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  our service vs bankruptcy

Become Debt Free and Keep Your Possessions

You can save a lot of time and money resolving debt through Chapter 7 bankruptcy. However the process is risky, and you can also lose your home and car. Our debt-relief service saves you money on credit card debt and helps you become debt free within 36 months.

Chapter 7 bankruptcy involves selling off your assets to pay creditors. A majority of your debt can be wiped away through Chapter 7 while your debt is settled in months. But it comes at a high price. The court will appoint a bankruptcy specialist to gather your property, sell it and distribute the proceeds to your creditors. Your home, car and family jewelry could be up on the auction block. Strangers will be scooping up your possessions for pennies on the dollar. It can be a quick, but not necessarily painless, process.

You can be debt free in three years or less through our debt-relief service. Our service saves you thousands by reducing your total debt balance. Our debt-relief service takes longer to resolve debt, but it doesn’t include the turmoil of Chapter 7 bankruptcy. In addition to possibly losing your property, you face hefty filing fees, attorney fees and finding your way through the federal bankruptcy process.

Filing fees for bankruptcy cost more than $300. A change in bankruptcy law in 2005 added to the complexity of the process. In turn, attorneys are charging more to handle bankruptcy cases. Many attorneys are turning away prospective bankruptcy cases because of the increased requirements.

Chapter 7 bankruptcy is off limits to many high-income people. Your income must be below your state’s median. But you can still qualify for Chapter 7 with an economic means test. If those options aren’t available, then you must file for Chapter 13. Chapter 13 involves paying off your debt in three to five years. Chapter 13 typically recovers more money than Chapter 7.

Avoiding bankruptcy through our debt-relief service can save you public embarrassment. Bankruptcy filings (Chapter 7, Chapter 13 or any other) are public record. Your filing must include detailed information about your income, property, debts and creditors. That means anybody – your neighbors, employers, family, potential employers – can look at your personal financial information. Our debt-relief service stresses confidentiality concerning your financial matter.

About the Author
Settle your debts today! Read about debt relief from financial writer Brad McDonnell, who is an expert on personal finance topics involving debt consolidation and bankruptcy. Credit Solutions provides an affordable consolidation alternative.

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