Debt Settlement Program

Our negotiators can resolve the battle between you and your creditors. By negotiating on your behalf we make sure we get you the best settlement, which is affordable within your budget. Our goal is to get you the fastest debt relief possible, so that you can focus on rebuilding your life financially. In addition, the creditors are satisfied by getting paid on the account, which allows them to avoid the massive cost of time, money and human resources involved in collection efforts. What are the results? We alleviate you of your debt burdens, you avoid the hardships of bankruptcy, and you are debt-free!

Debt settlement is a legal and legitimate way of solving your debt problem without the need for bankruptcy. Naturally, the whole process will require your patience and cooperation, but upon completion of the program, you will benefit from a more prosperous future.

The Debt Settlement Program Benefits:
· REDUCE up to 75% of your debt
· AVOID bankruptcy
· END undue stress
· STOP creditor harassment
· ELIMINATE your debt the fastest, safest way possible
· REBUILD your financial foundation
· KEEP control over the entire process
· MAINTAIN privacy over your financial affairs

Get out of debt faster than you thought possible.
Debt settlement nothing like debt consolidation companies who just simply provide new loans for you, the Financial Independence & Resource Education debt settlement program will negotiate settlements with your creditors for pennies on the dollar. Debt settlement allows you to pay back a fraction of what you owe as soon as possible without making another loan.

Budget less money each month for your debt.
Entering our program immediately makes an impact on the amount of dollars that you will save in your pocket each month. Our program frees up money to help your cash flow. Your monthly payments, after a settlement are typically less than what you were previously paying, you can keep more of your hard earned dollars for yourself and your family while traveling on the road to debt freedom!

Smarter than Bankruptcy or Debt Consolidation.
Our program helps you, where as debt consolidation only helps your creditors. When you enter a debt consolidation program, your creditors are assured of getting all of their money, regardless of how much extra interest they charge you. By having us engage in debt negotiation on your behalf, you can avoid the long ten-year black mark of bankruptcy on your credit and the high cost of debt consolidation.

Regain control of your finances with debt settlement.
Once Financial Independence & Resource Education provides’ debt settlement negotiations for you, the anxiety that is related with your debt troubles will be cured. This program assists your family and yourself regain control of your finances. When you have completed our program you will be debt free and ready to build a new financial future.

Financial Independence & Resource Education is committed to providing the highest level of customer service. The success of our debt settlement program rests solely on the relationships we build with our clients. These relationships are built on trust, understanding, and mutual respect. We lead our clients through the web of overwhelming financial destruction onto the road of financial freedom.

1. Paying creditors as originally agreed
On a $4,000 debt the minimum payments are approximately $150 a month. Only 8 to 10% of that payment is actually going towards the principal balance. The rest is going to interest and fees. At the end of the year approximately $1,500 has been thrown away. After looking at the balance, it is probably still close to $4,000. At this rate it will take 5 to 7 years to pay it off. With interest, the $4,000 debt ended up to total approximately $16,000.

2. Bankruptcy
Every year, over one million Americans’ file bankruptcy. The pressure from collection agencies is what brings forth this enormous figure. When bankruptcy is filed, no one wins. The bill collectors will receive no money and your credit will be scarred for a whole decade! Your bankruptcy discharge can also appear in public court records up to TWO DECADES.

In addition, bankruptcy can affect you when trying to purchase a home or car, finding a job, obtaining insurance, or getting security clearance. In addition, depending on which bankruptcy you qualify for (Chapter 7 or Chapter 13), the courts may force you to make payments to your creditors which may require you to pay back a portion of the debt with interest. You should only consider bankruptcy as your LAST OPTION!

3. Debt Consolidation Loans
Statistics show that about 80% of people who apply for a debt consolidation loan find themselves digging themselves into a deeper debt. The philosophy is simple:
IT IS IMPOSSIBLE TO BORROW YOUR WAY OUT OF DEBT!!!
Debt consolidation loans do not reduce the amount you owe; instead, you end up paying back 100% of the loan plus interest. All you are doing is exchanging one debt for another at a lower interest rate. When applying for a debt consolidation loan, you will be asked to secure the loan against some form of asset (collateral); usually a house or car, but this transfers your unsecured debt to a "secured" loan, which put your possessions at risk! Numerous loans are consolidated into a home equity loan that is stretched out over a 30-year period! What would happen to your property if you had future financial difficulties? The majority of people who enter a debt consolidation loan program neglect to cancel their credit cards after they have been paid off, so it leaves them with a new source of spending power. Before they know it, people are over the limit and in debt once more! Statistically, 65% of people who use debt consolidation loans to pay off their debts will go over the limit on their cards again. In the end, not only do they have to pay back the consolidation loan, but the credit cards again as well. They unknowingly double their debts!

4. Consumer Credit Counseling
Although they claim "non-profit" status, Consumer Credit Counseling programs work much like a collection agency. Their credit counselors get paid an average commission of 12-15% of the amount they collect for the creditors. In addition, they can charge you a monthly program fee ranging from $15-$40. Today the word, "non-profit" is nothing more than a filing status for the multi-billion dollar credit counseling industry. In fact many of these "non-profit" counselors employ very high-paid executives. The benefits you can expect to receive through credit counseling are; prearranged figures with creditors to reduce your interest rate and minimum payments. The average minimum reduction is 8%. However, some creditors will not go below 20% and some refuse to participate in these programs. All of your credit cards will also be cancelled and you will need to pay 100% of the full debt amount, including interest, late fees, and over the limit fees! Unfortunately there's more. Your new monthly payment through credit counseling is generally higher than the original minimum payments on your accounts. Can you manage paying a HIGHER monthly payment when you are already struggling to make ends meet? These programs can take about 5 to 7 years to pay off your creditors. However, statistics show that 79 out of 100 people that enroll in these programs drop out before they complete them.

5. Debt Settlement
Finally, a more sensible approach that can affordably, safely, and quickly ELIMINATE your debt nightmare! Financial Independence & Resource Education can offer you the most logical solution: It's called Debt Settlement.