More On Why Debt Settlement May Be Your Answer

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More On Why Debt Settlement May Be Your Answer

Recently the following article appeared in the Boston Globe. Reworked Mortgages Not Working. My experience tells me that many people who enter into workouts with their mortgage lenders, are not addressing the fact that while this may be a good beginning, it is only a first step. Credit counseling with individuals who have done workouts, I have learned that many of them are simply not interested in going beyond that point, even though they are saddled with big credit card debt. Many, do not want to give up their credit cards, even though those cards with their big interest and accunulated late fees, will put them right back behind the eight ball.

A fact born out by the statistics cited in the Boston Globe article. If you have done a workout or are in the prcess, and have unsecured debt that may be getting out of control, you are doing yourself an injustice if you do not speak with a credit counselor to learn what options may be available to you to reduce and eliminate your debt. Failing to do so, may land you back in the same place.

If you would like to speak with a counselor please feel free to visit: American Debt Enders

You can call us or email us to get information with no obligation, we will discuss all of the options available to you including but not limited to debt settlement, debt management, and budgeting help.

Written By
Steven Ciantro
Member National Association of Credit Counselors
American Debt Enders
877-766-2465

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