Is the Attorney-Based Debt Solution the same as bankruptcy?
No, bankruptcy has a tremendous adverse affect on your credit for up to 7-10 years, is extremely costly up front, and can be difficult to attain. Anyone considering bankruptcy should contact a bankruptcy attorney. Q: Can I be sued while in the debt settlement program? Yes, a credit card company reserves the right to pursue a client in court to collect the full debt amount. This is normally a last resort for credit card companies after they have exhausted all collection processes, and often used as a tactic to bring you to the settlement table. Our underwriting team analyzes each program to limit this possibility. Remember that a credit card company does not want you to file bankruptcy since that leaves them open to potentially collecting little to no money back. So a settlement is usually a better option for them to take. Q: Who qualifies for your debt settlement program? Qualifying is based mainly on the amount of debt you owe, which creditors are included, and overall financial hards
