Are you in over your head in debt? Well join the club.
The facts are that 95% of all bankruptcies are due to credit card debt.
I was on pace to be one of those statistics.
I was racking up credit card debt left and right.
I saw my minimum payment rise and rise until I couldn't even afford the minimum payment.
Does that story sound familiar? I know it's tough to be in that situation.
Having to screen every phone call to make sure you don't talk to a creditor.
Well I have some great news.
There are a few key things you can do to get out of credit card debt in 12 to 36 months.
The first thing you need to do is realize that you are not the only one.
In fact you are in the majority if you have credit card debt.
Even with that said it doesn't make it any better.
Just a little easier to attack it.
Second you need to get the idea out of your mind that there are government grants out there waiting for you.
There is no magic bullet for this unless you win the lottery.
And don't hold your breath on that one.
The third key thing you need to do is contact a professional.
There are companies out there that will legitimately help you get out of debt.
They are debt settlement companies.
Don't just go contacting the first company you see on TV.
There are good ones and bad ones.
The basic strategy of these companies is to negotiate your debt with your creditors.
In some cases they can negotiate your debt down to 50% of the original value.
That is not to be expected but can happen.
Second they consolidate your debt into one reasonable payment.