WARNING! Most companies offering Credit Repair are scams.
Want proof? Here is what the your Federal Trade Commission says on its website:
"Everyday, companies nationwide appeal to consumers with poor credit histories. They promise, for a fee, to clean up your credit report so you can get a car loan, a home mortgage, insurance, or even a job. The truth is, they can’t deliver. After you pay them hundreds or thousands of dollars in fees, these companies do nothing to improve your credit report; most simply vanish with your money."
So...what do you do?
If you want to fix your credit...you may want to think "bankruptcy". Yes...bankruptcy...and here's why.
Most people think that filing bankruptcy will hurt their credit.
That make no sense at all. Just think about it.
If you're credit is already messed up, maxed out, or dead
....how can bankruptcy can't hurt it?
Want to know a secret?
The truth is that filing bankruptcy can actually help you fix and rebuild credit.
Here's the proof:
It goes without saying that if you can't pay the debts you have, nobody in their right mind is going to give you another loan or additional credit. So, if you want to put yourself in a position to get more loans and credit in the future, you first have to put yourself in a position where you can afford to make the payments on those additional loans and additional credit. Putting yourself in a position where you can afford to make the payments on additional loans and credit makes you look more attractive to future banks and other lenders.
To do this, you have to get rid of some of the debts you already have.....in the fastest way possible. You have 2 options: You can keep paying on your debts, but with interest eating up most of your payments, this can take years and what may seem like a lifetime. Even worse, if you can't even afford to make the minimum payments on those debts, while still paying all your other monthly living expenses, it stands to reason that you will never get out of debt.
The other alternative is bankruptcy.
If you are a good, honest, hard-working person, filing bankruptcy releases you from certain types of unsecured debts. If, for instance, you have substantial amounts of credit card, medical or other types of unsecured debts, filing bankruptcy can help you get rid of a huge amount of these debts, the same debts that are keeping you from getting more credit. And, the more of these unsecured debts you have, the more debt you can get rid of, in most situations. In straight bankruptcy, under Chapter 7 of the U.S. Bankruptcy Code, filing bankruptcy this means you can get rid of these unsecured debts in as little as 3 or 4 months. And, believe it or not, this is debt you will never have to pay back. You are released from this debt forever.
Lots of advertisements will promise to get you out of debt without making payments, but you know what they say. "If it's sounds too good to be true, it isn't." Most of what you hear are just scams, but NOT when it comes to bankruptcy.
Bankruptcy is the real deal.
The bankruptcy laws were created by your U.S. Congress to help good, honest, hard-working people...just like you...get out of debt, and these laws have the full weight of the U.S. Government behind them.
The bottom line is this. If getting rid of debt is what you need to do to start rebuilding your credit...... bankruptcy may be the answer for you.
Others ads promise and promise and promise.
But...only bankruptcy delivers.
Call today for a FREE Debt Consultation.
Call toll free 1-888-234-4181.