How Relief Networks Help In Debt Elimination - Legitimate Debt Relief Options

By Frank Miller


You may have seen some advertisements or articles on the internet that mention the Obama credit card debt relief bill. Beware, because that there is no such thing as the Obama credit card debt relief bill. Indeed many of the claims attached to such a bill are wide off the mark and are only being used as a way to hook the gullible reader into signing up with a credit card debt settlement program. Amongst the many wilder claims being made is the statement that a credit debt relief company can only charge you if they manage to reduce your debts by more than 35%. Some of these companies even claim that the government is going to personally underwrite up to $10,000 off your debts.

All those attractive websites you see offering you unbelievable reduction rates are the fake ones. You need to stay away from them. Even looking at them is a waste of time. If you are looking for a real relief firm then you need to visit a relief network. There are several debt relief networks in the market associated with the government, working for the benefit of people by providing them with the real debt relief firm.

Their basic aim is to provide the consumers with right information regarding debt relief so that they can be safe from the clutches of fraud companies. So to find the best results you should first visit a debt relief network.

As a consequence of the changes to the credit card debt law, the debtor can now sign up to a credit debt settlement scheme without any fear of being ripped off by their credit debt relief company. On another level it also means that credit debt relief companies are now more cautious about who they take on board for a debt settlement program. This may well be a good thing since you would obviously like to think that a debt settlement organization would only take your case on if they thought that some level of success could be achieved. Unfortunately, the credit debt relief industry is filled with misinformation. This is largely due to commission hungry organizations and individuals who will feed you any hype in order to get you signed up to their debt settlement program. Such claims, as the ones mentioned earlier, don't help because they cause confusion. In reality, debt settlement is a great form of credit debt relief for a certain kind of debtor. But it does not suit every debtor.

For legitimate relief networks, it is not necessary that they make attractive websites and offer unbelievable offers. Their businesses are already flourishing just because they are the members of relief networks. They do not go on telling every consumer that their case can easily be handled. First they analyze the debt situation of a particular consumer and then tell him what part they can play in that situation to make consumers free from debt. Not only they negotiate with the creditors on their customer's behalf but they also provide them with valuable advises so that they can attain a good financial future. If a consumer's case has not gone out of hands and it can be managed with an organized plan, then they won't perform any relief programs but they will provide the consumer with a budget plan so that his debt can be eliminated and he is taught a lesson on how to manage his income and expenses.

If you have credit cards or other unsecured debt over $10k you will be eligible to eliminate up to 70% of this through a credit card debt settlement. CreditCardDebtNegotiations.com will provide legitimate debt relief help and free counseling for consumers. They are one of the largest and most respected debt relief networks on the marketplace and can help you eliminate unsecured debt.




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