Credit Card Debt – How to Deal With the C-Word
Let’s face it – many real estate “investors” were and are s
till suffering from the massive foreclosure crisis that has swamped over the country during the past 36 months.
Rumor has it that some “sophisticated view” who get it are making more money than ever before. There is probably also some truth in the statement that this real estate depression will help create more millionaires than any downturn ever before.
But… how are YOU supposed to get on the bright side of this depression when you are carrying this tremendous load of debt on your personal and business credit cards around with you?
Sure, if you could find the “magic bullet” program that will help you make $100,000+ a month starting next week, you’d probably be more than happy to pay off all these dang cards.
But until then – I want to tell you that there is a better way. AND it does NOT involve BK.
Before we move on, let me reassure you: This Is Not Your Fault!
Think about it. You tried to do the right thing by being entrepreneural, get out of the rat race, move your income to the “E-quadrant”.
You did all the due diligence you could possibly have done. You followed the step-by-step instructions. You were off to a great start, and then the s*** started hitting the fan.
Properties didn’t sell. Tenants were laid off and didn’t pay. Contractors cheated you and you got burned on repairs. And where were your mentors and advisers when that happened?
You did your best, that much is clear, and if you need more social proof, just look toward Washington or – better still – Sacramento. Hey, you can pay your bills in “IOU’s”, too, can’t you?
OK, so let’s get down to the solution for this. You need to deal with your excess credit card debt right now. Stop cheating yourself and your family thinking you can “earn your way out” of this mess once you find the home study course that will finally work for you!
You need to look the reality of credit card debt square in the eye, and say “No More Of This!”
Now, here’s the good news: Once you do that, it is actually easy to get rid of the excess debt, the excess monthly payments, and the excess anxiety that all this causes you.
Here is your simple 3-step action plan:
- Stop making payments on your excess credit cards.
- Wait until you are about 6 months behind.
- Settle your debt for pennies on the Dollar.
Sounds too good to be true? That’s what I thought.
But here is the EVEN BETTER news: You can do this YOURSELF! You don’t have to hire an attorney, or one of these ridiculous debt settlement companies that advertise on billboards and everywhere else these days. More on that later. No, you can do it yourself, and it’s not hard to do.
My good friend Richard Geller has put together a course that has helped thousands of people just like you to get this done on their own. And there is no reason why it shouldn’t work for you.
Richard has a lot of free information and training on his web site, and there is a pretty good chance that you can do this just by following Richard’s free advice.
However, if you are like me, yu will appreciate the reassurance that comes with having COMPLETE instructions. So you don’t doubt yourself when you go through this.
Either way, I suggest you check out Richard’s web site right now – click HERE!
And please, leave a comment on this post and let me know how you feel about the credit situation right now!
Best, Thomas
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Category: Credit Card Debt
Thank you so much for the very useful information, I really enjoyed reading your blog and I look forward to read your next post. Best Regards!
Hi:
On another site someone asked the legitimate question:
Is Richard Geller’s Mortgage Relief Formula Program a scam?”
I replied:
Emphatically NO – it is NOT a scam!
However, let me begin by saying this is a VERY reasonable question. I committed to the purchase of his program with much the same thought. I was 169K in debt (unsecured) and did not want to declare bankruptcy. Six months later I have settled for an aggregate settlement of 33 cents on the dollar or $55.5K without ever going to collections outside the original lender. Richard’s program helped me to understand that this was a predictable and negotiable process. In the best of all worlds I would not be in financial straits and would have just paid my bills. However, when I finally faced the fact that I COULD NOT continue to borrow my way into the problem, Richards program was of immense help. If fact it was actually easier that I actually thought going in. My CPA actually put me in touch with a debt settlement expert that happened to be his son. His some coached me out of the kindness of his heart with no expectation of reward. He could not believe how well educated I was as a result of studying Richard’s information. He told me point blank that I was in better shape and controls of the situation that 95% of his clients. The best thing about my interaction with him as a debt settlement expert was the validation that I was on the right track based on the information from Credit Card Relief Formula. Richard’s material is worth every penny! I give it the highest recommendation and endorsement. I cannot tell you what a relief it is to be on the back side of this problem.
All the best,
Chris
McKinney, Texas