Best Debt Relief Guide

Hi, over a period of many years I gained  considerable experience in managing debt, debt negotiation and more recently helped people get the best debt relief possible.  this website is based on what I have learned, continue to learn and I trust this will be very useful information for anyone looking to get the best debt relief.
Advertisements on TV, in newspapers and other publications advising people how they can get the best debt relief are  common now,  with debt relief companies being a growth industry due to the demand from people looking for how they can get the best debt relief,  in the hope of getting their credit card debt and other unsecured debt discounted to a manageable amount.

There is no doubt in today’s world many countries along with a portion of their population suffer from  problem debt, and short term this situation isn’t improving.

In the USA and close neighbor  Canada it is common for a person to have a collection of credit cards,   many people  will have overdue balances on some if not all of their credit cards with high compounding interest and other costs being charged every month.
Current statistics show that around 60% of people don’t or cannot pay their credit cards in full each month, so these people are paying 15% or more extra for purchases charged on their credit cards.

Some credit cards may be maxed out with the owner struggling to make the minimum monthly payment,  and with no prospect of ever being truly debt free.
These are the people who need to consider arranging to get the best debt relief they can on unsecured debt, and work towards becoming debt free in a short period of time.

CLICK HERE FOR A FREE  GET THE   BEST DEBT RELIEF   APPRAISAL      Unsecured debts need to total $10,000 or more.

Unsecured Debt – What Is It?

Unsecured debt is a debt which has no security legally attached to it.  Common  unsecured debts are:

Personal Loans or Bills
Credit cards
Retail Store Cards
Gas Cards
Medical Bills

Secured debt will include: real estate, cars, boats.
Other secured debt like Student Loan and IRS Debt may be negotiable individually.

 

To Get The Best Debt Relief What Options Does A Person Have?

There are  options available for a person to get the best debt relief suited to their circumstances, which I divide into 2 categories.

If the debts total under $5000 the 2 options I would recommend a person consider are:

#1  PERSONAL NEGOTIATION.    Endeavor to raise at least 60% plus of the debt in cash.  Sell unwanted sport goods, household items, toys, tools.  Whatever is sale-able and offer this as cash settlement to your creditor/s.
Make it perfectly clear this is all you can manage to pay and that there is no more money.
Cash is king and most creditors will seriously consider an offer like this.

#2  CONSOLIDATION LOAN.   Generally this a loan against your house or other asset you have sufficient equity in and can borrow against at a more friendly interest rate, and use this to settle the unsecured debts.
The result must be lower monthly payments which includes repayment of the loan,  but you may end up paying more in interest  long term,  and should you default this can put the asset at risk.

If your unsecured debts total $5,000 to $10,000  engaging a top rated debt relief company who will handle debts below $10,000  is a good option but do check the cost versus savings.

If  debts are over $10,000  then I firmly believe to get the best debt relief possible engaging a reputable and experienced debt relief company is best option by far.

A specialized debt relief company will get you the best debt relief  possible, and at same time take away the hassles associated dealing with creditors and debt collectors.
The better  debt relief companies   will have 2 main options:

[1]  Debt Management.  The debt relief company will negotiate a low interest rate,  aim to have other monthly charges waived and possibly get a discount on the amount owed.
You make an agreed monthly payment to the company, and they distribute this to the creditors.
The objective is to have the client debt free within 5 years or sooner, and is a common option for a debtor who can afford to make a reasonable monthly payment like $200 plus, but unable to settle the debt otherwise.

[2]  Debt Settlement.     This option is for people who have difficulty making debt repayments each month.  The company will combine debts so that they mostly negotiate large amounts of debt with a creditor at any one time,  and settle the debts at much less than what is actually owed.

This obtains for their client the best debt relief possible,  with the aim to be debt free within 3 years or less.
The client pays the debt relief company a set amount each month which is on- paid to the creditors.

 

How To Choose The Best From The List Of Debt Relief Companies

The biggest problem people wanting to arrange the best debt relief for themselves is where to start as there  are so  many debt relief companies today, all claiming to be the best.

I can help here as over many years I gained a lot of experience in this sector.

Hi , my name is Bruce and I have gained an abundance of experience in business administration and debtor management since the mid 1970′s.
To keep my business’s profitable preserving cash flow was crucial, which meant ensuring my clients – both business and private – paid their accounts by due date.

Typically I was doing similar to what the majority of debt relief companies carry out today except in a significantly smaller way.

With so many debt relief companies advertising  on TV, periodicals and newspapers it is very difficult for a person to choose which company will get them the best debt relief.

I became  inquisitive regarding exactly how good are the  best debt relief companies,   what benefits do they obtain for their clients and were they completely satisfied with the debt relief result.

What I found wasn’t impressive  so my investigation became  more intensive as I searched for the best debt relief company who achieved the best debt relief results for their clients.

These two attributes must be combined as I found while a company may seem to be the best debt relief company in the way they acted, it didn’t necessarily mean they got the best debt relief for their client.

For some it was their fees were either too high, were too vague on how fees were calculated,  or their means of negotiating  the best debt relief simply didn’t meet the grade because the amount of debt reduction they achieved  didn’t get their client the best debt relief they should have .

 

How Do I Select The Best Debt Relief Company?

A starting point is to do a web search for best debt relief reviews but mostly these reviews will basically be ‘sales pages’ for a particular debt relief company, not an in depth investigation like I have done here.

For a person searching to get the best debt relief they can,  then to  select the best debt relief company to achieve this isn’t an easy task, but is essential as the future financial well being of the person depends  solely on this choice.

When I started my best debt relief investigation 3 years ago I was already one step ahead because of my previous experience,  but I had 2 assistants to help me.
They spent almost 2 months part time phoning the debt relief companies I gave them, noting answers to questions, and phoning back with more questions based on those answers.

Gradually we worked through the process of elimination while I personally  researched using search engines, forums, discussion panels and testimonials.

The result is the best debt relief company I chose then I still choose today as producing the best debt relief relief result for their clients.

In 2009 I recommended 3 debt relief companies,  each having a different criteria for debt relief.
For 2010 and 2011 I  recommended just my #1 debt relief company CuraDebt,  but my ongoing research has verified 2 other debt relief companies I now include as my #2 and #3 choice  in my recommendation for 2012.
The details on all 3 are listed below:

Debt Relief Companies I Can Recommend For 2012, The #1

The company I rated  as  #1 with a score of 9.6 out of 10 is:

The main reasons  CuraDebt remains my #1 choice is they have consistently maintained a very high standard of service for their clients ever since it was founded in 1996.
The name  changed to CuraDebt in 2000 and has continued to get exceptional best debt relief results while achieving this at a very reasonable cost.

 

Other important factors are:

*They have guarantees of customer satisfaction, plus guarantee their debt relief results.

*Your creditors deal solely with CuraDebt saving you one big hassle.

*Their fee is commission based, so you pay solely on results.

*Their Debt Negotiators are well experienced in dealing with creditors and know how to get the best debt relief.

*CuraDebt combine debts so amounts around $200,000 to $500,000 are often negotiated to ensure the best debt relief result is achieved.

*A free no obligation debt appraisal is readily available.

*You have a dedicated friendly counselor so you always correspond with the same person.

* Have a huge impressive list of testimonials,  more recently verified by Rate Point.

*Are a member in good standing of the BBB, plus several other Debt Relief Organizations.

CuraDebt is available in most States in the USA  plus Canada   and Puerto Rico.

Their debt relief services are not limited to credit card and other unsecured personal debt, but include  Business Debt Relief,  and IRS Tax Debt Relief.

For instant details on CuraDebt please  click here    or get your free best debt relief course by clicking on the video banner in the side bar opposite.
Your unsecured debts need to total $10,000 or more

 

[Rate Point Verified Testimonials

Thank You Cura Debt and Yamile A.

Signed on to Cura Debt about 18 months ago with alot of credit card debt. Wife was laid off work with health issues. Didn't know where to turn. They helped us every step of the way to get debt free. We have been Working with Yamile A. The last few months to finally get us debt free. Yamile A always kept us informed and up to date so we could make t hat right decision on each account. Thank you Cura Debt and Yamile A

by Thank You on 12/16/2011

A great program from a trustworthy company

I was having a lot of bad luck going on in my life-a divorce, cyber stalking, parent who was dying, and neighborhood teenagers' death. I didn't want to go file bankruptcy, so what were my options? I read about a couple on the computer who went to CuraDebt.
So I called CuraDebt and talked to Dayron and he was wonderful! He was very thorough and exp lained the program in terms anyone could understand. If you need to get your finances in order and want to stay on track for life-This is the accreditted company to go with-CuraDebt.

by Ronnie B-R on 10/25/2011

Disclaimer: These are individual results and not to be expected as guaranteed. Results may vary due to debt amount and other factors]

CuraDebt operate in Canada, Puerto Rico and all States in the USA except CO, CT, GA, IL, ID, IA, KS, ND, NH, SC, VT, WA, WI & WV.
Should your State not be included then my #2 choice American Debt Enders is well worthwhile contacting.
See below for more details.

 Debt Relief Company I Recommend As #2 :

My 2nd choice with a score of  8.5 out of 10 is:

American Debt Enders are quite new being established in 2007, based in New York and are making their mark in the best debt relief industry by gaining a good reputation and level of client satisfaction.
They are a member of NetCheck Commerce Bureau.

Their fees are calculated  depending on the debt amount and type of program selected,  debt management or debt settlement.
They explain fees when you arrange a no obligation consultation,  which includes what is the best option for you to achieve the best debt relief.
You will find their counselors are friendly and most helpful.

 Provided  your unsecured debts are over $10,000 their Debt Settlement plan will almost certainly be the best option for you.

Their Debt Buyers purchase your debt from creditors at a settled price. Then you pay the debt buyer in easy low and affordable  monthly payments.

American Debt Enders also have other options like Debt Management and Debt Consolidation where they may be able to help you if your debts are under $10,000, but total $5,000 or more.

I rated CuraDebt a little higher than American Debt Enders as CuraDebt has an advantage due to their large client volume and the high dollar amount of debt they negotiate at any one time,  they guarantee their results and have the debt negotiating ability to consistently get their clients the best debt relief.

However CuraDebt currently don’t operate in all States, so American Debt Enders are certainly the #1 choice where this is the situation.

American Debt Enders  website is excellent with a lot of  information provided on their best debt relief options.
Ask questions on anything you are unsure of as they will really help,  and ensure you know the total cost for whichever program you are considering.

To instantly visit their website  click on the banner below;

 

My 3rd choice with a score of  7 out of 10 is:

 

Debt Options  are not the cheapest of debt relief companies but they do give excellent service.
It is because of this service I recommend them as a viable option to CuraDebt  or  American Debt Enders should either be unable to help you.

The Debt Options website seems  short on information but in the bottom left corner is a small link called  site map   which opens up a range of valuable information not showing when logging on.

While Debt Options offer a range of best debt relief options they have two main programs:

•  Debt Consolidation  can potentially reduce your debt payments up to as much as 35%.   Debt Options will work to reduce your payments so you have just one monthly payment you can afford which they then pay this to your creditors on your behalf, but only if they receive your payment by the due date.

•  Debt Settlement.  Their negotiators  negotiate your outstanding debts with your creditors so these are  reduced  to an amount you can afford to pay each month,  with the aim you become debt free within 24 to 60 months..

. Fees.  Their fees are calculated on the amount of debt plus how many creditors you have.

Debt Options is a member in good standing with the Better Business Bureau (BBB) of Southeast Florida, a good mark for the company.

 

To visit the  Debt Options website  Click Here

Best Debt Relief Summary.

To people coming to this site looking for a way to get the best debt relief they can I trust I have been of help.