No one chooses to be in debt; I certainly never expected it to happen to me.
You feel trapped under all the payments, constantly feeling the heavy burden. Shortly after my divorce, I found myself with significant medical bills, dealing with the financial stress of living alone, and before I knew it I was drowning in over $30,000 of debt.
I was living paycheck to paycheck and trying to put on a happy face for my kids, but the minimum payments due each month were overwhelming (and they weren't even helping me pay off my debt). Declaring bankruptcy was always in the back of my mind, but I knew that those consequences could follow me for the rest of my life.
To pay off my debts by making minimum payments, I needed to pay exactly $407.54 every month for the next 361 months, which would result in me paying a total of $146,734.02 by the time I turned 75. But my debt was only about $35k! I had heard that some people can negotiate their debt down, so I called the bank a few times but never got anywhere.
I needed someone to help me get through this, so I did some research and that's when I found Pacific Debt, a debt settlement company that provides debt relief and support services to people like me. After answering 3 short questions, how much I was in debt, how far behind I was on payments and what state I lived in, I had a free consultation.
Pacific Debt is a solution for those struggling with more than $10,000 in unsecured debt. They help get your overall debt amount and interest rates reduced by negotiating on your behalf with your creditors. Once a settlement has been reached and you approve, your total debt will decrease. They'll even help you open a Special Purpose account to keep your funds separate and to pay off your debt. This means I just had to pay one monthly payment instead of four.
From the get-go, my rep was always there when I needed them. It's never easy talking about financial problems to anyone, let alone a complete stranger. Even with all this in mind, my representative was very friendly and calmly listened to my financial troubles. She set me up with my own personalized plan, and the first time in a long time there was actually light at the end of the tunnel. It felt amazing to have a plan to actually get out of debt.
Throughout the process, they constantly reminded me that I was not alone and that they understood my situation. Their words of encouragement really helped me get through. Debt Settlement services can be sweet talkers or swindlers, but Pacific Debt was able to give me physical proof of their success. They negotiated with my creditors to lower my interest rate as well as my principal amount owed. At this point, I knew I had chosen the right people who would stick with me every step of the way.
Debt can be a huge pull on moving forward with your life, so if you have any other concerns, Pacific Debt can answer all of your questions for free. The first step in the debt settlement process is to have a free phone consultation. Give them a call at (844) 997-0475 to see how they can help you.