Your steps to financial freedom may be closer than you think. One company that offers debt management solutions is Financial Freedom of America. This company offers help in a variety of different ways. The first step in determining the solution to help you improve your financial situation is to talk to a Financial Freedom of America counselor.
The counselor of this program will ask you a series of questions to help you decide which debt management program would work best for you. Once you have spoken to a counselor (or even before you have spoken to one) you can then fill out the Financial Freedom of America application.
This company has an online application available. However, you can also contact them by telephone to find out if they have a paper application that can be send to you. Furthermore, this telephone contact can be used if you have any further questions.
The three main options offered by Financial Freedom of America include dept negotiation, debt consolidation, and Bankruptcy. Debt negotiation is usually the option that is recommended first, as it involves creating a monthly debt repayment plan.
Dept consolidation is available as well. This is a method by which all of your bills are compiled together in order to achieve a lower interest rate. Usually a consolidation action includes the combination of unsecured debts such as credit cards, medical bills, and IRS bills.
The last step towards financial freedom would be bankruptcy. Financial Freedom of America usually assists individuals and/or small businesses with chapter 7 or chapter 13 proceedings. This will alleviate any responsibility of payment or it will help you create a reasonable repayment plan.
The main advantage of Financial Freedom of America is that they tell it like it is on the company website. They actually discourage people from filing from bankruptcy. They also provide a convenient online application.
Furthermore, they handle the contact of all your creditors so you can be free of their contact. This type of debt management program is designed to help reduce the pressure you feel from day to day. At the same time, you are able to then proceed with all your daily activities, and to concentrate on your work.
However, if you are not sure who this company is you may want to do more research to learn about them. This information can bound at sites such as the Better Business Bureau.
Other ways to determine if an online company is legitimate or not is to call any phone number listed. If the number can be verified by dialing it and someone identifies the business you are attempting to contact, then you know you are it is a reputable company.
Note also if you read reviews online by unhappy consumers that it does not necessarily mean that this program is a fraud. Several resources offering advice about debt management programs point out facts such as that there is no quick fix to debt elimination.
In conjunction with a program such as Financial Freedom of America you also need to remember the following: you must change your current spending lifestyle in order to change your situation. This is not enough, however. This change in habits needs to be permanent.
Together we shall win,
Adesegun Akitoye
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