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  our service vs bankruptcy

Know Your Options For Debt Relief

Bankruptcy leads to several disadvantages, including damaged credit and asset repossession. When filing bankruptcy, you risk losing all of your valuable assets, including your home. Our service allows consumers to eliminate debts at a reduced rate and avoid the disadvantages of bankruptcy. Credit Solutions reduces your credit card debt and brings you debt relief for today.

When consumers enroll in our service to relieve debts, they simply contact us and speak with a trained financial expert about their financial problems. Our service involves no credit check or excessive fees. Once consumers enroll in our service, they eliminate debt within 12 to 36 months.

Filing for bankruptcy requires consumers to disclose every asset they own and their income and liabilities. The court may force consumers to surrender their assets to a trustee who will liquidate the items to repay creditors. Instead of having the courts control their financial problems, consumers should utilize our service and enjoy complete control over their money.

Bankruptcy negatively affects the consumer’s credit report and credit score. The damage remains on the consumer’s credit record for at least 10 years. During this decade-long period of bad credit, consumers find difficulties in obtaining loans or any type of credit. The effects of bankruptcy may also prevent consumers from renting an apartment or getting car insurance.

Instead of incurring the lasting effects of bankruptcy, consumers should elect our service for debt relief. We work on behalf of consumers to help relieve debt problems through discussions with creditors. With our service, creditors agree to waive some of the credit card debt and accept the remaining sum as full repayment.

Consumers benefit from using our service for debt relief by eliminating creditors in a short time. Our service enables consumers to fund debt relief according to their financial ability. With our service, consumers set aside money toward an account that they’ll use to pay off creditors. When consumers accrue enough money in their account to pay off a specific debt, our trained experts work with the creditor for a reduced payoff. Unlike other debt-relief companies, we do not control, handle or manage our clients’ money.

Bankruptcy laws now require consumers to submit a substantial amount of detailed documents involving income and expense reports, including tax returns and paycheck tickets. The hassles on the debtor to collect the necessary paperwork have increased over the past two years. In addition, debtors must present the court with the necessary documents within a 45-day timeframe after filing in order to avoid having their cases dismissed.

Author Bio: Allison Roberts is a graduate of the University of North Texas Department of Journalism. She has experience in agency and in freelance public relations. Allison currently writes for Credit Solutions and she is completing an unfinished work of her late grandfather. For more articles by Allison, visit http://www.creditsolutions.com. Credit Solutions is offers a leading debt consolidation alternative.

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