As American credit card bills have spiraled out of control, the airwaves have been filled with advertisements for “debt settlement” services that say they help consumers settle debts for a fraction of what they owe. But they often charge high up front fees; you can’t afford. Non-profit credit counseling agencies offer a different approach. After reviewing your financial situation the agency may offer debt management plans to pay down your debt over three to five years. However, you will need to deposit 3% of total amount of the debt you owe in a trust account, so the agency can pay off your debt.

But if you are receiving unemployment compensation of $51 to $511 a week for 26 weeks, you need a better solution to stop the abuse and harassment of debt collectors for debts you can’t pay.

For a one time $200.00 processing fee and $20 a month, our lawyers protect your debtor rights and will counsel you on how to eliminate your debts while you are unemployed, including filing a bankruptcy petition which will wipe out your debt, so when you do get the new job you will be debt free. Because your income is below the median income in your state, you are eligible to get rid of your debts within the 26 weeks you will be receiving unemployment compensation. Before this event, you may have not been eligible for this debt relief under the new Bankruptcy Act passed in 2005.

To learn more about this unique debt relief solution give us a call at 1-877-DEBT-221.