When facing financial hardship, you have a few different options to choose from. Here are some of your choices:
Luxembourg Group Debt Relief is when we take your credit card /
unsecured debt and significantly reduce your principle balance. It is
an aggressive approach to debt reduction for individuals in financial
hardship. You are given one interest-free monthly payment, which is
required for you to save up every month. This payment is your guide to
a successful program.
Home Equity Loan / Debt Consolidation Loan- This may seem great for
some homeowners with substantial equity in their home and good credit,
however, keep in mind that you are transferring unsecured debt into
secured debt and now risking your home as collateral if you can't make
your payments.
Do Nothing (pay forever plan) - This is a creditors favorite! By making
only the minimum payment on your cards, the problem is that it takes an
average 6 years to pay off every $3000 in debt!
Bankruptcy was designed to be a consumer's last resort and has a
devastating negative effect on your credit that could last up to 10
years. Keep in mind that bankruptcy is the worst possible scenario for
your credit and is also public information.
Our goal is to provide our clients with an affordable program to
alleviate your worries and get back on their feet financially within 12
to 36 months and find a real solution for the strain and stress caused
by debt. With honest and informative advice, outstanding customer
service, and a proven debt settlement process we can ensure our clients
become debt free quickly and comfortably and get back on the path of
financial freedom.
Give yourself a chance to get out of debt in only a couple years and pay much less than you owe, with Luxembourg Group.
Owing
a lot of credit card debt is not uncommon. Many consumers, whether due
to job loss, major injury, overspending, or a multitude of other
reasons; see a large portion of their monthly income being swallowed up
by credit card payments. Most are only able to make the minimum payment
and soon find that their balances are increasing (or at least not
changing), which causes even more frustration and stress. Know that the
credit card industry is a multi-billion dollar a year industry and only
making your minimum payments each month helps to make that possible.
Luxembourg
Group Debt Relief by debt settlement is a completely legal, logical,
and ethical way to get out of debt. as old as the concept of debt
itself. The incentive for your creditors to settle a debt becomes clear
once there is a possibility that they may collect nothing on the debt
if you were left with no choice but to file for bankruptcy protection.
Your incentive to settle is to avoid bankruptcy and to ethically
discharge your debts. Once you are on the “debt treadmill” it becomes
more and more difficult to step off. Eventually your minimum monthly
payments will likely be going almost entirely towards interest. At this
rate, you would finally pay the account off in about 30 years having
spent ten times or more what you initially borrowed. We understand your
predicament and the credit card companies have been counting on and
profiting from it for years. Luxembourg Group can end the 30 year cycle
and cut it down to 3 years or less.