What do you think of when you hear the phrase “eliminate a portion of your debt up to 60%?” I bet you are thinking scam alert! Yes, this may sound too good to be true, but it isn’t. Thanks to the United States government and President Obama it is now easier to legally eliminate a portion of your debt to due stimulus money.

As you know, stimulus money comes Investment platform in different formats; sometimes it goes directly into our pockets and other times it gets into the hands of banks and other financial lenders. Our government caused controversy when it provided billions of dollars to banks on the brink of failure. Yes, I am sure that you could have used some of this stimulus money, but, even though you didn’t get any directly into your pocket, you can still use that stimulus money to eliminate a portion of your credit card debt. How so?

The stimulus money rsmelati provided to banks and other financial lenders has given them a cushion; they have some extra money to use. This money, along with tax write-offs, is being used to make up for bad debts. Now, creditors aren’t taking a full hit when you cannot pay your entire overdue balance in full; forbixindia they have a cushion to fall back on. This has provided them with some flexibility and most creditors will jump at the chance to settle your debt for less when presented with a reasonable offer. Essentially, they have realized now is the best time to get a percentage of their money, as opposed to none of it later down the road.

So thanks to the stimulus money given to banks and other financial lenders, now is the best time to settle your debt for pennies on the dollar. For the high reduction in debt, use the services of a legitimate debt settlement company. They are easy to find when you utilize pocketlegals a debt relief network. These networks work with different companies, but they are all the best in the industry. Relief networks don’t just let anyone into their programs; they test, monitor, and track the success of each company to ensure nothing but the best results for debt-ridden consumers like you.