credit card debt settlement

Truth About Debt Settlement

Debt settlement finds a way to negotiate with the lenders to waive off certain percentage of the outstanding balance with the borrowers. A portion of the amount is paid off at an agreed upon settlement amount. This process can be very effective if a third party settlement services company is employed. They negotiate hard with the companies to eliminate between 40-60% of the original balances. A shocking revelation says that last year alone there were 1.5 million bankruptcies filed. It is a serious problem for the lenders as it is their business to reap profits and not bankruptcies. They do business in the market and hardly gains because of the bankruptcies. Lenders do not get even a single penny when bankruptcy is filed. Hence, they find that negotiating with a debt settlement company might find fruitful results in getting back at least the 50% of their principle amount. Settle your debts up to 60% With the worst affected economy, the only...

Debt Settlement Advice - Gambling is Not a Way Out of Debt

"Where to find instant money to pay my debt, the harassing phone calls from my creditors really make me crazy. God, please help me!"...a debtor who is under very stressful condition screaming helplessly. Suddenly, he has an idea: "If I use my little money to play at casino and win big, then I can clear my debt instantly". He thinks he got a brilliant idea that will free him from his overwhelming debt situation soon. In order to "guaranteed" the winning, he bought a few e-books about casino playing strategies that will surefire the winning and make him money, at least what the ads stated so. He feels relief now...and get ready to enter a casino close by or sign-up an online casino account. There are more casino losers that the winners, that's why casino gambling is one of the most profitable industries. You can't make money from casino when you really need the money, gambling is an entertainment where you have money to lose if the lucks...

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