Alabama Debt Relief Help has been around since 1994 and has been helping people get out of debt for a long time. The company also offers other services like financial counseling,debt settlement,budget planning and many other things to help individuals get out of debt quickly. The company does not charge a fee to their clients,but they do receive a percentage from the credit card companies they negotiate with. These percentage percentages vary based on the individual case. You can get free consultations and financial reports from the company. They will ask for some information from you like your income,employment,assets,and your debt history. Once this information is gathered,it will help the staff to find the best option for you and your situation.
Debt settlement is one of the fastest methods of eliminating credit card debt because the negotiation process is done in a court system,so the interest rates are lower. Another benefit to debt settlement is that your debt does not have to be repaid in full. Most of the time,the amount of money you have to pay can be reduced by up to 50% and you will still owe less than what you owe. When you use this method,you will still need to pay regular monthly payments to the company that has made the settlement. The only difference is that your debt is much smaller and you will be able to pay it off faster.
Debt negotiation is something you can use on your own but it will take a lot more work on your part than just hiring a company to do it for you. It can be very expensive to hire a professional and it is also very stressful for you if you don’t have a clue about the process and how to go about it. You should consult with an attorney first so that you can make sure you are doing this the correct way and that you don’t end up making more problems than you started with.