Whether it’s a broken water heater, an unexpected medical bill or a car wreck, emergencies happen to everyone. But a startling number of Americans are unprepared to cope with them, money-wise.
Citizens Debt Relief was founded by citizens for citizens with the intent of one on one attention. If you are struggling to continue making minimum payments or have been unable to make several recent payments, the Citizens Solution may be exactly what you need to get back in control of your finances.
Call us today and discuss your options with one of our debt specialists to evaluate if a debt resolution program is right for you.
A credit counselor reviews your financial situation, sets up lower interest rates with your creditors if possible, and creates a structured plan for you to follow.
You take out one loan to pay off multiple debts. This loan can have a lower interest rate than your debts. You make fixed monthly payments on until the loan is paid off.
You must work with a mortgage lender. You refinance / take on an additional mortgage. More cash borrowed beyond the mortgage balance. You use that money to pay your debts.
Working with a company, you make monthly deposits into an account. The company works with your creditors to accept less than the debt owed. That amount is then paid to creditors, from the account you deposited into, until the debt is resolved.
A full legal process. All assets are evaluated and used to pay off your debts. Chapter 7 and Chapter 13 are most common options used by individuals. Once bankruptcy is complete, you are relieved of the debts you had before filing for bankruptcy.
You research and determine the exact payments required for each debt and track your progress over time.