Having to deal with debt related issues, debt collector harassment, and debt collection lawsuits are things we all hope we never have to deal with. However, like with other setbacks in life, you can recover. There may be different paths to recovery for each type of debt related issue, but there is hope.
The first step is speaking with a reputable professional who can help you review your options, rights, and strategies to get you headed towards a new beginning.
You may have done everything you can to avoid these issues but sometimes life, health, or unemployment issues may have overwhelmed you. Debt issues typically won’t go away without attention and a strategic direction, so even though it may feel better in the moment to ignore them, this may worsen the problem and end up costing you more in the long run. It is best to deal with it head on.
High levels of debt, delinquency, credit card debt, debt judgments, and credit reporting issues limit your choices in life. If a dozen creditors can each take a slice of your income, there’s nothing left to improve your life or bring you joy. You also have limited options on financing, higher interest rates, and the cost of the associated stress of dealing with it all. You have options and protections under the Fair Debt Collection Practices Act, the Fair Credit Reporting Act, and bankruptcy laws.
Your new beginning should include a goal to keep as much of your income as possible and invest in things that generate wealth, expand your opportunities, and ultimately reduce the number of years you’ll have to work. Dealing with your debt is the first step.
Everyone’s financial situation is different and sometimes debt is simply unavoidable. But a debt-free life is achievable and can be rewarding.
Begin attacking your debt today. We can help if you are being sued, need to negotiate a credit card settlement, have a massive amount of debt that is impossible to repay, if you are being harassed by debt collectors, or you feel your rights have been violated.
Your new beginning is possible. Contact us for your Debt Consultation.