As an Arizona homeowner struggling to keep up with the bills, I have run into a perfect storm of debt. The economic crises of the last few years have left me stranded in a house that I cannot sell and in a job with frozen wages. On top of it all are some huge medical bills. I have my health but even the minor interventions that have occurred in the last few years have cost me a fortune. Even with health insurance covering 80% of the bills, they are still too much for me. Costs for everything have gone up, but my earnings are stagnant.
I investigated how to get medical debt reduction, hoping to find some way to at least lower my payments and make it possible for me to survive. I discovered that there were many different routes to reducing medical and other forms of debt. Some companies offered consolidation loans. With such a large loan, I could have paid off my medical debt and secured a much lower payment. There were other companies that acted as mediators between creditors and debtors, lowering rates or negotiating the total debt downwards.
Mistaken Solutions to Medical Debt Problems
Ultimately, I realized how unsatisfactory these options were. By taking a loan, I would burden myself with essentially the same amount of debt with an additional financing rate. In some ways, that would be even worse than the original debt, even with lower monthly payments. While getting someone to negotiate for me in order to lower payments would benefit me at least minimally, it would still leave me in debt for the foreseeable future. I wanted to know how to get medical debt reduction that would completely free me from this burden as soon as possible without requiring me to declare bankruptcy.
Debt Consolidation and Settlement
At DebtConsolidationUSA.com, I found the perfect solution to my medical debt. This company offered to represent me to my debtors, lower my monthly payments and actually eliminate the debt within four years or less. They do all this without lending me any money or putting me into more debt.
They do not do this through a loan. Instead, the debt advisers here help you to amass a large sum of money with which they negotiate with your debtors. Eventually, debt pros convince them to accept a lump sum and forgive the rest of your debt.
How You Can Do This
If this sounds like a good idea, do what I did. Contact us and get in touch with one of their debt advisers. Talk to him or her about your situation and how to get medical debt reduction. This adviser can quickly let you know which of your debts qualify for their solution.
Once you have agreed to their plan, you can start down the road to debt freedom immediately by ceasing all payments and all contact with your creditors. This is a drastic but crucial first step. The debt relief people you hire will handle all your communications with creditors from now on. You will not have to manage harassing phone calls any more.
Instead of sending multiple payments to your various creditors, you will send one large payment to your debt consolidator. This should equal an amount less than what you were used to paying every month to service your debts. Your debt consolidator will keep a small part of this money as a fee for their service. They put the remainder in an account. Every month, the amount of money in this account will grow. It acts like a savings account but it has a special purpose.
As time passes, your debt consolidators will use this money to negotiate with your creditors. They will not be looking for a lower rate or better terms. Instead, they will offer your creditors a large, one-time payment in exchange for erasure of your debt. They will do this with all your creditors, one by one, until they have closed all your accounts and you are completely free of debt.
Other Debts That You Can Include
As you may have guessed, this works for more than just medical debt reduction. You can include many kinds of unsecured debts into one debt consolidation plan. Most credit cards make good candidates for this approach. If you have accumulated other debts while struggling to pay medical bills, include them in this debt consolidation opportunity. Some debts, such as home mortgages and auto loans, are not suitable for this sort of debt-reduction approach.
Call now if you have a lot of medical debt. You can free yourself from decades of payments and close your accounts with creditors in just a few years. It all starts when you contact us.