Little-known ways to cancel debts, protect assets, multiply wealth, create leveraged residual income & more.
WE HAVE MULTIPLE PROVEN PROGRAMS CREATED TO HELP YOU MAKE AND KEEP YOUR MONEY
Before you settle, understand how settling a debt affects you, financially.
Why negotiate, consolidate, reduce, settle or pay off your loan or credit card debt,
when you can legally CANCEL it without bankruptcy?
-Undefeated since 2002
Avoiding payments, ignoring creditors, and other violations of your terms and conditions can damage your relationship with creditors and land you in hot legal water.
The National Foundation for Credit Counseling warns that debt settlement can really damage your credit score. "Payment History" and "Amounts Owed" are the two most important scoring factors, and both are hit hard by debt settlement.
The TASC cites a debt settlement completion rate of 45%. However, many financial experts argue that the real rate is much lower, potentially in the 20's or less.
A 2009 look at The Association of Settlement Companies (TASC) showed average annual fees of $2,930 per consumer.
There isn't much room for error. Miss a payment, and you might just lose all of the money that you've already given the agency.
Forgiven debt of any amount greater than $600 will be treated as taxable income, meaning that you will have to pay in April.
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