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Since the mortgage meltdown of 2006, there has been a massive increase in people who find themselves in dire financial situations due to the recent economic climate. Many consumer find themselves out of work, or their income has dramatically decreased but their bills have remained the same or have increased and interest charges and late fees accumulate making a bad situation worse.

Many people find they have no where to turn and just ignore creditor's phone calls and letters demanding payment in the hope they will find employment or their circumstances will change. All the while some creditors are taking to initiating court proceedings which invariably adds costs to the debt already burdened on the borrower.

Debt Resolution Services can negotiate new repayments with creditors and in certain cases freeze interest rates and penalties with dramatic results to the homeowner. In most cases debt resolution can negotiate a new payment much lower than you are currently paying, in some cases 50-70% less than you originally owe!

What we do is to perform a debt to income analysis of what you can afford to repay according to your current income and negotiate with your creditor to accept the new repayments, which in most cases, they will accept the new repayment plan.

Please call us for more information on debt resolution services and how we can reduce your monthly payment obligations and give you your life back, free of stress and worry.

 


 

 

 

 
 
 

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