If you are lucky enough to live in the Sunshine state also known as Florida FL and enjoy beautiful weather year round with an occasional hurricane thrown in then congratulations. Unfortunately pocketbooks have been hit lately and many residents in Tampa, Miami, Orlando and other areas of Florida are struggling to keep up with their credit card minimum payments.
Now you find yourself searching for answers to your debt problems. Let us take a quick look at some of those credit relief solutions available to Floridians.
Florida debt consolidation
For many debt consolidation in Florida is a viable option. You take all your monthly unsecured bills and roll them into one lower monthly payment you can afford. You get some breathing room on your finances each month and you can finally dream of becoming debt free.
Many consumers believe a consolidation loan is the only way to consolidate your unsecured debts. But there are other ways to reduce what you owe, consolidating all your credit card payments into one low monthly payment that you can afford. This method actually allows you to negotiate with your creditors and get your outstanding debts reduced by a sizable amount and save thousands in interest charges compared to a debt management plan or consumer credit counseling service.
You also get the benefit of paying no upfront fees to get started. At least if you deal with the best debt consolidation companies in Florida.
The consolidation of your debt including medical bills, payday loans, credit card bills – any unsecured debts – can provide you some much needed debt relief. Unfortunately this is not available for secured debts, only unsecured debt is available for this type of debt consolidation program.
This is when bankruptcy might be your next best bet to get much needed debt relief.
Bankruptcy in Florida is a popular search on the major search engines. You should do your best to avoid the bankruptcy courts. The direct and indirect costs are way too high. You need to make sure there is absolutely no other way out of debt before you head off to see a Florida bankruptcy lawyer. But like we have said, there are times when it makes sense to speak to a bankruptcy attorney.
Going down this route may be necessary if you are behind on your mortgage payments and facing foreclosure.
It starts with speaking with a professional counselor who can offer advice on the best ways to get out of suffocating debt.
The faster you speak with a credit relief counselor from DebtConsolidationUSA.com the faster you can relief on your bills.
Learn how Florida debt consolidation can help your personal finances. Every day you wait to make that phone call the more money to lose to your credit card companies.