Debt Relief:Proposal: Difference between revisions

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Americans give little consideration to the consequences of overspending. Being in debt is serious and there is help for those who need it. Loans are justifiable in many instances, but the funds to repay those loans must be available.  
Americans give little consideration to the consequences of overspending. Being in debt is serious and there is help for those who need it. Loans are justifiable in many instances, but the funds to repay those loans must be available.  
Joe Smith, for example, has fallen into the ''debt trap''. Although Joe is already obligated to repay $60,000.00 in student loans, he had daily living expenses and owes approximately $13,000.00in unsecured debt.  Joe completed his education and is employed, but now finds that he cannot fulfill his obligation to repay the money he has borrowed on his $40,000.00 annual income.    Joe is employed and he has to pay his bills or his creditors may refer his accounts to a [collection agency].  Collection agencies sue and  garnish paychecks to get the money owed. Although Joe is way over his head in debt, he wants more. He wants a new (expensive) car and a house. Joe realizes that his paychecks can only stretch so far and that he needs help to manage his debt. Getting out of debt requires an understanding of debt, as well as, simple applications that can help in the process.
Joe Smith, for example, has fallen into the ''debt trap''. Although Joe was already obligated to repay $60,000.00 in student loans, he had daily living expenses and owes approximately $13,000.00 in unsecured debt.  Joe completed his education and is employed, but now finds that he cannot fulfill his obligation to repay the money he has borrowed on his $40,000.00 annual income.    Joe is employed and he has to pay his bills or his creditors may refer his accounts to a [collection agency].  Collection agencies sue and  garnish paychecks to get the money owed. Although Joe is way over his head in debt, he wants more. He wants a new (expensive) car and a house. Joe realizes that his paychecks can only stretch so far and that he needs help to manage his debt. Getting out of debt requires an understanding of debt, as well as, simple applications that can help in the process.


==Proposal==   
==Proposal==   
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