 Help with Creditor Harassment
Settle Your Debts
Start Your Road to a Debt Free Life
Help You Avoid Bankruptcy*
(Results will vary; please contact a debt counselor for a financial schedule tailored to your individual needs.)
Care First Financial’s Debt Settlement Program *
is intended for people who have severe financial problems
and want to try to avoid filing for bankruptcy. Below is a
general overview of how our Debt Settlement Program works.
Before you make any decisions that will impact your financial
future, you should read and review this website, including
our Frequently Asked Questions and Disclosures.
Then you must speak with one of our “Sales and Debt
Consultants” who can explain the Program in detail.
This consultant will need to take your information to determine
if you qualify for our Program. If you qualify, and choose to
join our Program, you will need to complete the enrollment
process to begin your road to financial recovery.
At this point in your life, you have gotten in over your
head with unsecured debt. Joining our Program can be an
important step toward a debt free life. But there are risks
in any debt settlement program, there are costs and consequences,
and our Program is not for everyone. Through our Program, instead
of sending monthly payments to creditors, you make the decision to
stop paying your creditors and accumulate funds into your own
settlement account, and for a fee Care First Financial will contact
creditors to try to negotiate a debt settlement on each credit
account. Once a settlement amount is obtained with a creditor, that
debt will be extinguished upon payment of the reduced amount.
Through this unique method, Care First Financial will help you
extinguish all of your unsecured debts, one account at a time.
Through this process, we will help you to obtain financial freedom
so that you will again have the opportunity to take charge of your life.
Who is qualified
for our program?
Care First Financial's Debt Settlement Program is only for
people facing a legitimate financial hardship.
This means people who, through an unfortunate circumstance,
are late on paying their debts, cannot make the minimum monthly
balances, have little or no ability to satisfy their debts in
the future, and are facing a possible bankruptcy.
Examples of qualifying financial hardships are a loss of income,
an increase in excessive interest rates, a medical emergency,
the death of a member of the household who provided financial
assistance, a divorce, a failed business, a reduction in pay
or hours, or unemployment.
Who
is NOT qualified for our program?
Under the best of circumstances, Care First Financial would not
recommend that any person default on his or her debts, which is
what happens when you stop paying your creditors. We will not
qualify people who are gainfully employed, who can meet their
monthly debt obligations, and who need to maintain a good credit
rating. If you are capable of paying your debts in the normal
fashion, by making payments in excess of the minimum, then it would be better for
you to do so. We at Care First Financial are trying to help those
who are on the brink of financial ruin and who are overwhelmed
with unsecured debt. By not paying your creditors, you will take
certain risks: creditors may increase collection activity and sue
you, charge you default rates, and continue to charge interest and
late payments on your accounts. Resolving your debt issue is not
an easy process, and it takes commitment to complete the process,
but we at Care First Financial are here to help you by negotiating
your accounts on your behalf, and to help convince creditors to
accept a reduced payment to fully discharge your debt, once and
for all.
How will
Care First Financial Settle My Debts?
As will be further explained to you in the conversation with one
of our Consultants and through the enrollment process, you will be
asked to put aside and save a set amount of settlement funds on a
monthly basis, instead of paying the money to your creditors on a
monthly basis as you may have been doing. The amount of this
monthly payment will be determined during our initial analysis of
your situation; it will be based on the total amount of your unsecured
debt and will be in line with your income and expense budget. Once
you have accumulated enough settlement funds to make a reasonable
offer to your creditors to settle the debt, which generally takes
about 6-8 months after enrolling in the program, Care First Financial
will begin the negotiation process. Each person's situation is different
and the negotiation process will begin at different times depending
on the amount of your debt and the speed in which you are able to
accumulate money in the settlement account. Once a creditor agrees
to a settlement amount, we will present this offer to you. If you
approve of the settlement, we will instruct the creditor to fax the
settlement offer in writing. After we receive the written settlement
offer, we will have a three way recorded conversation with you, the
creditor and us to settle the account. Care First Financial then
moves through each debt until all of your debts have been paid and
you are debt free.
How do you apply & get this process started?
Complete the form online. A debt consultant will review your
information and call you to go over your situation. After
reviewing your financial situation and hardship, they will
determine if you are qualified for our program. |
