1. 1-877-326-2863 | www.simpleandeffectivecreditsolutions.com
Why choose Simple And Effective Credit Solutions?
OPTION FEE/COST DURATION CREDIT EFFECT/
RISK
Bankruptcy
(Chapter 13)
105% payback for
debt, attorney,
courts, trustee fees
2-5 years Scores held
hostage for
duration (court
orders)
Debt Settlement 50-55% of debt
balances
2-6 years Scores held down
& client may
receive wage
garnishment. Client
receives a 1099C
for taxes on unpaid
balance
Debt Consolidation 100% payback plus
interest
4-15 years Client must have
great credit to
qualify
Do Nothing Subject to higher
interest rates long
term which cripples
ability to borrow
Unknown Vulnerable against
summons,
judgments and
wage garnishment
Borrow Money from
friends or family
100% of debt
payback
Negotiated private
terms
Relationship
destruction or
animosity may
develop
Debt Management
(Most DM co.’s are
bank owned)
100-150% of debt
payback
2-5 years Considered as
detrimental on
credit as a
bankruptcy to
lenders
Simple And
Effective Debt
Solutions
35% of alleged
debt at charge-off
12-18 months Accounts
invalidates &
includes credit
restoration to
improve credit
scores and remove
derogatory
accounts
permanently