You can get rid of harassing phone calls and threatening letters. A trained financial counselor will work with you and your creditors to consolidate everything you owe into one simple monthly payment.

Consolidation of Credit Card Debt
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Congress made it harder to file for bankruptcy when it changed the laws in November 2005. Filing bankruptcy no longer automatically wipes away your debts. If you pass a means test, you have to enter into a five-year repayment plan. You no longer get immediate protections against landlord evictions, lawsuits for child support, debt collection actions, and so forth.

The tougher new laws come at a time when household debt is at an all-time high.

For example, according to 2005 statistics from Fair Isaac, the company that invented the FICO credit rating system:

Statistics Confirm:

• The average American household has thirteen credit cards.
  
• The typical consumer has $19,000 in available credit;
  
• One in seven uses at least 80% of his or her credit card limit.

Bankruptcy filings went down after the new law passed, but today they are up as high as ever. Courts handle about 2,500 new bankruptcies cases A DAY.

If you are having money problems because of too much debt, you are not alone. But there may be a better way to solve your problems than filing for bankruptcy.

The Smart Alternative to Bankruptcy

A credit card debt consolidation loan puts all your monthly payments into just one payment, usually at a lower interest rate than what you pay now.

You won’t have to experience the public embarrassment of bankruptcy and the problems it causes with your future credit history.

A counselor is waiting to work with you personally, and to help you through the process of getting debt-free. You can get out of the “credit spiral” that means you make only minimum payments and never ever get ahead.

No matter how or why you got into debt, there is help available right now. Request a FREE confidential consultation.