Our Debt Negotiation solution has is a FREE service that has helped thousands of American families avoid bankruptcy and take the first step towards reaching their goal of financial freedom. The ultimate objective of the program is to get you the fastest debt relief possible so that you can focus on enjoying your life. You will be relieved of your debt burdens, you will avoid the hardships of bankruptcy, and more importantly, you will finally be debt-free!
Choosing the Right Legal Representation
Federal Debt Reduction Program
Our economy is experiencing one of the most severe recessions since the Great Depression. Many of us have seen the value of our assets and retirement drop significantly during this economic downturn.
In an effort to stabilize assets and to get our economy moving forward toward positive growth the government has pumped trillions of dollars into the economy through various programs. Some of these programs were designed to spur job creation as well as get credit flowing to the consumer and to keep borrowing costs low for an extended period of time.
One such program has been removing debt from financial statements for some time. The FED has committed to purchasing $1.25 Trillion in bad debt through March 31, 2011. We anticipate interest rates to rise as much as 0.5% to 0.75% by the summer of 2011. Many financial professionals are saying now is the time to consolidate your debt. With credit scores declining down as much as 50% across the nation, and with rates as historic lows, and tax credits available for those who lost their jobs, now is a great time to consider consolidating your debt.
With the employment picture showing little signs of improvement, expect the unemployment rate to remain constant throughout 2010, with some positive job creation moving into 2011 as our economy slowly pulls out of this recession. We can expect credit scores to stabilize in 2010 as our economy and job losses start to bottom out and show signs of recovery. Expect interest rates to increase from the historic lows we have been experiencing due to the termination of the FED’s credit program in March, 2011 and other government funded programs such as the homebuyer tax credit which is due to expire in June 2010.
Overall we feel the worse is behind us and anticipate a slow by gradual recovery moving forward. We do anticipate some bumps along our road to recovery, but our forecast for the asset market is positive.
Why Choose Us for your Debt Consolidation Needs
Our Debt Consolidation Program is actually quite simple. Your current level of unsecured debt will be skillfully negotiated for you, and essentially you will end up paying a fraction of the debt. Generally, we reduce your debt by 40-60% of the current total. We will set you up with an affordable monthly payment, which is determined on a client-by-client basis between you and a counselor at DebdDeal.com. Based upon what you are able to pay each month into your debt consolidation account, we can determine how many months you will be part of the program, and know that you will ultimately be debt free. Throughout the program, we communicate with your credit card companies, and creditors, on your behalf, and you will no longer be dealing with burdensome phone calls and letters from your creditors.
Upon enrollment, we will immediately contact each of your creditors, individually, and let them know that we are now representing you, and also let them know of your interest in settling your debt with them. Reaching a debt consolidation settlement usually takes several phone calls and communication between DebtDeal.com and the creditor. Once a debt settlement offer has been reached and you as the client have agreed to the offer, we will obtain that debt settlement offer in writing from the creditor. We will then advise you on how to disperse funds to the creditor.
At that point, the creditor has accepted the payment in full, and you are free of that debt forever. DebtDeal.com will diligently continue to work on consolidating all of your debts, until you are finally free from the once overwhelming debt burden that you started our debt consolidation program with.
Our main goal is to get you out of debt. We work only for our clients; not for the benefit of the creditors. Becoming debt free is the first step to becoming financially secure, and a debt consolidation settlement is your best option.
