Start Today! Debt Freedom

Bankruptcy People

Credit CardStart Today! Debt Freedom

You must take Action and get out of Debt! You know you need to get out of debt. You think about it all the time—you feel you can’t stop worrying. Stop worrying and start taking action! These two baby steps can start to relieve your fear and stress instantly.

Step 1: Make a list your debts you need to pay excluding rent or mortgage. List the name of the creditor, amount of maximum allowed debt, amount of actual debt, interest rate and amount of minimum monthly payment.

Step 2: Know yourself. You can decide to either consolidate/combine the debt into one payment OR start to pay off your smallest debt while paying interest on all other debts. If you have the personality where you need to see results in order to stay motivated then choose the second option. However, if you can consolidate your debt into one easy payment and stay focused—you will be pleased with the results.

One of the factors in the calculation of your credit score is the amount of your total available credit which is currently being used. As you pay down your debt, your credit score will be rising at the same time.

Talk to a trustee in bankruptcy regarding these options and let an expert help you decide what is best for you and your financial situation. The moment you become debt free is the moment you can begin to save for your future and have the life that you deserve.

Contact Rumanek & Company Ltd. for more information on bankruptcy and debt solutions. Or please fill out the free bankruptcy evaluation form. To learn more please visit our YouTube Channel. Rumanek & Company have been helping individuals and families overcome debt for more than 25 years. 

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