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Is Debt Settlement Legit?

Titan Consulting

Multiple state and federal agencies strictly regulate the debt settlement industry. All types of debt relief programs come with negative consequences, including non-profit credit counseling and bankruptcy, and will directly or indirectly negatively impact your credit score.

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Can I Settle My Credit Card Debt Myself?

Titan Consulting

Financial hardship could make it possible to negotiate debt balances and pay less than the full amount owed. Bankruptcy can wipe out unsecured bills, leaving creditors with no way to recover the debt. When Should You Consider a Debt Settlement Program ? The Consequences of Debt Settlement.

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Should You File for Bankruptcy if a Strong Economy is Just Around the Corner

Titan Consulting

Bankruptcy will destroy your credit and remain on your credit report for up to 10 years. You must qualify to file for bankruptcy, and your income must meet an income means test. The Bankruptcy Option. Filing personal bankruptcy typically involves either a Chapter 7 or Chapter 13. Key Takeaways.

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Tips for Credit Debt Relief

Sawin & Shea

In fact, Americans are at an all-time high when it comes to credit debt to the tune of $1 Trillion. On average, Americans individually carry about $7,951 in credit card debt. With those figures, chances are you are among the millions of Americans needing credit debt relief.

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Credit Card Debt Forgiveness: What You Need to Know

Credit Corp

Credit card debt forgiveness, also known as debt settlement, involves negotiating with creditors to reduce the amount owed on your credit card balances. trillion in credit card debt. What Is Debt Forgiveness? What Is Debt Forgiveness?

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Need to Know About Debt Negotiation and Settlement?

Sawin & Shea

If you’re dealing with debt and considering filing for bankruptcy, it’s a good idea to get professional legal advice on how to handle the proceedings. There are countless scams and “credit repair” cons trying to take advantage of your situation when you need help the most. Should I File for Bankruptcy?

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Need Debt Relief? Here Are Your Options

Debt Guru

Now, let’s talk about which debt relief programs will work best to help you out of your situation. Bankruptcy. You’ve probably heard of people filing for bankruptcy but may not understand how it works for individuals who are in debt over their heads. Chapter 7 bankruptcy comes with some serious downsides.