In the beginning, a Debt Settlement program has a negative effect on your credit score. This occurs due to the accumulation of negative payments, which compose one third of your credit score. But in the end, your credit does improve. First of all, your credit score only considers the most recent 24 months of negative payments on your payment history. Thus, after 2 years, the negative effect on your credit score should substantially diminish. Secondly, after you pay off your debt, your debt to credit ratio, which composes another third of your credit score, will also improve, which increases your credit score.  A positive debt to credit ratio is beneficial in qualifying for loans and favorable interest rates.  Thirdly, a “settled” debt is reported to the credit bureaus as “settled: paid for less” or “settled: paid in full”, which is more positive than showing a “bankruptcy” because future creditors will see your were capable of paying off your debt. In summary, if you want to reach financial freedom rapidly without the damaging results of a bankruptcy, our Debt Liquidation program is highly recommended. Also keep in mind that once you complete in our program you can hire a credit repair service to further improve your credit.

The debt-to-credit ratio is a proportion of your credit line and your credit limit. As a general rule, your debt-to-credit ratio is in great shape if you use less than 30% of your available credit. With a debt-to-credit ratio of 30-50%, you will generally see a 10-20 point reduction on your credit score, with 50-70%, an approximate 30 to 50 point reduction, and with higher than 70%, your credit score will significantly reduce by about 70 to 100 points. Thus, if you have high debt balances, in order to improve your credit, you should pay off your debts or lower your balances. To calculate your debt to credit ratio, divide your debt balance by your credit limit. As an example, if you have a $5,000 credit limit and your balance is $3,000, you have a 90% debt-to-credit ratio.

Of course, our procedure is 100% LEGAL. But creditors are dependant on your lack of knowing your debt collection rights. The truth is that NO creditor wants you to know that this is a legal and ethical, and powerful debt elimination procedure.  However, you have the right to assign a debt management professional to help you with your financial matters.

One of the initial benefits you will receive is the preparation of "cease and desist" letters, which are issued to collection agencies. These are legal notifications, which under the federal Fair Debt Collection Practices Act, (FDCPA), will legally require debt collectors to STOP calling you at your home and place of work. This important tool is very efficient in bringing an end to the abusive collection calls.

Debt Consolidation programs can only slightly reduce your high interest rate. Your typical rate reduction is 2-4%, which means that you will take many years to get out of debt and may end up paying 150% more than your original debt. Plus if your financial situation worsens, you may be forced to drop out of the program and file for bankruptcy. Opposed to a Debt Consolidation program we negotiate aggressively to eliminate your total debt. Knowing that creditors want their money now, our strategy takes advantage of their desperation to negotiate in your favor. Our objective is to gear them to settle your entire debt balance, principal and interest included! The point is to pay off your debt as soon as possible.

Yes, but if you try to negotiate on your own while having to tend to your family, social life, and work, you will waste many frustrating hours trying to investigate laws and regulations and you will waste your time dealing with hostile creditors that don’t know you. Plus there’s a good chance that you won’t reach the huge reductions we can negotiate as an EXPERT DEBT NEGOTIATION SERVICE. We are trained to utilize tactics, and specialized negotiation strategies and have key relationships with many creditors, which ensures you will receive the BEST QUALITY SERVICE and the BIGGEST DEBT REDUCTIONS.

The only good reason you should consider bankruptcy is if you’re drowning in debt and have no other way out. Bankruptcy destroys your credit for 10 years and remains in public records for 20 years.  Besides the public embarrassment that bankruptcy causes, it can also cause you to lose assets and be turned down when you apply for credit, a job, or to rent an apartment. Additionally, as of October 2005, changes in the law made it much more difficult to file for bankruptcy. Under the new law, chances are that you will be obligated to repay a portion of your debt. Why take the risk of suffering these consequences when there is a less painful way to get out of debt? Before you decide to go into bankruptcy, please contact us. Our Debt Liquidation program may be able to help you.

We take personal interest in treating our clients like family and as our #1 priority! We specialize in creating an individual plan for you that provides a convenient solution based on your budget and financial circumstances.  Our objective is to under promise and to over deliver and unlike other more restrictive programs, we allow you to keep certain accounts out of the program. Not surprising, the biggest part of progressive growth has principally been from referrals from many satisfied clients.

The Debt Liquidation Program is a revolucionary debt management approach that consists of highly effective debt negotiation strategies. These strategies were created by our original founders who have many years of experience in the areas debt and credit management and collections. This model has been perfected over the years to maximize the results and increase the savings to our clients.

We work with all types of UNSECURED DEBTS, such as credit cards, medical accounts, collection accounts, personal loans, legal accounts, and judgments. But we do not work with any type of SECURED DEBTS, such as mortgages, auto loans, property that can be repossessed, IRS taxes, student loans, and pensions.

To complete an online application, click here. A Debt Analyst will call you to provide you a free phone consultation without any obligation. After determining that you qualify, we will send you an enrollment application and agreement form that will allow us to start working with your creditors right away.

Of course not, we design a program that fits you and our services adapt to your financial needs. Nevertheless, with your best interest in mind, we recommend that you allow us to manage all of your unsecured debt that qualifies for the program.

If your ex spouse has joint accounts with you, those debts will appear in your credit report until they are paid in full. Even if a divorce decree can prove that your ex spouse is 100% responsible to pay some accounts, if your ex spouse is careless in not paying them, it may be possible that you will be responsible to pay them.

If your ex spouse has joint accounts with you, those debts will appear in your credit report until they are paid in full. Even if a divorce decree can prove that your ex spouse is 100% responsible to pay some accounts, if your ex spouse is careless in not paying them, it may be possible that you will be responsible to pay them.

NO, we respect your privacy and we honor our word. Our company signs a confidentiality agreement with you indicating that your personal information will not be released to ANYONE!

Creditors are required to report to the IRS any debt settlement that exceeds $600 and you are required to report the same information in your annual tax return. Bu the IRS permits you to cancel the debt settlement income up to the amount for which you were in debt. The good news is that unless you had enough assets, which is very unlikely if you have a lot of debt, normally you would not have to pay any taxes on the settlement.