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As you know, it can be frustrating having to deal with debt, especially when you don't see any way to pay it. However, Obama has recently passed stimulus money and more creditors are willing to settle; they are willing to accept less than the amount owed. This is because Americans had and still have some of that extra money in their pockets. What you got to remember is that to the credit card companies, getting some money is better than getting no money.
In prior years, consumers were lucky to get their debt reduced by 30% with debt settlement; however, things have changed. Now, Americans are seeing their debt reduced by as much as 50% or 60%. On average, credit cardholders with as much as $10,000 in debt are the ones who receive such as high percentage in debt reduction. However, even if you have less money that is owed to credit card companies, you can still qualify for debt relief. Just like the credit card companies, any amount less that you owe will lessen the impact.
So are you ready to seek relief? If so, you need to find a debt settlement company to hire. You can get started with a standard internet search online, but you must be careful. In recent years and due to the popularity of debt settlement, lots of companies have appeared on the radar offering to help.
To ensure your debt is settled as much as possible and to ensure you aren't scammed, use the services of a debt settlement company affiliated with the Association of Settlement Companies (TASC). Companies affiliated with this association must pass examinations that determine their strength, creditability, and performance. This lessens your risk of falling victim to a fraud posing as a debt relief expert.
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Source by Michelle Messmer
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