Debt Settlement Massachusetts: There Is Hope
The average Massachusetts resident has over $6,000 in consumer debt. The weight of consumer debt can be overwhelming. You may wonder how you’ll ever get out of the hole that seems to have no end. Debt settlement Massachusetts options from UmbrellaDEBT Relief can bring you relief if you’re struggling, and get you back on the path of financial freedom.
What Consumer Debt Looks Like In Massachusetts
In Massachusetts, credit card debt is the most common form of consumer debt, with 62% of Massachusetts residents having credit card debt. 77% of Massachusetts residents owe at least some form of debt. Additionally, 30% of Bay Staters have student loan debt. The weight of monthly payments may feel like a slowly-tightening chain around your neck, and you’re not alone.
The average American household carries monthly consumer debt that’s nearly $10,000. The payments don’t ever seem like they get any easier to make as the interest continues to accrue. You might find you’re losing sleep wondering how you’re going to make payments each month, and the collectors seem like they’re getting more and more aggressive.
Consumer Debt Protection In Massachusetts
There are laws against creditors harassing you for payments. Creditors are not allowed to call you more than twice a week (at home) or twice a month at another location. They’re not allowed to call you at work if you tell them not to, but that oral request is only valid for ten days. Written requests are longer.
They’re not allowed to call you at times other than your regular waking hours. If they don’t know your waking hours, they can’t call before 8:00 am or after 9:00 pm. They’re not allowed to make false threats about nonpayment, and they’re not allowed to use obscene or profane language.
But that doesn’t mean that you aren’t stressed over the collection efforts. If you’re struggling with making payments, one attempt to collect can feel like a million. You don’t know when the next call will come, and you feel helpless as you watch your debt balance grow even though you’re scraping together minimum payments as best you can.
That’s why debt settlement Massachusetts options can make such a big difference in your life.
Debt Settlement Massachusetts: Options That Make A Difference
Debt settlement Massachusetts options can help you get relief from your overwhelming debt. Debt settlement can help you repay your debts more quickly, as debt settlement Massachusetts specialists negotiate with your creditors for lower balances you can pay off in a more timely fashion.
If you’re struggling with debt and debt payments, you may be thinking about bankruptcy. But that decision may be one that follows you for the rest of your life. Bankruptcies can stay on your credit report for up to ten years, and you may face adverse effects when it comes to job applications or additional loans.
When you seek debt settlement Massachusetts options from UmbrellaDEBT Relief, you’ll have experienced negotiators working on your behalf. Debt settlement is most often the most affordable debt relief option you can seek, and most importantly, it’ll save you from having to resort to bankruptcy.
Umbrella Debt Relief: Debt Settlement Massachusetts That Cares
You don’t have to struggle with the burden of overwhelming debt alone. We’re experienced and accredited, and we’re waiting to help you find your way back to financial freedom. You’ve worried about how to make all the payments to all the creditors for too long. Debt settlement can change your life, and UmbrellaDEBT Relief can help you get you back on stable financial footing. Don’t wait another day wondering what you’re going to do. Contact us today and take the first step to financial freedom.