“Never let life’s hardships disturb you..no one can avoid problems, not even saints or sages”  Nichiren Dasihonen

The above quote rings true for the consumer who is struggling with their unsecured credit card debt. The consumer not longer can avoid the problem, the unwanted telephone collection calls and letters from the credit card companies or collection companies. The time is now for the consumer to take action.

The consumer needs to know that they are not alone when facing issues in regard to mounting unsecured credit card debt. Once the consumer decides to take that first step they will start to feel better about their situation. 

One of the fastest ways to find debt relief is using the debt settlement option program.  When compared against other options, bankruptcy, debt counseling or do nothing approach.

As with any debt settlement program there are drawbacks. These negative issues might include, the forgiven balance is considered taxable income by the IRS and the settlement will be noted on your credit report.

A good debt settlement plan combines all the outstanding unsecured credit card debt and establishes a budget for monthly savings which is in the best interest of the consumer.  This plan establishes the timeline for the exact amount of the monthly savings which might be less than the combined monthly minimum payments on all debt. Then estimates how long it will take before negotiations begin with the credit card companies.  The key to how long is based upon monthly savings and outstanding balances. This process can take been 12 to 48 months.  The consumer needs to remember that if their financial situation changes, they can opted out early and payoff their debt themselves.

So, take that first step today and call 866.963.9988

In regards to communications with third parties, a collection agency may not contact other people except to locate you.  When contacting other people, the collection company must state his or her name and that he or she is just confirming you location information.  The collection agency may not give their company name unless they are asked.  They are not allowed to state whether or not you owe a debt.  A collection agency may not contact a third party more than one time unless the person allows additional communication.  If the collection agency thinks the information was wrong they can call again.

Can A Creditor Call Third Parties If I Have An Attorney

If a creditor or collection agency knows that you have an attorney, they may only contact the attorney.  They may only contact you if they have your permission to do so.  The original creditor is always allowed to contact you.  They are under a different set of rules than a collection agency would be.