Debt Settlement Program a Popular Alternative to Bankruptcy

August 06, 2007 (PRLEAP.COM) Business News
Consumer Recovery Network (CRN) is announcing a variety of Debt Settlement Programs are now available to give consumers an alternative to bankruptcy for eliminating credit card debt. Today’s consumer is finding that having knowledge of bankruptcy laws along with comparing the advantages of negotiating a settlement (of debt) with creditors provides individuals more flexibility to control their financial futures.

“Bankruptcy is not the best option available to the majority of consumers. Indeed, filing bankruptcy should only be considered as an absolute last resort” asserts Michael Bovee, President of Consumer Recovery Network. “It is especially important to consider all of your options before taking action when, ultimately, that action may affect you many years from now. Debt Settlement provides the ultimate flexibility. Bankruptcy has absolutely no flexibility. In a chapter 13 Bankruptcy you are told what you can live on and that is it.”

Advantages of CRN’s Debt Negotiation and Settlement Services vs. Bankruptcy

* With debt settlement you determine your living expenses. With bankruptcy, court is in control.

* With debt settlement you control how quickly you are rid of debts. Bankruptcy takes a standard 5 years to complete.

* With debt settlement, your finances are a private matter. Your bankruptcy will be made public.

* Negative items remain on your credit report for 7 years with settlement. A bankruptcy remains on your credit for 10 years. It may effect you even longer for certain employment and loan qualifications.

Debt Settlement Programs Available:

Gold – Designed to handle multiple credit accounts to maximize savings. $1050

Silver – Best for individuals having fewer troubled accounts (offset by other accounts in good standing) to accomplish immediate credit worthiness goals. $650

About Consumer Recovery Network:

Consumer Recovery Network is a debt settlement company specializing in effective debt settlement and negotiation services and do it yourself debt settlement products. Call 1-800-939-8357 or visit ConsumerRecoveryNetwork.com to start eliminating your debt today. Contact us and get the best debt settlement with your creditor, avoid bankruptcy and get help with nasty creditor calls.