Hello, my name is Andrew Griffin the third I am a Bankruptcy Attorney, California Experience Don’t file bankruptcy. That’s the cry of the debt settlement industry They claim that they will help you rid yourself of debt without bankruptcy If you avoid the outright crooked companies, can they do it? Sure But at what cost? There are two types of these companies one simply takes a portion of your monthly income Negotiates with your credit card companies to stop or lower interest and in return makes a monthly payment to each company After several years of these pay those payments your debts will be gone Assuming of course that you can make all the monthly payments to the credit negotiator and assuming you don’t incur any new debt, of course you’ll make them a Percentage of your income to do this and several hundred dollars or more year The other type of company takes a monthly payment from you and saves it Then notify your creditors that they are working to get them paid then once they have 50% or more on the balance owed It’s a credit card company. They negotiate to pay off a card and fool that percentage This usually works other words nothing you can’t do yourself You are paying a monthly fee to allow the company to do this for thee for you Since it can take several years to raise enough money to do this and then the grouse-shooting company is being paid monthly This can be quite costly and of course if you miss a payment or two You still be liable for the credit card cut balances meanwhile? Whichever the programs that you use your credit score’s won’t improve until everything is paid off Don’t be fooled by the claims of non profit companies these credit degree. She ators may be a For-profit company, but you will still pay for the service at a hefty Monthly amount now, let’s compare these programs with a simple bankruptcy You’ll pay your breakup C attorney a one-time fee often approximately two thousand dollars and your debts will be gone in three to four months and If you start you’re building your credit, you can start building your credit right away This Sandridge griffin 1/3 – Andrew Griffin law office comm today We are helping you understand the bankruptcy process If you want to learn more about bankruptcy go to a Drew Griffin law office calm to get a free copy of my book which you can buy for 1695 I want to give everyone an opportunity to give that book for an immediate free PDF download or click on a link