Debt Settlement Services Can Provide Financial Relief (Dallas, TX)

Got debt?  America Debt Resolution can help you reduce your outstanding balances without having to resort to personal bankruptcy or debt consolidation schemes.  1.877.350.3328

America Debt Resolutions is a debt settlement company. We specialize in helping consumers craft debt settlement programs  to deal with unmanageable debt loads. Headquartered in Dallas, Texas  we proudly serve clients on a national scale.

Our directors and managers each have over a decade of finance industry experience including mortgages and financial planning.  To provide the best possible results for our clients, our consumer credit industry experts maintain a cooperative relationship with the creditors.

We're a dedicated team of skilled professionals committed to serving you in a caring and highly effective manner. At  America Debt Resolutions we value the relationship of our clients and creditors. We're adamant about keeping to the negotiated arrangements as this puts America Debt Resolutions in a position to give our clients an affordable program that they will complete and become debt free.

Certified Debt Arbitrators: Debt arbitrators are all certified debt arbitrators from the International Association of Debt Arbitrators.

Negotiation Guarantee: If we are unable to negotiate a debt settlement for an enrolled account, we refund an amount equal to the service fee charged on that particular account balance at initial enrollment.  The initial enrollment fee is non-refundable.

Your Options

Option 1 - Debt Settlement

Debt settlement services is the quickest and least costly option to get out of debt without filing bankruptcy, but having said that it is still one of the biggest decisions to put forward.

Option 2 - The New Bankruptcy Law

Prior rules had people who filed under Chapter 13 had to dedicate all of their disposable income -- what they had left after paying their actual living expenses -- to their repayment plan. Unfortunately the new law requires you to cover all your bases: Although Chapter 13 filers still have to hand over all of their disposable income, they have to calculate their disposable income using allowed expense amounts dictated by the IRS -- not their actual expenses -- if their income is higher than the median in their state these expenses are often lower than actual costs.

Not all debts can be discharged through Bankruptcy.

Please review this list:

• Debts resulting from fraud
• Alimony
• Fines from traffic tickets or debts that result from criminal negligence
• Debts from willful or malicious injury to another person or their property
• Child Support
• Credit card, personal loans, and installment purchases made within 40 days of filing.
• Student Loans (Currently, student loans cannot be discharged unless the individual passes an undue hardship test. The individual has to prove that they made good faith efforts to repay the loan and prove that they cannot maintain a minimal standard of living if you were forced to repay the loan)

Option 3 - Debt Management

Debt management companies and Consumer Credit Counselors get paid as long as your are enrolled in their program. So, it is in there best interest not to get you debt free the quickest. They want to force consumers to pay as much money as possible to your creditors.

Certainly, they may help lower your interest rate a few points, or eliminate a late payment or two, but the credit card companies are pleased to do this when they know you are going to keep making payments that America Debt Resolutions could have negotiated away for pennies on the dollar.

After all is said and done many lending institutions consider this management as a Chapter 13 and also on your credit for 10 years.

Option 4 - Debt Consolidation

Debt Consolidation is the substitute of several loans with a single loan, often with a lower monthly payment and a longer repayment period. Also known as consolidation debt settlement, or  a consolidation loan.

The FTC defines Debt Consolidation as: You may be able to lower your cost of credit by consolidating your debt through a second mortgage or a home equity line of credit. Remember that these loans require you to put up your home as collateral. If you can't make the payments - or if your payments are late - you could lose your home.

Source: Federal Trade Commission, "Facts for  Consumers"

Option 5 - Hope Things Get Better and Do Nothing

This is the easiest solution for all, but it is not sensible one. The only way one can change a situation is by acting upon the problem.

If you're barely able to pay the minimums each month, that's a sure sign you're already in danger. And if you've borrowed from one card to make payments on another, that's a recipe for financial cancer. Procrastination adds fuel to the fire. The problem will not get better on its own, and you cannot expect sympathy or understanding from your creditors.

Why don't you pick up the phone and call us right now. Let's schedule a few minutes to review your situation and help you find the light at the end of the tunnel. 1.877.350.3328