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For more inforamtion on alternatives to bankruptcy visit: www.FreedomFromCreditors.com
To beat the collection system and block creditors from collecting you must know how to kill their efforts and win them at their own game.
Your first lesson is to learn that your personal credit score has become very expensive, and to change the habit that caused that situation. Stop borrowing money and buying things on credit. Forget about your personal credit score, no matter what you do, bankruptcy, settlement, negotiating, unless you pay on the creditor’s terms, your score is coming down for about seven years.
Your next lesson is to realize that the way you manage your money right now is the cause of the impending risk to creditors and eventual debt collectors. These habits must be replaced with habits that the wealthy use to avoid the same risks. And it’s simple and costs almost nothing in money and time.
Look at your debt in terms of what you have that can be taken, wages, cash savings, property, assets and other income. Forget about the total debt, $5.00 is the same as $1,000,000 once you understand this principal. Then implement these quick changes to your habits and the way you use money and your liability will vanish to zero in a short time, 90 days to be specific. This is about eight times faster than it takes a creditor to get a judgment lien against you, and by that time you won’t care even a little.