Long Term Repayment Plan
Prequalification Questionnaire
Presented by:
debtworkout.com
Award winning site for debtors by Attorney Mory Brenner
See if your situation fits with the long term debt consolidation / discounted settlement program by clicking on your answers to the questions below or click here to learn more about the program. Please note you may fill out the forms and receive a free consultation if you answer "no" to some of these questions, but you should read the comments provided for your "no" answers first.
Prequalification Questionnaire
Do you owe between $2,500-$25,000 of unsecured debt
not counting student loans or taxes due?
YES - Proceed NO - Click Here
Are you current on your mortgage or do you rent
where you live? Are you current on your car loan/lease payments or do you
not have a motor vehicle?
YES to both - Proceed NO
to either - Click Here
Are you 90 days or more late on unsecured debt
payments?
YES - Proceed NO - Click Here
Can you afford at least $100 for a debt consolidation
payment each and every month. Could you continue this payment toward settlement of your unsecured debt for
a few years?
YES - Proceed NO - Click Here
Would you find it almost impossible to come up
with a lump sum payment for debt settlement even if you had a year to come
up with the money? Even if the debts were reduced to 30 cents on the dollar?
YES to Both - Proceed No
to Either - Click Here
It looks like you could be a good candidate for settlement of your unsecured debt at a discount with payments made over several years. After you fill out the information data (our short form) a representative from the agency administering this program will contact you directly. Their initial consultation will carry no fees. This consultation will only explore settlement of unsecured debt over a term of years.
If you owe less than $2,500 you should give more thought to a settlement without a discount. You can get your credit back on track sooner if you can avoid making the creditor settle for less than they are owed. If you feel you need third party help to work with the creditor a non-profit consumer credit counseling agency might be better for you. If you owe more than $25,000 you should also be looking at various bankruptcy options that may be available. The choice as to which solution fits your own personal situation will be best decided after you have examined all bankruptcy and non-bankruptcy options. This program will not settle taxes or student loans at a discount. You may wish to have a full personal debt evaluation performed. To learn more about debt and bankruptcy read the links at the Debtor Links site or Bankruptcy Alternatives. To have a consultation on debt settlement without bankruptcy in order to consider it as one of your choices click here to continue the prequalification form for unsecured debt settlement.
If you are at risk of losing your home or car you should be very careful about where you spend your money. Read the article on Who to pay when you can't pay everyone. A Chapter 13 bankruptcy may be an option to explore. The choice as to which solution fits your own personal situation will be best decided after you have examined all bankruptcy and non-bankruptcy options. You may wish to have a full personal debt evaluation performed. To learn more about debt and bankruptcy read the links at the Debtor Links site or Bankruptcy Alternatives. To have a consultation on debt settlement without bankruptcy in order to consider it as one of your choices click here to continue the prequalification form for unsecured debt settlement.
Settlement of debt for less than what you owe puts a nasty black mark on your credit record. If you have not gotten over 90 days late your credit may still be in fair shape and may be worth salvaging instead of making it worse. The choice as to which solution fits your own personal situation will be best decided after you have examined all options. Read more at the Credit FAQ. You may wish to have a full personal debt evaluation performed or look into non-profit consumer credit counseling. To have a consultation on debt settlement without bankruptcy in order to consider it as one of your choices click here to continue the prequalification form for unsecured debt settlement.
Even settlement at a discount requires payments. If you can not afford anything at all to pay toward your unsecured debt a long term settlement will not work. Perhaps you should look at various bankruptcy options which may be available. The choice as to which solution fits your own personal situation will be best decided after you have examined all bankruptcy and non-bankruptcy options. You may wish to have a full personal debt evaluation performed. To learn more about debt and bankruptcy read the links at the Debtor Links site or Bankruptcy Alternatives. To have a consultation on debt settlement without bankruptcy in order to consider it as one of your choices click here to continue the prequalification form for unsecured debt settlement.
If you can come up with a lump sum to pay off a discounted debt settlement your fees will be less and you will be able to start rebuilding your credit sooner. You may even be able to achieve lower settlements. The choice as to which solution fits your own personal situation will be best decided after you have examined all options. You may wish to have a full personal debt evaluation performed. To have a consultation on debt settlement without bankruptcy in order to consider it as one of your choices click here to continue the prequalification form for unsecured debt settlement.
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The most recent update of this page occurred on 7/17/01.
