These new federal laws have put 90% of the shady debt relief services out of business. The companies that made a killing by simply collecting upfront fees know they cannot survive under the recently passed legislation.

New laws were recently passed by the federal trade commission that bans debt relief companies from collecting upfront fees. Now they must actually perform and settle your credit card debt for a minimum percentage or you don't pay a single penny.

oing a simple google search for "Obama credit card debt relief" will display thousands of results, some of which are true and many others which are misleading. Here we will separate fact from fiction concerning Obama credit card debt relief.

Coming off one of the worst recessions since the great depression many consumers simply cannot afford to pay back their credit card debt. The federal government recently confronted this fact and passed new laws for consumer debt relief.

Millions of Americans are trapped with massive credit card balances and simply cannot afford to pay it back. New laws and federal legislation has made consumer debt relief easier. Here we'll take a look at the top 3 debt relief options for 2011.

With unemployment at very high levels and an uncertain economy, many financial experts are predicting an increase in debt settlement deals in 2011.

The Federal Trade Commission recently passed consumer protection laws concerning credit card debt relief. These laws ban debt settlement companies from collecting upfront fees and provide much more protection for the consumer.

Credit card debt settlement used to be a very risky option for getting out of debt. Now however it is much less risky. Consumers will no longer have to worry about paying upfront fees and seeing no results.

What used to be a very risky option, in joining a debt settlement program, is now much less risky. Consumers won't have to worry about getting ripped off cause they won't be paying their fees until the debts actually settle.

Doing a simple google search for "Obama credit card debt relief" will display thousands of results some of which are accurate yet many more are simply not true. Consumers that are seeking debt relief need to understand what they're getting into

Consumers won't have to worry about getting ripped off cause they won't be paying their fees until the debts actually settle. If the debt relief companies don't settle the debt then they don't get paid.

New credit card debt relief laws passed by the Federal Trade Commission just went into place. These laws ban debt relief companies from collecting upfront fees and provide much more protection on behalf of consumers.

As a result of new federal lwas, debt settlement has become a much better option for consumers and small businesses on the brink of bankruptcy. With the official ban of upfront fees, consumers won't have to pay a dime until their debt settles.

These new federal laws have put all the shady debt relief companies out of business. They simply cannot survive without collecting upfront fees. The legitimate debt settlement companies however will ultimately benefit from this legislation.

Just recently, the federal trade commission of the United States instituted new laws that make it much easier for consumers and small businesses to settle their unsecured credit card debt.

Credit card debt relief programs have been around for over 10 years but up until this past year they were probably not in your best interest. Now when you enter a debt relief program, you will not have to pay a dime until your debts are settled.

Doing a simple Google search for "Obama credit card debt relief" will produce many results some of which are true and some of which are not. It is important for consumers to understand the truth behind these advertisements so they are not mislead.

The reckless lending standards in America over the past two decades has put millions of Americans deeply in debt and in search of credit card relief. Here we'll take a look at why many experts are predicting an increase in debt settlements in 2011.

oming off one of the worst recessions since the great depression, many consumers are left with massive credit card balances with simply no way to pay them back. In order to avoid bankruptcy, new laws make credit debt relief programs appealing.

Due to the massive amount of people experiencing a financial hardship, creditors are having no choice but to make debt settlement deals. With the new credit card debt relief laws in place, 2011 is expected to see more debt settlement deals.

Credit card debt relief programs have been around for over a decade however just until recently they were probably not in your best interest. Now however, thanks to new federal laws, it is much easier to settle your bad credit card debt.

These new federal credit card debt relief laws go a long way in making the debt settlement process legitimate. Nearly all of the shady debt relief companies have been put out of business. No if they don't perform, you don't pay.

The new federal debt relief laws have banned debt settlement companies from collecting their fees upfront. They now must actually live up to their promises and settle your debt if they want to be paid. They can't settle your debt, you don't pay.

It seems like you can't even turn on the radio or television without seeing someone saying they can cut your credit card debt in half. So do any of these programs actually work?

If you have massive credit card debts and feel like bankruptcy is your only option, think again. There are legal ways to settle bad credit card debt and here we explore the most popular methods.

The passage of the new debt relief laws have created several options. There are a few things which consumers can use as a checklist to make sure a debt relief company is legitimate. Here we will take a look at the top 3 things to look out for.

Consumers up to their neck in credit card bills should always consider bankruptcy to be their very last option. New federal debt relief laws have made other option much more financially advantageous.

The Debt Settlement Relief Act was recently passed and now consumers won't have to pay any fees to debt relief services until they reach a successful settlement deal and eliminate at least 35% of your unsecured debt.

After one of the worst recessions since the Great Depression, consumers and small businesses are stuck with massive credit card balances. Before filing bankruptcy however it would behoove you to look into your debt relief options.

The Credit Debt Settlement Act 2010 was recently passed by the FTC of the United States. These federal laws prohibit debt relief programs from collecting upfront fees therefore making it a much better option for consumer debt relief.

Coming off one of the worst recessions since the Great Depression there are more consumers on the brink of bankruptcy than ever before. Before filing bankruptcy however it is wise to look into your debt relief options.

The Credit Card Debt Relief Act 2010 makes it much easier and less risky for consumers to settle their credit card debt for less than they owe. Now consumers that enter a debt relief program will have much more protection under the law.

With the new debt relief laws that were recently passed by the FTC, consumers now have a couple different debt settlement options. The main two options are the attorney based model and the no advance fee model. Which is best for you?

Bankruptcy used to be the easiest way to eliminate debt however with these new FTC laws in place, entering a debt settlement program has become far less risky. If they don't settle your debt you don't have to pay a dime.

As of July 28th, 2010, the Federal Trade Commission (FTC) passed the Credit Card Debt Settlement Act of 2010. Debt settlement is now a much more attractive option for consumers in credit card debt.

The most important aspect about this legislation is that the process of credit card debt settlement or debt negotiation has become much more legitimate. The risk has been taken off the consumer and transferred to the debt relief services.

The debt settlement industry is now much more legitimate. New laws recently passed are expected to be a big win for consumers in debt. The days of paying large upfront fees without getting any real debt relief service are over.