Credit Card Debt Specialists Free Help With Credit Card Debt

Do you have credit card debt that you cant escape do the bills keep mounting up?

Here is the reality, if you don’t have the money, did you know with the right advice and planing we will show you how to beat credit card debts. Most financial institutions will write your account off.  This means that the credit card companies may deduct your debt from their taxable liability.

Now you may get harassing phone calls from a collection agency because the banks will try and sell your debt off to them. A collection agency may not have a legal right to collect from you at all. Quite often, we are seeing that the debt was never created with them so they have no rights or power over your original agreement with the credit institution.  Lets look at this closer; if I owed you $50 and you got tired of waiting for me to pay you and then sold your $50 debt with to ABC Collections does ABC Collections now have the right to collect from you? No they do not unless they have an assignment of debt and provide proof of that assignment.

Now if the original creditor writes off your debt on their taxes, they have no legal right to collect from you as they will be collecting once from the the federal government because they reduced the amount of taxes they owed with your debt, and then collecting from you on top. We believe this would be called double dipping or hedging.

The reality is here is no legal way to avoid credit card debt, but beware of debt consolidation companies and some of their scams scam out there in the market place. Credit card debt is an unsecured debt so in tough times they can wait, however mortgages, car payments and student loans are the important debts, along with living expenses and food.

The reality is that 99% of the  call centers contacting our clients do not even understand the credit consumer act or laws. The banks and financial institutions hate us but when we get involved they all bloody well listen if they have any hop of getting any money from a bad credit card debt.

For the thousands of credit cards issued each month I have only witnessed a small amount of loans ending in legal proceeding being issued or litigation and this is usually when the balances exceed $100,000 or if a financial institute suspects the have been scammed or a fraud has been committed and if this is the case we will not even get involved.

Remember if you take on a credit card you have an obligation to pay,   but in some cases you fail to meet your financial obligation for many reasons. We are not here to judge you but we are here to help you. Let say you have a minimum monthly payment of $250 and the interest keeps mounting up. What if we could get the monthly amount payment and the balance reduced and then on top have the interest rates frozen, would you be better off? Of course you would we would also get an undertaking from the credit card company that they would not mark your credit report adversely, remember reducing your debt and protecting your credit is the most important exercise right now.

Congratulations this is what we do at Insolvency Professionals, we won’t tell you to file for bankruptcy if there is no need, we act responsibly to help you with your debts so you can see the light at the end of the tunnel. We don’t have massive television commercial campaigns as these need to be funded some how, we simply apply smart thinking and positive negotiation on behalf of our clients for a minimal fee. However our first no obligation 45 minute consultation if free, if we can’t help you nobody can.

Phone us today for peace of mind tomorrow.