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The moment you identify a potential problem with your finances you should act immediately. It is important to become aware of all of your alternatives while you are most likely to have them available to you. Most of our clients are people with good credit that life threw a curveball to. Our top priority is helping them find a solution that will preserve the good credit they have worked so hard for. After your review via our "I have good credit. What do I do?" service, if the option to preserve your credit isn't plausible, we will help you identify your solution and explain in detail the pro's and con's that are associated with it.
Whether your solution is a reduction in interest rates, creating payment plans, obtaining the cooperation from your creditors for deferments, or the exit strategy of debt settlement. We have your do-it-yourself needs covered. We can teach you step-by-step on how to gain the cooperation that you need. Please refer to our services page for more information.
If for any reason, at the conclusion of your appointment, you feel that you didn't gain any value or are otherwise not satisfied, we will refund 100% of our fee.
This is our specialty. When we did offer a Debt Settlement service this was the only way we would do it. The majority of our Lump Sum clients obtained their funds to settle through their family, 401k, IRA, or equity in assets.
You don't want to access your 401k or IRA until the negotiations are complete. You want to coordinate the due dates for your settlements accordingly. We advocate borrowing from your 401k or IRA. Borrowing just makes more sense. If you borrow, you don't subject yourself to penalties or taxes. In addition, you pay your 401k or IRA back with interest. When you cash out, you may be liable for taxes and penalties. You will also sacrifice the amount you cash out from your retirement. Cashing out is a decision not to be taken lightly.
92.8% of all enrolled accounts have been settled or entered into a payment arrangement. This data spans from 2002 - 2007. The average settlement percentage in the below chart does not account for our fees. The overall average settlement percentage with our fee included is 53.12%. The breakdown is as follows:
Please review our additional statistics below:
Please visit our disclosure page. Debt Relief A La Carte recommends that you only negotiate on your delinquent
accounts that are 90 days late or greater. The purpose behind this
perspective is to ensure that you do not impair
any of your currently positive credit. If you have good credit, we strongly suggest looking into our I have good credit. What do I do? service. Please visit our disclosure page for additional information. Unsecured accounts. Unsecured,
represents an account that you have, which is not secured with collateral.
Such accounts being medical, credit card, installments, lines of
credit, collections, deficiency balances on repossessed
cars, or deficiency balances on foreclosures. You pay your creditors directly. Once a settlement has been reached,
your creditor will provide you with a settlement letter, which outlines your
financial arrangement. These letters will simply explain, once
you have paid the agreed upon amount, your account will be settled
in full and will have a zero balance. The only funds paid to Debt Relief A La Carte are our fees. Absolutely! Please feel free to call or email us with any questions. |
