Americans are drowning in a sea of debt, spending more than their payroll each month. Paying high interest credit cards instead of buying basic necessities.
Americans are more anxious about the country's economic future than any time in recent memory. While taking advantage of the deals of a lifetime, some have managed to get into a world of debt; debt that cannot be paid.
Working industriously to comprehend the dream only to see bits and pieces crumble. American's are combating creditors and raging financial storms. Americans are realizing that they have little to nothing to show for their sacrifices, and private enterprise and government leaders are of little ease.
It's hard not to be concerned when confronted with numbers such as these:
• About 43% of American families spend more than they earn in a year.
• Average households carry more than $8,000 in credit card debt.
• Personal bankruptcies have more than doubled in the past 10 years.
It's not clear exactly where the debt trend will take U.S. consumers or the U.S. economy. But it is clear that both are sailing in uncharted waters. Don't let retirement sneak up on you. Create a perfect plan. Consumers owe nearly $2 trillion American consumers owed a grand total of $1.9773 trillion in October 2003, according to the latest statistics on consumer credit from the Federal Reserve. That’s about $18,654 per family, a figure that doesn’t include the mortgage. The number is up more than 41% from the $1.3999 trillion consumers owed in 1998.
With a team of certified debt specialists, American Debt Co LLC located in St. Petersburg, FL negotiates directly with all the major creditors in country on behalf of consumers, with the goal of settling your debt for a fraction of what you owe. On average American Debt Co LLC has settled it's clients debt for $0.35 on the dollar. If you've found yourself in over your head, there's a light at the end of the tunnel.
There's no need to file for Bankruptcy and have BK lingering on your credit for 10 years. Settling your debt for less is the best alternative to bankruptcy. On average consumers can achieve the goal of being debt free within 18 - 36 months.
Contact Information: American Debt Co LLC 944 4th Street N Suite #800 St. Petersburg, FL 33701 1-800-828-1477 Toll Free 1-727-329-8934 Fax Website: www.curemydebt.net
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