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A Senior Debt Analyst will contact you to provide a FREE Debt Evaluation, or you may contact us at 866.330.3328.

 

                                             Debt and Credit  

We're here to help you!                

Eliminate your debt and repair your credit with TrueDebt Solutions, Inc. Call for a FREE debt analysis 866.330.3328! 

 

Benefits: 

  • Stop collection calls
  • Eliminate up to 75% of your debt & Avoid Bankruptcy
  • STOP Foreclosure through Loan Modification Program
  • Improve credit score
  • Free Credit Repair - 100% Guranteed
  • Free Credit Report www.annualcreditreport.com

Credit Score Range by TransUnion, Equifax, and Experian
Excellent 750-850
Good 660-749
Fair 620-659
Poor 310-619

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We Can Settle                                          Not Eligible Debt

  • Credit Card Debt                                  *Student Loans
  • Medical/Hospital Bills                           
  • Dept. Store Credit Card                        *Car Payments
  • Oil Gas Credit Card                             
  • Autos (Repos)                                        *IRS Taxes
  • Local Merchants
  • Past Due Utility Bills
  • We offer Foreclosure Prevention

Debt Solutions: Become debt free within 36 months with our debt solutions, and avoid bankruptcy by negotiating unsecured debt.  Our team of debt negotiators can help you through this debt solutions process, and help you become completely debt free of credit card debt.  Most importantly, we can educate you on how to eliminate your debt problems. With our debt solutions strategy you can become free of credit card debt within 36 months. TrueDebt Solutions, Inc.  can eliminate your unwanted debt effectively in 6-36 months with our expertise in negotiating unsecured debt.  We coach, guide, and help you by managing debt, collections calls, and teach you how to handle your budget.  Learn more about FDCPA (Fair Debt Collection Practice Act).

Debt Settlement is a program that involves a debt negotiator to speak with your creditors.  This dedicated specialist will work with your creditors on your behalf to obtain an amicable offer to resolve your credit card debt, medical bills, hospital bills, and/or personal loans.

Credit Card Debt Consolidation is a program which is used to consolidate your bills into one monthly payment.  It takes 5-7 years to complete because you are required to pay 100% of the principal at a reduce interest rate.  Other names associated with debt consolidation are Consumer Credit Counseling Service or CCCS, and are Non Profit which fall under 501c status with the IRS.  Debt consolidation statistics find that about 70% of people, who obtain a debt consolidation loan, find themselves in deeper debt than they were originally within a two year period.  If you start missing payments on a debt consolidation loan, you stand to lose the assest (usually your home) that the consolidation loan is secured against. Keep in mind that majority of individuals looking to go with debt consolidation companies do not qualify for a debt consolidation loan due to the fact they don't have any possession of value to their name.

Why creditors are accepting debt settlement.

COLLECTIONS INDUSTRY STATISTICS
What happens when there is a delay collecting accounts?

Current Account: $1.0
3 Months Overdue 0.90
1 Year Overdue 0.47
2 Years Overdue 0.12
Cash flow is the engine that drives businesses large and small. Delinquent accounts are the brakes that bring companies to a screeching halt. The economic exigencies of recent years has pushed many companies to extend the time they will permit an accounts receivable to age prior to instituting formal collection efforts. Based on a survey of members of the Commercial Collection Agency Section of the Commercial Law League of America (CCAS), and information supplied by the U.S. Department of Commerce, this "loosening" of payment requirements may be severely impacting on companies' cash flow and bottom line.

According to the survey results, the probability of full collection on a delinquent account drops dramatically with the length of delinquency. For example, even after only three months, the probability is that you will collect only $.90 of each dollar delinquent. After six months, only $ .67 of every dollar will be collected. And after one year, the best expectation is that only $ .46 of every delinquent dollar will ever be collected.

The results of the surveys clearly demonstrate the critical importance of taking positive action when an accounts receivable ages past its due date.

The chart below (updated on 7/25/2001) is based on the combined experience of the members of the Commercial Collection Agency Section of the Commercial Law League of America.

The chart graphically illustrates the critical importance of taking early action when an account receivable goes past due as, even after only three months, the probability of collection drops to 73.1%, and after six months to 50%. At one year past due, there is a 75% chance that the delinquent account will never be collected.
TrueDebt can help you decide which debt solution program is better for you:  Debt Elimination, Debt Consoldiation, Debt Settlement, Bankruptcy.  For more information contact us at 866-330-3328.

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Disclaimer: TrueDebt Solutions, Inc. does not provide legal, tax, or investment advice. If a client needs legal advice, legal expertise, or needs to make court filings, they must seek the advice of a licensed attorney. Individual program results may vary.

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