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Pratical Debt Relief

Debt Settlement & Debt Relief services in   FL Florida

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Become Debt Free in as little as 12–36 months!
Cut your payments in half with our Debt Relief Program!
Reduce and even eliminate those harassing creditor phone calls!
1 Lower Monthly Payment!

Debt Reduction Begins Here

Practical Debt Relief does not offer or constitute legal advice. For legal advice regarding your situation, please contact a licensed attorney in the state of Florida.

DEBT SETTLEMENT FL FLORIDA

The estimated population in Florida in 2009, according to census.gov, was 18,537,969.TransUnion’s first quarterly report for 2010 shows that FL is the #6 state on its list of highest debt levels in the US, with an average debt amount of $5,773.00 per person. Also, out of 50 states, delinquency rates are the highest in Nevada and FLORIDA, says creditcards.com. Florida was also one of the states hit hardest with mortgage foreclosure rates. The overall economy status in the state has caused high rates of unemployment and income decreases for many borrowers making Florida Debt Relief options a popular alternative. Many consumers simply are not able to continue meeting their financial obligations to the creditors and Practical Debt Relief wants to help make Debt Settlement Florida a viable option. Consumers who abandoned their debts are being actively pursued by their creditors/collectors. Banks are now exercising expensive but effective ways of collecting on delinquent accounts and obtaining credit card lawsuits. By winning the collections lawsuit, creditors can obtain a judgment, which is enforceable for 7 years, and can be renewed thereafter according to carreonandassociates.com. Upon having a judgment granted to the lender, they can attach debtor’s wages, bank accounts or real property to it. It can also accumulate annual interest of up to 10%, or up to 18% if contractual. There are several things that can be done in order to avoid a judgment:

Debt Settlement Florida

 
While Florida Debt Settlement is most certainly a more affordable way of eliminating your debt, most people who negotiate themselves will fail to reach the best possible deal. Usually, most debtors will not be able to handle the phone calls, angry collectors and their proven to work scare tactics. Your creditors know that you feel obligated and responsible for your debts. They will not stop pushing you until you agree to their terms. Therefore, it is best to hire a reputable Debt Negotiation company to handle all communication for you. Practical Debt Relief, Inc. has already relieved many people from this stress and settled millions of dollars of consumer unsecured debt. Our skillful and certified staff will be happy to do the same for you.
 

Fighting your creditor in court


If your creditor is suing you, the worst possible action on your behalf is no action at all. It is always best to not only answer any lawsuit, but to make sure that you answer correctly. According to newsaic.com, 97% of the cases never make it to trial. Why? Many people will ignore the lawsuit because they do not have sufficient knowledge on how to respond to it. On the other hand, filing a correct answer gives you an equal opportunity of winning the case. However, it is nearly impossible to learn about the process and all applicable laws within the time frame given to answer. That is why you should have someone familiar with this procedure on your side. Even though Practical Debt Relief, Inc. is not an attorney and does not offer legal advise, our research department will provide you with case studies, examples and reading materials. They will help you avoid a default judgment and make you a knowledgeable and powerful opponent.

Binding Arbitration


Not many consumers read their cardholder’s agreements. Therefore, they are not familiar with an existence of an arbitration provision. Briefly, it states that any party may choose to resolve a claim regarding an account through private binding arbitration, in which case all court proceedings have to be stayed. This can be an extremely expensive and time consuming option for a creditor to pursue if exercised correctly. In many cases it will not be worth their time and money. As a result, private arbitration can not only get the case out of court, but also help negotiate a lower repayment amount.  Again, it is a matter of being educated about the process. Our knowledgeable staff can provide you with tools and materials to initiate arbitration and get your case out of court.


As you can see, there are several ways to avoid a judgment, and it is important to take advantage of them. If a creditor decides to go after your wages, they can garnish up to 25% of every paycheck (after taxes) until the debt is paid in full, including interest. Nevertheless, if you are a head of household in Florida, according to bcsalliance.com, 100% of your wages are exempt from garnishment. There can still be a lien placed on your real property. Additionally, once your wages are deposited into your bank account, they are considered an asset a creditor can go after. Therefore, finding an affordable Debt Relief option to take care of your debt should be a priority in order to avoid negative consequences. Please make the first step towards a debt free future and contact one of our certified agents TODAY.

 

 

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Testimonials

I didn’t think it was possible to cut my debt by over half. The stress of the phone calls and loss of credit was causing my blood pressure to skyrocket. Now, I feel much more relaxed and know I am on the plan to success. Thank you Practical Debt Relief.
Bill, Florida

Thanks for your hard work and being so patient with my Crazy Debt Situation. I am sleeping better at night because of you.
Nathan, New York

I never knew I had so many options when it came to handling my debt. Thank you Practical Debt Relief for taking me through the process and caring for my situation. The results are fast and impressive.
Kristi, California

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Practical Debt Relief, Inc.
5210 S University Dr Suite 104 Davie, Fl 33328
● Phone: # 888-839-3574 ● Fax: # 888-853-7651