sent me an email simply saying: I am interested in fees for your
debt settlement program. Attached was a spreadsheet which included a list of
debts and on top in plain sight was the name of another debt settlement company.
Is There A Debt Relief Or Debt Settlements Program For Every Debt Problem?
The inspiration for this article came from an actual credit counseling
session recently. A consumer with in excess of 50,000 dollars of debt,
about 3 months behind on payments looking to do something to lower
his payments, which had now become a problem due to a drop in income,
and the same monthly expenses. He needed a drop in his monthly expenses
of about 1000 dollars per month to make things work with the new lower income.
Without giving you a headache,
This consumer was very used to living a comfortable lifestyle.
Car payments on each of 3 cars in excess of 500.00 dollars per month.
No easy way out on the cars but possibilities, but the possibilities were
neither easy or comfortable.
Like a good son, he was also paying his mothers mortgage. Of course he had grown
accustomed to his lifestyle, so his first thought was that perhaps a debt
settlement program or a bankruptcy could help him. He was thinking correctly.
A debt settlements programs would have reduced
his monthly payments dramatically,
but not enough without other significat changes. With his current lower 100,000 dollar
per year salary and the equity in his house he was not a candidate for a
bankruptcy and chapter 7 without
other changes. I even sent him to an excellent
mortgage broker for a refinance. The problem was that his monthly payments on
the new mortgage would just about have doubled his payments.
Those last three words, "without other changes," were the problem.
The necessary changes for a sccessful bankruptcy filing would involve
selling at least one of the cars, and driving something much less luxurious,
and other significant cut backs.
A slight digression. With the exception that my debts were in the millions,
when my wife and I were personally faced with this same situation,
about 20 years ago, some of the decisions were made for me.
Two of our cars were simply repossessed. The natural inclination was to get them
back. It was then that my wife and I had a serendipitous moment. Get them back? Why? Now
that they were gone, they were two less things to worry about paying each month.
So why couldn’t we do this with other things? My wife and I finally realized they
were just material possessions, and when the debt crises was over, we could always
buy new ones if we were so inclined.
This was a truly enlightening moment for us. We actually felt relief as those
cars were repossessed. While it wasn’t nearly enough of a change to solve our
problems, the change in our thinking was the first step to becoming debt free.
All the experts and Attorneys we counseled with could not ever have accomplished
what those repossessions did for us. After getting our previous consumer free telephone
consultations with a bankruptcy lawyer, and providing three different debt settlement
program quotes trying to get his payments lower, my counseling took a different
direction. I told him my very personal story in some detail. Hoping that he would
have his own serendipitous moment, as I hope you have yours while reading this.
The fact is that as effective as debt relief structured programs have become, they
still will not and cannot resolve every debt situation.
Sometimes we just have to take it slowly, one day at a time and act on
some very hard realizations. And yes, sometimes those realizations are
forced on us. The key is to realize that the valley of any crises in life does
not last forever. It also helps to know that there is a God in heaven
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