Is Bankruptcy Right For Me?
That is a question a lot of consumers have been asking themselves the last few years. There are several different options a consumer must consider when trying to determine which specific course of action to take when dealing with troublesome debt. Even though at New Era Debt Solutions, we offer an Debt Relief alternative option to reduce debt and avoid the need to file for bankruptcy, we still feel strongly that a consumer must explore all options before they can make an educated decision about which strategy will make the most sense for...
read moreBest Debt Settlement Companies
With all the negative press surrounding the debt settlement industry, it is clear to most consumers that there is certainly an abundance of bad players in the marketplace. Consumers must take their time and really do their research to discover who the Best Debt Settlement Companies are. With every program claiming to be “the best” and consumers feeling the constant stress of debt collector phone calls and bills piling up, it makes it very difficult for a consumer to take their time and really investigate every program they come...
read moreNegotiating With Credit Card Companies
Many consumers are under the false assumption that they need to hire an attorney when negotiating with credit card companies to settle debts. The reality is that anyone can attempt to negotiate with creditors including the consumers themselves. I don’t want to imply that there are not attorneys out there who can effectively negotiate with creditors, but unfortunately there are many sales organizations working for large debt relief attorney firms that often utilize scare tactics and misinformation to sell their services. Negotiating With...
read moreDebt Settlement Los Angeles
In business for over 10 years with an A+ BBB rating, New Era Debt Solutions is the Go To source for help with Debt Settlement in Los Angeles. The above article, written by Jenny Werth describes an exhaustive search for an honest debt settlement company. She goes on to share that she just never felt comfortable with any of them until she was introduced to New Era and their “consumer friendly” approach, which is highly unique to the industry. Debt Settlement Los Angeles Like many California cities, Los Angeles has been hit hard by...
read moreCalifornia Debt Consolidation
California has been hit especially hard by the recession over the last 5 years and consumers across the state have been struggling to keep up on their high interest credit card payments as debt consolidation loans have become almost non existent. The easy credit that came during the boom times played a major role in hiking the cost of living in California to one of the highest in the nation. Many consumers were compelled to borrow money simply to afford to stay living in the state. Before 2006 it was painfully simple to get a California debt...
read moreHave You Been Scammed or Ripped Off? How to Get Help and Get The Problem Resolved.
If you feel like a company you paid for a service has not delivered the best place to start to attempt to resolve the issue is to contact the company directly. If you’ve tried repeatedly to get your issue resolved by sending an email or leaving voicemail and that’s not getting any attention, send a letter by some traceable means that provides you with proof of delivery. A signature or name of who signed for it is even more beneficial. The least expensive service to use of to send your letter through the post office by certified...
read moreHow Does Debt Settlement Work
Consumers are often confused about how exactly debt settlement works. Much of the confusion comes from debt settlement sales affiliates trying to sell a strategy that in reality they know very little about. It is first very important to understand what Debt Settlement is and what it is not. Debt Settlement is not a pain free way to cut your debt in half by making small payments for 4 or 5 years. However, under the right circumstances, although not fun and painless, Debt Settlement is the fastest and least expensive way out of debt short of a...
read moreNew Era Offers A Professional Referral Partnership Program – A Trusted Resource For Your Clients
Debt Settlement Affiliate Program If you are a Financial Planner, CPA, Bankruptcy Attorney, or any other professional who works with consumers to improve their financial situations, New Era Debt Solutions would like to speak with you about our Debt Settlement Affiliate Program. Our Debt Settlement Affiliate Program provides financial professionals with a great referral resource for their clients who are deep in debt and in need an honest consultation about a possible debt settlement option. As a leader in the debt settlement industry for over...
read moreDebt Relief Scams Dominate Debt Settlement Says NY Department of Consumer Affairs
Debt Relief Scams The New York Department of Consumer affairs recently announced that they consider debt settlement companies who charge consumers upfront fees to be the biggest fraud of the year. We couldn’t agree more. Even though recent laws have thankfully forced debt settlement companies to stop charging upfront fees and finally start putting their clients first, there are still a large number of programs who seem to have not quite gotten the message. In the past year, regulators have sent a clear message to upfront fee debt relief...
read moreIs Debt Settlement A Good Idea
I was recently on a financial forum and a reader asked “is debt settlement a good idea?” Of course he received all of the classic responses one would usually get asking a question like that on the Internet. There was the debt settlement sales affiliate, predictably praising all the virtues that debt settlement has to offer. The former consumer credit counseling employee attacking the debt settlement affiliate for scamming people out of their money and advising the client to never look into debt settlement. The...
read moreDebt Settlement FAQ – Straight From the Experts
With so much misinformation floating around the Internet about debt settlement, we would like to provide consumers with a resource for getting honest answers to their debt settlement questions. Deciding whether or not to employ a debt settlement strategy to climb out of debt is not a decision that should be taken lightly and without the straight facts, a consumer is very likely to make the wrong decision. So rather than make important financial decisions based on information learned from a random debt settlement affiliate sales person, the...
read moreCredit Card Debt Lawsuit – 5 Things You Must Know Before Settlement
When consumers are forced to fall behind on their maxed out credit card bills in order to pay for their necessities, one of their biggest fears is the possibility of receiving a debt collection lawsuit for their unpaid credit card debts. For many, the fear is so strong that they will unwisely drain all of their savings and retirement accounts in an attempt to fight a losing battle maintaining minimum payments. Often times, consumers facing this situation will explore the option of negotiating their debts down to a lower amount, in an attempt...
read moreNew Era Debt Solutions Complaints
At New Era Debt Solutions we are extremely proud of our extensive, 10 year plus, track record of assisting consumers with financial issues. If you pull up our record with the Better Business Bureau to take a look at the New Era Debt Solutions Complaints, you will find that there have only been 7 resolved complaints over the past 3 years and none within the last 12 months. This is pretty impressive considering that we have assisted thousands of clients to resolve their debt issues with their creditors. New Era Debt Solutions Complaints are very...
read moreDoes Debt Settlement Hurt Your Credit Score?
Does debt settlement hurt your credit score? The answer is an absolute YES. Any time you are unable to pay a debt in full and according to the terms of the agreement it could potentially get reported to the credit bureaus and have a negative effect on your FICO score. How much of an effect will depend on your own unique situation. To understand how debt settlement will hurt your credit score, you need to have a basic understanding of the debt settlement process. Typically a consumer who is looking at a debt settlement solution to get out of...
read moreTop 5 Reasons You Should Never Pay a Debt Settlement Company Upfront Fees
These days there is more confusion in the Debt Relief market than ever with the passage of new consumer protection laws in 2010 banning debt settlement companies from charging their clients fees before they perform settlements. Sadly, this has not stopped numerous shady operators from looking for loop holes and continuing to gouge consumers with high, unnecessary and unethical upfront fees. Legality aside we put together a list of the Top 5 reasons that a consumer should never consider enrolling with a debt settlement company that charges...
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