Charles Phelan’s Debt Settlement Success Seminar

In this uncertain economy, many folks drowning in unpaid bills are wondering whether debt elimination without bankruptcy is possible, in other words, is there an alternative to bankruptcy?  If so, is that alternative less damaging on your credit?  Is it less intrusive?  If you want to know the answers to these and other questions you may have, please read on.

Debt Settlement, also known as debt negotiation is the best, and probably the only option to bankruptcy chapter 13.  Debt Settlement consists of negotiating your unsecured debts with your creditors to settle for 50% or less of what you owe.  Here’s why debt settlement is a better option to bankruptcy:

  • It is less intrusive than bankruptcy since it is not a public record and there is no court involvement.
  • Unlike consolidation or consumer credit counseling,  you only pay a portion of what you owe and get out of debt faster.
  • Since this is the fastest way to eliminate debt, you can start re-building your credit sooner.
  • It usually takes 2-3 years to complete, compared to other programs including chapter 13 bankruptcy which take 5-10 years.
  • Unlike other programs,  you have payment flexibility and control.
  • You can do it yourself with the help of a reputable coaching and training program and save the high fees the debt negotiation companies demand. Check out Charles Phelan’s Debt Settlement Success Seminar

Debt negotiation is an excellent option to chapter 13 bankruptcy, however as with bankruptcy and any other program,  your credit will be negatively affected,  but the good news is that you can start re-building your credit as soon as you complete the program.

Some debt settlement companies claim that  if you sign up with them you won’t have to deal with your creditors collection calls, the fact is no one can stop all your creditors from calling you.  Nevertheless, some of the best companies can reduce the number of calls you receive.  If you are willing to endure these temporary inconveniences in exchange for debt relief and piece of mind, perhaps you should find out how to download a free 32-page report titled “How to Eliminate Your Debt Quickly and Safely Without Filing Bankruptcy” .

So there you have it.  I’m sure you’ll agree that it would be worth your time to get more in depth information about debt elimination without bankruptcy, in fact you can save a lot of money doing your own settlement with the help of a good reputable do it yourself program or you can hire a company if you don’t think you can handle it on your own, however if you choose the latter do a detailed research of the company and ask a lot of questions to avoid fraud.