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Posts Tagged ‘Liberty Settlements’

Liberty Settlements Suggests 3 Ways To Avoid Bankruptcy

In Legal on April 1, 2010 at 4:58 pm

Every week, the experts at Liberty Settlements talk with individuals who are in the throes of severe financial difficulty. Liberty Settlements reports that increasing numbers of citizens are opting to file bankruptcy in an effort to reduce stressful financial pressures but that many choose this solution too early, and sometimes without considering suitable bankruptcy alternatives.

According to Liberty Settlements, several options exist if you do not wish to declare bankruptcy. Typically, the most popular option is obtaining a debt-consolidation loan and using it to pay off all existing credit lines. In other words, debt consolidation means acquiring a new, unsecured loan and using those funds to pay off other outstanding debts.

Liberty Settlements says that an unsecured debt consolidation loan will help you consolidate all your unsecured debt and avoid bankruptcy. Choosing this route may save you hundreds of dollars per month when you use loan proceeds to pay off existing debt – especially if that debt is in the form of high rate credit cards. While many individuals utilize home equity loan funds to pay off or pay down high interest debt, Liberty Settlements points out that it is not necessary to own a home in order to qualify for a debt consolidation loan.

Debt consolidation loans may be repaid over a longer term at lower interest rates, informs Liberty Settlements, and so your monthly repayments are lower. If the loan is collateralized by a home or other real estate, then the interest rate and payments may be even lower, adds Liberty Settlements.

But Liberty Settlements cautions that it’s important to compare the benefits vs. risks of a debt consolidation loan before signing on the dotted line. You may want to seek professional assistance from a debt settlement service like Liberty Settlements. The decision on which option will meet your needs best will depend on whether you qualify for low mortgage rates on debt consolidation loans as well as just how much debt you need to consolidate.

True, says Liberty Settlements, borrowing for debt consolidation immediately eliminates multiple debt bills every month. You won’t receive calls and letters from creditors every week. Your credit rating will not be further damaged, in fact you will probably see it begin to improve. You’ll save money with lower interest payments and once credit cards and other debt is paid off, you have the hope of a new beginning and can create a budget to live frugally and wisely.

Debt consolidation can be a valuable tool, assisting in managing and reducing your debt, especially if you’ve been unsuccessful in doing that on your own. There is no way that you can completely fix bad credit without the ability to reduce debt and pay your bills on time. However, once your debt has reached a certain level, this can seem almost impossible to accomplish.

A credit counselor at Liberty Settlements can provide you with other options, including debt management plans and debt settlement programs. Call Liberty Settlements today for more information at 877-269-0288.

Liberty Settlements | Provides Assistance When Needed | Liberty Settlements

In Legal on August 12, 2009 at 4:51 pm

Liberty Settlements Provides Assistance When You Need It – By Liberty Settlements

Do you feel pinched by your credit card company even after years of consistent payments?  You’re not imagining it, and you’re not alone.  The good news is that there is help out there.  My assistance came in the form of Liberty Settlements of Houston, TX.
When this financial crisis struck the country, people nationwide were caught in a position of unemployment after years of consistent work.  I was one of the lucky ones.  I didn’t get laid off, but I got laid back.  My hours and my pay were cut about 25%.  At first my wife and I worried about making ends meet. I was still paying our basic monthly bills like rent and utilities.  I could still buy groceries.  Then the unthinkable happened.
My credit card company, to address my lost wages – get this – actually hiked my interest rate up!  Next thing I knew my minimum payment was nearly twice what I was used to.  It was only a matter of time before I ended up broke; there was no way to keep up.  I was at the end of my rope.  My phone was ringing off the hook from insistent creditors.  After a few low weeks, I decided I wasn’t going to live like this.
I did some research on the Internet and discovered Liberty Settlements.  Liberty Settlements is a debt negotiation firm that is helping me pull out of the pit of debt my credit card company has placed me in.  Liberty Settlements also relieved me of a lot of stress.  You see, they do the calling and haggling with the credit card companies.  I stop getting hounded.  And while I follow a savings plan, Liberty is negotiating a settlement with my creditors.

Do you feel pinched by your credit card company even after years of consistent payments?  You’re not imagining it, and you’re not alone.  The good news is that there is help out there.  My assistance came in the form of Liberty Settlements of Houston, TX.

When this financial crisis struck the country, people nationwide were caught in a position of unemployment after years of consistent work.  I was one of the lucky ones.  I didn’t get laid off, but I got laid back.  My hours and my pay were cut about 25%.  At first my wife and I worried about making ends meet. I was still paying our basic monthly bills like rent and utilities.  I could still buy groceries.  Then the unthinkable happened.

My credit card company, to address my lost wages – get this – actually hiked my interest rate up!  Next thing I knew my minimum payment was nearly twice what I was used to.  It was only a matter of time before I ended up broke; there was no way to keep up.  I was at the end of my rope.  My phone was ringing off the hook from insistent creditors.  After a few low weeks, I decided I wasn’t going to live like this.

I did some research on the Internet and discovered Liberty Settlements. Liberty Settlements is a debt negotiation firm that is helping me pull out of the pit of debt my credit card company has placed me in.  Liberty Settlements also relieved me of a lot of stress.  You see, they do the calling and haggling with the credit card companies.  I stop getting hounded.  And while I follow a savings plan, Liberty is negotiating a settlement with my creditors.

Soon the credit card company will accept my offer through Liberty Settlements, at a much lower payoff than what I initially owed.  I will pay that settled amount from my savings plan.  My credit rating will survive, and I will be debt free.  I don’t think my wife and I could have accomplished this whole process without Liberty Settlements.

Liberty Settlements | Provides Critical Solutions | Liberty Settlements

In Legal on August 4, 2009 at 4:48 pm

Liberty Settlements Continues to Provide Critical Solutions – By Liberty Settlements

Credit card companies depend on consumers who struggle to pay off  debt.  They actively look for consumers who submit minimum payments each month.  Those of us who survive this way are familiar with the feelings of stress, discomfort, and even shame that this type of usury creates.  Liberty Settlements knows this and they can help stop it.

The market crashed.  Jobs evaporated.  Consumers have less money now than ever.  At this critical moment, credit card companies have chosen to cut throats – our throats.  The throats of the same customers they’ve been generating income from, for years.  They’ve mercilessly raised interest rates and the required minimum payments are now much higher. Unless we know about companies like Liberty Settlements, we will never get the pressure off our lives.

Who can we turn to, the government?  The government bailout may be aiding the banks that run the credit card companies, but it’s not helping the little guy.  The government is not doing a thing that eliminates the pressure of the average consumer.  What about credit counselors?  Credit counselors are going to tell us what we already know, maybe give us some free therapy while we moan about our debt problems, but offer no critical solutions.

It’s time to look into debt settlement.  Debt settlement firms, like Liberty Settlements, provide the same services to individual consumers that have been available to companies for decades – clearing debts.

Liberty Settlements knocks heads with the credit card powerhouses, negotiating a settlement with them on our behalf.  The folks at Liberty Settlements run interference for us, confronting predatory credit card companies.  In turn, this gives consumers elbow room to save some money to satisfy creditors.  By the time Liberty Settlements is done negotiating, their clients will usually pay half or less of what they initially owed the credit card companies.  Voila!  Liberty Settlements provides a real solution.