AlabamaDebtRelief.org assists individuals and families in debt by serving as a locator service for BBB accredited companies. These companies specialize in specific debt relief categories, including debt management through credit counseling agencies, debt consolidation, debt negotiation, debt settlement and debt mediation.
While no one debt relief solution is right for everyone, Alabama Debt Relief takes a moment to understand each person's unique debt situation before providing, upon the visitor's request, referrals to available debt relief options.
While Alabama Debt Relief strives to connect individuals to available debt relief options, no specific debt relief solution is appropriate for all financial circumstances, so it is recommended that individuals seek the advice of a financial or legal professional to properly understand debt reduction benefits as well as the short and long-term effects of individual debt relief options on personal credit and credit scores. In addition, it is important to note that, effective October 27, 2010, the Federal Trade Commission has issued an enforcement policy statement on a new FTC rule that protects consumers by barring debt relief firms from collecting up-front fees. Unless a debt relief firm is an "attorney-based" debt relief firm, no upfront fees may be collected. Only after a settlement has been reached with creditors may "non-attorney based" debt relief firms be compensated. This is a pro-consumer measure for individuals in debt who use the services of a debt relief company.
We hope this website provides you with valuable information to help you better understand your debt relief options.
If you're like many people in debt, you may not be aware of the debt relief options available to you. Debt relief, depending on your financial situation, could help to reduce your interest rates, lower your payments, or even settle your debts for substantially less than you owe.
While exploring debt relief options such as credit counseling, debt consolidation, or debt settlement can sometimes be stressful – many people find it reassuring to know that debt relief can not only help save money, but also provide debt relief options that have helped many people regain control of finances and avoid bankruptcy.
Please be advised that, while debt relief programs can help to reduce debts and potentially save a substantial amount of money, they do not make debts magically go away. Consumers in a credit counseling program need the basic discipline to set aside funds each month to live up to the terms of their debt management plan and consumers in a debt settlement program must be able to set aside or accumulate the necessary funds to make a reasonable settlement offer to credit card companies.
AlabamaDebtRelief.org does not provide direct debt relief services but serves to connect consumers, upon request, to debt relief companies that offer a free debt relief evaluation and savings estimate at no obligation. Individual results and savings will vary in debt relief programs depending largely on your amount of debt, your individual creditor's debt relief policies, and your ability to complete your program.
Finally, prior to enrolling in any debt relief program, we recommend you clearly understand the money-saving benefits of debt relief, how debt relief programs could affect your credit, as well as any potential legal and tax implications of debt relief programs.
Here's to your financial freedom!
Walter E. Burch
AlabamaDebtRelief.org is owned and operated by:
Envoy Media Group, Inc.
19350 Business Ctr Drive
Northridge, CA 91324