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*Why don't I just file Bankruptcy?
With newer regulation bankruptcy options have become progressively harder and more costly. As it is your decision it certainly is the most drastic measure for you to eliminate debt, however bankruptcy may stay on your credit for 7 to 10 years. Bankruptcy can have long-standing effects on your credit and personal life for a long period as well. For some professionals filing bankruptcy will have devastating effects on their career as well. We offer a better alternative.
*Will all my creditors be open for debt settlement?
Your situation is unique and will be evaluated to find the best results for you. Each creditor is also unique. All creditors follow their own rules for settlement of the debts you have with them. While some creditors may be easy for our attorney network to work with there are certainly harder circumstances as well. Our reach and experience will work to your benefit. We have established relationships with many lending institutions and in many circumstances know exactly how they work and what they will settle for.
*Why can't I do this for myself?
It is certainly possible to settle your own debts, however we do not recommend this. We have a network of experienced debt negotiators,attorneys and IAPDA-Certified Debt Arbitrators waiting to settle your claims. With combined experience and knowledge of how to deal with creditors our network will surely benefit you. We are experts in the field and you get most effective results.
*How long does the program take?
Our advisors will instruct you to inform all your creditors of all the debts that you put in the program to correspond with our experienced negotiators and attorney network. All they need to know is that you have retained us or one of our affiliates. All correspondence including any mail received should be forwarded to us. Their information will be provided once your initial evaluation is complete. The experienced negotiators will handle your case from that point forward. All information and correspondence between the negotiators, attorneys and creditors will be available online.
*How will this affect my credit?
We will be the first to admit our program isn't perfect. While paying off your overall debt will most definitely enhance your credit in the long run, when enrolled in our program your credit score may decrease. Toward the end of our program our attorneys will start a credit restoration program to enhance your score. When you become debt free your credit score will most likely be equal or higher than it currently is. Our unique approach will make you debt free and on your way to a better life.
*Can I include my home?
Unfortunately any debt that is secured by real estate cannot be included in our program. However, our affiliate Liberty Loss Mitigation Services helps people who have fallen behind in there mortgage payments. If you are facing foreclosure, have hardship from loss of job, death, accident, or if you cannot afford your mortgage after an adjustment, they can offer a complete solution. They offer solutions to homeowners so that they can retain their home. In many cases, we work with them and keep you in your home with a lower payment.
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