Getting into debt can occur for many reasons - the loss of a job, the break up of a relationship, overspending on credit cards. In addition the constant phone calls and letters from your creditors can overwhelm you and make it seem like there is nowhere to turn.
What you need is a solution to the debt – one that you feel comfortable with, one that suits your situation today and one that will allow you to plan for the future.
The experts we will refer you to are specialists who don’t just negotiate with the people you owe money to but work closely with you to find an affordable, realistic and workable solution.
These solutions offer a real alternative to bankruptcy and avoiding public notification of your affairs which can adversely affect your reputation and credit rating.
The solution to managing the debt may come from:
Debt Management
Negotiations are done on your behalf with your creditors to establish an affordable, monthly repayment schedule. In many cases creditors will agree to freeze interest and stop penalty charges because you have shown a commitment to using a professional debt management company to handle your debts. The never ending demands for payment from your creditors stop and you can get on with your life.
Debt Consolidation
With this solution, all your debts are consolidated into one loan with an affordable monthly payment.
I write this letter to express my deepest gratitude for your assistance and to say thanks for the professional and prompt way in which you have helped me sort out the extreme financial position which I managed to put myself in.
Before contacting yourselves I was sure that bankruptcy was my only option and I was becoming increasingly concerned and depressed by the numerous calls and correspondence that I was receiving from my creditors on a daily basis.
Upon contacting your company I was impressed at how efficient and helpful you were. I was not judged at all on the financial mess that I got myself into and found that the information provided about the options available to me were clearly explained and relevant to my financial situation.
I cannot express my gratitude enough for the way that you have helped me but hope that this letter goes someway to letting you know how you have shown me the light at the end of what was a very long tunnel.
Mr G From York