You do have choices!
BANKRUPTCY
One of the more popular debt relief options is Bankruptcy. Many people don’t feel comfortable filing bankruptcy because they would be marked for life or it would be detrimental to their career.
But keep in mind that in 2005, the banks lobbied Congress to make it much more difficult to file Bankruptcy and walk away from your debts. In fact, if you have an income, it may be impossible to wipe the slate clean with bankruptcy.
CONSUMER CREDIT COUNSELING
Another option is Consumer Credit Counseling.
There are 2 main downsides with this choice:
- Firstly, they tend not to give you a break in the amount you owe.
- Secondly, participating in a DMP is viewed as a negative item on your credit report that many lenders view much like a bankruptcy.
DEBT SETTLEMENT
Another option for your debt relief is called Debt Settlement. It’s one of the more popular options when you want to do the right thing, you don’t want a public record of Bankruptcy and you want the opportunity to pay LESS than you owe.
Debt Settlement is an aggressive approach to debt relief where your creditors receive a smaller but equitable share of their money over time due to a demonstrated financial hardship you have experienced. Debt Settlement plans last anywhere from 1-4 years.
Global holdings llc
OUR ESCROW PROVIDER
Our industry has very few key players that have not only a great reputation but go above and beyond for the end user meaning you the client. Not only do they set you up with access to your account but they are reachable at anytime and willing to help.
Why Global?
In one phrase, "They Got It Right The First Time"!
They have award winning management and customer service staff that go above and beyond on a day to day basis. This is why we choose to do business with them. For the last 17 years a lot of companies come and go but, The real ones that put customers above profit are the key leaders who not only pioneered this industry but will continue to do so for decades to come.
Global Holdings llc. is an independent third-party payment processor for debt settlement companies and their consumers. The company provides and manages dedicated accounts that allow consumers to save funds and use them to pay their debts with the help of a debt settlement company.