Credit Card Debt Relief Helps Stop Foreclosure
There are some great debt relief Florida programs in place to help people suffering from overwhelming debt burdens. This family is a prime example of what is happening across the country because of the slow real estate market and general recession at this time (Fall of 2008). As congress struggles to bail out the banks and get credit liquidity back in place, ordinary citizens are suffering by loss of jobs and loss of business. This family has a business which services the Realtors and builders, but because this industry is suffering, it has the trickle down effect negatively impacting many other small businesses. Because of loss of income, they were late on some credit card payments which raised all their credit cards to an unmanageable level. Making the minimum payments and paying the mortgage along with other basic living expenses has become impossible. With the help of Fresh Start Law Group’s personal attorney-assisted negotiation, this family is now on track to pay off their nearly $100,000 debt in 50 months. After contacting Debt Negotiation Florida and consulting with the attorney, the client will have a new affordable monthly savings payment and will be reducing their debt amount by about 58%. They will now have a better chance to keep their home and not go into foreclosure.
