Debt can be one of the most stressful things that a person can deal with in his or her life. With the current economy and unstable job market in the US today, being in debt can indeed be a very uncomfortable situation. There are many people out there who are over their heads in debt and are thinking about how to get rid of their debts. If you are in such a tight financial situation and are being overwhelmed with piling debt, you may find yourself at your wit’s end trying to figure out what can be done to get back on your feet. But you may be happy to note that there are numerous debt relief options available from various debt relief companies that can assist you in gaining control over your finances and lead you to the right path of financial independence. Freedom Debt Relief is one such debt settlement company which can offer you great debt relief options that you may like to consider.
Freedom Debt Relief is a debt settlement company based out of San Mateo, California, and is a wholly owned subsidiary of Freedom Financial Network, LLC a financial service company headquartered in San Mateo California. Since it was founded in 2002, the company has served nearly 100,000 clients and employs more than 600 employees across the U.S. The company champions the cause of indebted consumers who are experiencing a financial hardship and negotiates on their behalf with the goal of avoiding bankruptcy by settling their unsecured debt at a discount to the principal owed. The company primarily serves customers for whom debt consolidation or home refinancing is undesirable or an unavailable option. It also targets those customers who cannot afford either the credit card minimum payments or the payments required in a credit counselling or a debt management plan.
Freedom Debt Relief is a leader in providing debt resolution solutions and their Debt Relief Freedom Program has become quite popular with customers with financial hardship that need a low monthly program payment to resolve their debts in a short time frame. With their goal of saving you the most possible money and to get you debt free in the shortest amount of time, this program could be your solution for identifying the right tools needed to be successful in achieving independence from debts. The company is seen to adopt a humane approach to business while representing the client exclusively and thus helping them re-establish solid financial footing as quickly as possible.
The other debt relief services offered by the company range from consolidation, to debt elimination, to refinancing. Their core services include an alternative to bankruptcy, credit counselling, and debt consolidation. But with the passage of Bankruptcy Abuse Prevention and Consumer Protection Act and due to the recent financial crisis, debt relief options for consumers have significantly decreased with both bankruptcy and mortgage refinance becoming much harder to qualify for. Thus current trends indicate an increased demand for debt settlement.
The company now offers a new “Freedom Fresh Start” program that offers an option to American consumers who need an effective debt reduction plan, and who want the security of knowing that they will not pay fees unless they get the results. The advantage with Freedom Debt Relief is that although the fees vary by state, you don’t have to pay any fees for the services until your debts are successfully resolved. The fees can depend on a number of things, including the state you’re in, state guidelines, the amount of debt you’re enrolling, and other variables. But in general, if you enrol in a standard 36 month program, your fee can work out to approximately 7% of your total enrolled debt per year.
If you are struggling to find a resolution to your debt problems, it is advisable that you discuss your unique situation with one of the debt consultants from Freedom Debt Relief. They may be able to find you a debt reduction solution that could be a different choice, an alternative to filing bankruptcy and may save you more money than consumer credit counselling. Review your options with Freedom Debt Relief and find a debt relief plan that works for your specific circumstances.
