Debt settlement is rapidly gaining acceptance as the best overall debt reduction method as it combines the best traits of bankruptcy, credit counseling, and debt consolidation without many of the negatives. We can have you completely out of debt in 12 to 36 months and reduce your balances by 40-60%. Your debt problems can become a thing of the past. Think about it. You are most likely paying 15% or more in interest each month on your balances. If you owed $10,000 and make the minimum payment each month, it would take you an estimated 26 years to pay off your debt. You would end up repaying the full $10,000 plus another $9,600 in interest. That is almost the same amount you borrowed and it is all profit for the credit card companies. Do you think they ever want to see you out of debt? You should also keep in mind that this does not include other charges like late fees or over the limit fees. You owe it to yourself to get a free debt consultation from knockout debt. Compare us with the other debt reduction options and decide which method is best for you, given your circumstances.

Remember, bankruptcy is the worst thing you can do for your credit and will leave your FICO score in shambles for 7-10 years. This will make it difficult to obtain loans at any reasonable interest rate. It may also hinder your current or future employment. Furthermore, the recent Bankruptcy Reform Act makes it more difficult to file a Chapter 7 anyway and requires that you attend 90 minutes of credit counseling on your own dime. After that, you may only be able to file a chapter 13 bankruptcy anyway and you will still repay 50% or more of your debts while damaging your credit. Debt settlement is essentially like a Chapter 13 with far less damage. Get the picture?
Our Free Debt Consultation form is easy and confidential. A consultant will contact you to review your situation and answer any pertinent questions. Instead of borrowing more money to pay off what you already owe or destroying your credit with a bankruptcy, doesn’t it make sense to explore all of the available options?

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