The truth is that most ads say the word "bankruptcy" to scare you.
The companies that run those ads know how powerful the bankruptcy laws really are...and they want to make sure that you never find out. So they say things like "Avoid Bankruptcy", and because we are all so "hard-wired" to be scared of bankruptcy, that's all it takes.
That is so wrong.
If you can't pay all your bills, bankruptcy may be the answer you have been searching for. If bill collectors are harassing you, nothing puts them under control and stops the calls except bankruptcy. If the repo man is after your car, bankruptcy is the answer. If your house is in foreclosure and you just need some time to catch up, bankruptcy is the only good answer.
These other companies don't want you to know that truth. All they want to do is to sucker you into "debt management plans" you can't afford. That's what they do. That's how they make their money. They will even make promises they cannot keep, like promising to "reduce your debt by 60%" or more.
But...and you need to hear this...the truth is that they do NOT reduce your "debt" at all. All they can do, at best, is to knock your interest rates down a little. With these companies, which are mostly "credit counseling" outfits, you still have to pay all the debt, plus most of the interest.
There it is, the truth. You still have to pay all the debt, plus most of the interest. So you can see why their ads are false and misleading.
And, you know what's worse? In most cases, in our experience, people can't really afford to continue paying all the debt, plus most of the interest. So, why do people sign up for these outfits and these plans? There are at least 2 reasons:
First, because "any kind of saving is better than nothing", right? Wrong. What good does it do to leap from one fire into the next? What good does it do to keep paying when, even with a small reduction in interest rates, you really can't afford the payments?
No one likes to look at their budget. I don't and I expect you don't, but add it up. With all your other bills can you really afford to keep paying on all those credit cards and other unsecured debts, if all you can get is nothing more than a slight reduction in your interest rates?
Second, because people are deeply afraid of bankruptcy, of even thinking about bankruptcy, so afraid that people don't even take the time to find out how it really works or to find out that there is really nothing to be afraid of. Bankruptcy is just Federal law, laws created and designed to help...not hurt...people. If you don't remember anything else, remember this...Debt is your enemy....Not Bankruptcy.
The truth is others promise,
...but only bankruptcy delivers.
If you need real debt reduction, in most cases, bankruptcy is the only answer.
In most cases, if you qualify for bankruptcy, you can reduce your unsecured debt by 100%. Let me repeat that...100%. (See * below.)
Debt reduction is what bankruptcy is all about. It's why bankruptcy was created.
But that's not all.
Bankruptcy can stop nasty creditor calls.
Bankruptcy can put your creditors under control.
Bankruptcy can stop foreclosures.
Bankruptcy can stop the repo man.
And best of all...bankruptcy can give you your life back.
By getting rid of debt, bankruptcy can, in most cases, free up hundreds of dollars per month, and by freeing up hundreds of dollars per month, you get to use that money for other...more important...things, like taking care of your family.
And, wouldn't it be nice to get all that stress off of you? Wouldn't it be nice to sleep through the night again.
Talk about getting a "fresh start" and a second chance to start over.
So, we mean it when we say:
Say 'Yes' to bankruptcy" and
Say 'Yes' to life.
If you can't afford to pay all your bills...
...and want to say "Yes" to life
...you want to find out if bankruptcy is right for you.
You can and you can do so for free.
Just call and set up a totally FREE Initial Consultation.
Just call toll free to 1-888-234-4181.
Want more information about the downside of the those "debt management plans" plans offered by the "credit counseling" companies, and what they don't tell you when you sign up with them?
Want to learn more...lots more?
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THINGS TO THINK ABOUT...
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* The result assumes certain conditions are present, such as that your debts are not co-signed by someone you need to protect and that all your property is protected by available State exemptions.