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Easy Debt Relief Without Jail TimeBankruptcy may be a heart-wrenching experience today, but centuries ago people the experience was much more trying. In the United States – up until the 1800s – debtors faced prison time. The state of Georgia originated as a debtors colony. Today, you can eliminate your debts without going to jail or filing bankruptcy. Credit Solutions offers a quick and easy debt-relief service. Some famous Americans spent time in debtors’ prison. Charles Goodyear, the rubber magnate, spent a few days in jail for being in arrears to his distributors in France. Robert Morris, signer of the Declaration of Independence, was also jailed for debts. The only way a person can be jailed for debt today in the United States is if the debt source is fraud, alimony or child support. In England, centuries ago, debtors were sent to faraway lands such as Australia as a form of imprisonment. In some ancient cultures, people became slaves for those to whom they were indebted. Luckily, we have better debt options today. We work aggressively with your creditors to lower your debt. We can get you out of debt in 12 to 36 months. Bankruptcy is one way to wipe out debts. Under Chapter 7 bankruptcy, your assets are sold to help pay your creditors. A majority of your debt can be eliminated this way, but you could lose your home, car or other valuables in the process. Our debt-relief service can get you debt free without putting your possessions at risk. Under Chapter 13 bankruptcy, you enter a repayment plan that lasts three to five years, which is longer than our debt-relief service. Bankruptcy stays in your credit history for 10 years or longer. Your poor credit will linger longer than it should, making it harder for you to obtain loans, get credit cards or even find a job. A record of your bankruptcy lasts forever, since bankruptcy filings are public record. Strangers can view details of your income, property, debts and creditors. Our debt-relief service can help get you out of credit debt discreetly. Author Bio: Scott Sumerford has several years of experience working in the financial industry and has written a myriad of articles on various financial matters. He graduated from the University of Texas at Arlington where he worked as a writing center tutor and contributed to the university's newspaper, The Shorthorn. Read more about how Credit Solutions offers viable alternatives to bankruptcy and debt consolidation.
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