Credit Card Debt Settlement: Options Explained

June 22, 2010 - PRLog -- The U.S. national debt currently stands at over 12 trillion dollars and continues to rise. Yes, that's trillion with a "t." Consumer debt is also equally troubling. This debt, which includes credit card debt, mortgages and student loans, also continues to grow.

Get Started With Credit Card Debt Settlement:

http://www.federaldebtreliefprogram.com/

Consider:

Roughly 43% of U.S. families spend more than they earn. The average U.S. household carries roughly $8,000 in credit card debt. Bear in mind that this figure does not include mortgages. Personal bankruptcies have doubled in the past 10 years, soaring 32% last year alone. All this comes on the heels of recent reports of consumers opting to pay their credit card payments first rather than mortgage payments. In total, consumers owe about $700 billion in revolving credit such as credit cards and bank cards.

Debt Settlement can eliminate large amounts of this debt.

Debt Settlement is a unique Debt Relief program. This program involves debt negotiation in a concerted effort to have large amounts of debt forgiven, and thereby eliminated. This approach is aggressive, and is highly suited for consumers who owe over $10,000 in credit card debt. Debt settlement is also one of the best Bankruptcy Alternatives in existence today.

With credit card debt settlement, it is possible to eliminate large amounts of debt, up to 50% or more in many cases. To learn more about credit card debt settlement and how to get started, please visit Federal Debt Relief at:

www.federaldebtreliefprogram.com