Get a Debt Settlement Solution, Not a Misleading Debt Consolidation Scheme
Freedom from debt is real. Whether you have credit card debt, medical debt, or other forms of unsecured debt (debt not connected to an asset like a car or house), you can get relief from the stress, anxiety, worry, anger, and lack of options that come with living with these burdens
Everyone deserves a fresh start. However, fresh starts are hard to come by. How frequently in our lives are we able to wipe the slate clean and actually start over? Not too often. It’s difficult to put the past behind for good. But when it comes to settling your debt, you can put your previous decisions in the rearview mirror and freely move forward without another thought.
That is, unless you’d rather tell yourself a tale about how a debt consolidation company is going to save you. Many people in debt fall into the debt consolidation trap. When you work with a misleading debt consolidation company, you’re not settling your debt. You’re actually racking up more interest by paying tiny bits of what you owe through their “special consolidation program.”
Let’s take a look at the truth together, expose the approach of debt consolidation, and put you on the right path with a free consultation from our Denver debt relief lawyers.
Is Debt Consolidation In Your Best Interest? You Decide.
Sometimes the best way to see things the way they really are is to look at all the facts and make your own decision. Here’s how debt consolidation works in the simplest terms:
- The consolidation company tells you that they can help you pay off your debt with one low monthly payment.
- You take out a loan with them at their chosen interest rate and accept their monthly payment. They begin to pay off your creditors in small amounts as you pay back your new loan.
- You feel satisfied for a time because you now only have one monthly payment that is more affordable, and it seems like your creditors are getting paid off.
- However, the amount that the consolidation company is paying to each of your creditors is not enough to satisfy them.
- Your original creditors are now preparing to sue you because your debt consolidation company’s program hasn’t paid them enough.
- Worse, you’re racking up even more interest while slowly paying off your new loan.
Your debt is not settled. You’ve substituted multiple loans for one loan, and that’s still not taking care of your debt issue because technically those original multiple loans are still active. It’s also exposing you to legal action. You’re not free until you can get your creditors off your back, and you’ve just added a new creditor to the list. This is the opposite of reducing your balances to zero and moving forward with a new outlook.
Try a Debt Relief Solution That Actually Gets You Back On Your Feet
Here’s how debt relief works when you work with a Denver debt relief lawyer:
- You get a free consultation, so your debt relief attorney understands your particular situation.
- Your attorney offers a strategy, which typically works like this: you stop paying your debt until your creditors start to realize they’re at risk of collecting nothing. At that point, you offer to pay a lump sum: 50% of what you owe.
- In our experience, your creditors will accept this offer, and soon you’ll be free from debt, even though you’ve only paid half of it.
Debt settlement is a solution that delivers results. The Wink Law Firm can get you these results today. It all starts with a free consultation, so we can understand your particular situation and develop the best legal strategy to help you move forward.
When you work with our team, there’s no whistling in the dark, hoping that things won’t get worse. We confront the problem head-on, so you can quickly move on to a debt-free life, instead of remaining trapped with a debt consolidation firm that wants you to keep paying interest on a loan.
A Free Consultation With Our Denver Debt Relief Lawyers Is Available Now
The debt relief attorneys at The Wink Law Firm take your debt seriously. Unlike debt consolidation companies, we view debt one way: something to get rid of. We don’t want to see you slowly paying off your creditors over time, quickly accumulating more debt from interest payments, and running the risk of being sued.
When you choose debt settlement with The Wink Law Firm you get results that are in your best interest. We want your debt problems over and done with as quickly as possible. There’s nothing worse than pretending like everything’s fine, when debt continues to grow.
Having a false sense of security about your debt comes from one train of thought: most of us don’t believe we can get a real solution to our difficulties that takes the weight off our backs. So, instead, we choose to go the easy way, hoping it will work, but knowing in our hearts that it won’t.
Face reality and put in the work by scheduling a consultation with The Wink Law Firm, and discover a life where you don’t have to worry about creditors anymore. Schedule a free consultation online or call (720) 523-0620 today.