With Rising Gas Prices Adding To Credit Card Balances, Consumers Are Legally Eliminating Their Debt

Post on Jul 12th 2008

Gas prices continue to surge upwards, and we havent reached the time of year when they normally rise. For many Americans who fill up the tank using plastic, this just adds to their ever-ballooning credit card balances. Putting an even greater burden on people who can barely afford to pay the monthly minimum.

The good news is that many people are learning how to conserve energy, something they should have started 40 years ago. The bad news is that too many people remain dependent on their vehicles as the only means of transportation.

When the credit card balances become out of control, the consumer begins search for their best debt relief. Instead of a consolidation program or refinancing their house (again), consumers are now turning to debt elimination. With this program, people can legally walk away from 100% of that debt, without bankruptcy, consolidation, or refinancing.

The process that is used to discharge debt is based off of U.S. Supreme Courts decisions, Title 15 United State Code (USC), the Fair Debt Collections Practices Act, the Fair Credit Billing Act, the Uniform Commercial Code (UCC), and numerous Banking and Lending laws.

Given the fact that bankruptcy is no longer an option, consumers are now finding this type of debt relief more suitable to their needs. They are also finding their credit scores are higher after completing this process. This allows for lower interest rates for their future auto and home purchases.

Jim Vrana of The True Debt Advisor (http://www.TrueDebtAdvisor.com) states, Buying gas for their car certainly doesnt seem like irresponsible spending. For most people it is a mandatory burden. He adds, This program is giving people a fresh start on their financial lives. A do-over you might call it. Without the credit-sting or shame of bankruptcy.

Contact:

Jim Vrana
True Debt Advisor
(800) 637-1785
http://www.TrueDebtAdvisor.com

Billed as The True Debt Advisor (http://www.TrueDebtAdvisor.com), Jim Vranas mission is to educate and empower people to overcome their financial challenges. The time-tested legal procedures used to eliminate credit card debt have been used by thousands of people with tremendous success. It is truly the alternative to bankruptcy, credit counseling, and debt consolidation. The program is applicable to all major credit cards and unsecured signature loans.

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