Don't have an account? Sign Up Now. It's FREE!
....
Reduce the actual amount you owe
Get out of debt quickly
Get a free consultation
Avoid bankruptcy
Homeownership not required
First Name:
Last Name:
Debt Amount:
State:
Home Phone:
Cell Phone:
Email:
 
Welcome to DestroyDebt.com – the website and community for all your debt consolidation needs. Whether you are seeking help with your credit card debt, taxes, mortgage, or student loans, you can find the answers, solutions, and tools at DestroyDebt.com! Just submit a form for 100% free debt consultation now.

Debt Help for Credit Cards, Medical Bills, and Other Unsecured Debt

The type of assistance you require will depend mostly on the type of accounts you owe and your specific situation. For credit card debt and other unsecured bills like collection accounts, personal loans, and hospital bills, you can choose from the following options:

Debt consolidation programs: Also known as credit counseling, these are payment plans typically offered by non-profit agencies that aim to lower your interest rates and have you debt free in four to six years. As an initial first step, your counselor will do a budget analysis and determine whether your can your debts back yourself or if a debt management plan (DMP) is more appropriate for your situation. Simply fill out a form now for a free consultation!

Debt relief companies: Another option that is available for people is debt settlement. These services aim to settle your debts for less than you owe and when successfully completed, it is possible to get out of debt in as little as 12 to 36 months. The savings potential in debt settlement is more substantial than credit counseling, but there are other risks associated with this option, such as a likely credit score hit and the potential that one or more of your accounts won’t settle. To speak with someone more about this option, submit a form now! Get absolutely free and useful advice today!

Filing Bankruptcy: A last resort for many consumers, bankruptcy is certainly an option. Keep in my mind, however, that Chapter 7 bankruptcy stays on your credit for at least 10 years, and although Chapter 13 only stays on your credit for seven years, you still have to pay at least part of the debt back to your creditors. The advantage with filing bankruptcy of course is that you can eliminate your debt completely and for less than your other options for debt help.

Debt Consolidation Loans: With this option, you take out a loan, presumably at a lesser interest rate, to pay off all your other bills. Usually consolidation loans are taken out against some piece of property, most often your home, through a mortgage refinance or home equity loan, but there are unsecured consolidation loans, although they typically come with a higher interest rate.

Get Out of Debt Yourself: Getting out of debt on your own involves preparing a budget, setting a goal or timeline for when you would like to be debt free, and then making the necessary sacrifices to ensure it actually happens. For those who have manageable debt loads, but just need to be better disciplined about paying off their credit cards, doing it yourself is always the advisable solution.

With all these solutions to choose from, why not talk to a company who specializes in these areas about how you can get help?

Submit a form now and let DestroyDebt.com match you today!

Or visit our web forums and find answers, ask questions, or get involved with a large community of people with the same goal as you – to get out of debt!

RSSSubscribe to:
Destroy Debt Articles
Talk to a Debt Consultant
First Name:
Last Name:
Debt Amount:
State:
Home Phone:
Cell Phone:
Email:

With more people struggling to pay their debts, there is an increase in the number of people who are looking to “settle” their debts with their creditors. A debt settlement is a process in which an individual, or a company acting on behalf of the individual, contacts their creditors to request a settlement amount that is less than the total balance owed. It is not unheard of for a successful debt settlement negotiation to result in the individual paying less than half of the total amount owed to fully repay their obligation to the creditor. [ READ MORE ]
Debt Articles
April 15 is just a few days away – have you filed your tax return yet? If not, you need to get yourself in gear and take care of it as the deadline is April 15th. Even with a rapidly approaching deadline, there is no reason to panic. Here are a few last minute tax tips for all the last minute tax filers: [ READ MORE ]
According to the Federal Trade Commission, a debt collector is any company or person with the business purpose of collecting debts that are owed to others. Debt collectors may be collection agencies, companies that buy debts from other businesses and then attempt to collect the money, and lawyers who collect debts regularly. The FTC is a consumer protection agency that is responsible for enforcing the Fair Debt Collection Practices Act. Under this act, consumers are protected against collectors using abusive, deceptive or unfair practices in their efforts to collect money from you. [ READ MORE ]
Just when you think you've got the calculation of credit scores figured out... you discover that credit companies can actually hurt your credit score – and it's not what you are probably thinking. Of course, if you don't make your payments on time, a creditor can report you as 30, 60, 90 or 180 days late which will eventually decrease your FICO score, particularly if you make a habit of making payments late. But creditors can also decrease your credit score through no fault of your own. [ READ MORE ]
Everywhere you look there are guides for getting out of debt and step by step processes you can follow to help you get your finances in order. On DestroyDebt.com, we've given a number of methods for getting out of debt, along with the step by step details – in this article, we're going to give you a number of TIPS to eliminate debt. They aren't in any order, and it's not a step by step guide, but you should find ideas for getting out of debt here [ READ MORE ]
There are a number of online tax software advertisements that tell you that you can file your federal tax return for free.  You sign up for an account, fill in all the information to file your taxes and find out at the end that you have to pay to file, or pay to use the software, and there is nothing more frustrating than spending a couple hours preparing your taxes (thinking you can file for free) only to find out you've got to pay to complete it! [ READ MORE ]
The $787 billion stimulus package passed in February included a new $8,000 tax credit for first time home buyers. Can you claim it? The First-Time Homebuyer Credit Form 5405 from the IRS helps answer some of the questions regarding eligibility for the credit (or not), and is also the form you would fill out and file with your taxes in order to submit the claim at tax-time. [ READ MORE ]
Debt Community
My Briefcase

 
Talk to a Debt Consultant
 
First Name: Last Name:  Debt Amount: State:
Home Phone: Cell Phone: Email: