Latest Posts
Home > Author Archives: Charles Phelan

Author Archives: Charles Phelan

Charles Phelan

Debt Settlement Myth #6: It’s Safe To Take 36-48 Months To Settle My Debts

justball-144x125

This is the sixth in a series of posts discussing the most common myths about do-it-yourself debt settlement. Most traditional debt settlement firms are still quoting program durations of 36-48 months, sometimes longer, and clients are led to believe that it’s safe to take that long. By “safe,” I mean a low risk of lawsuit activity. After all, multiple lawsuits ... Read More »

    Bank of America Credit Card Debt Settlement Advice and Instructions

    justball-144x125

    If you’re facing a legitimate financial hardship and can’t make the minimum payments on your Bank of America (or FIA Card Services) credit card account then one potential solution is to negotiate a lump-sum settlement for less the balance owed. If you’re unfamiliar with debt settlement, you’re probably wondering how someone who can’t make their monthly payments would have the ... Read More »

      How to Settle American Express Credit Card Debt

      justball-144x125

      If you’re facing a legitimate financial hardship and can’t make the minimum payments on your American Express credit card one potential solution is to negotiate a lump-sum settlement for less the balance owed. If you’re unfamiliar with debt settlement, you’re probably wondering how someone who can’t make their monthly payments would have the funds needed for a settlement at, say, ... Read More »

        Why It Makes Sense to Consider Debt Settlement for Second Mortgages and HELOCs

        justball-144x125

        The debt settlement strategy has generally been limited to negotiation of unsecured debt accounts like credit card debt, store charge cards, personal loans, and medical bills. With secured debts, there is always collateral at stake, in the form of property like a home or vehicle. Given the right of secured creditors to foreclose or repossess property, it didn’t make much ... Read More »

          How Settlement Companies Can Maximize Income and Have Happier Clients by Teaching People How to Settle Their Own Debts

          justball-144x125

          Charles J. Phelan has been helping consumers become debt-free without bankruptcy since 1997. A former senior executive with one of the nation’s largest debt settlement firms, he is the author of the Debt Settlement Success Seminar™, an 8-hour audio-CD course that teaches consumers how to choose between debt program options based on their financial situation. The course focuses on comprehensive ... Read More »

            Get My FREE Get Out of Debt Guy Newsletter

            It is the smart thing to do.

            I promise to keep your email safe and secure.

            Close

            I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

            You can unsubscribe at any time with just one click.

            After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


            • It will keep you posted on the latest scams.
            • You will be alerted to the latest articles.
            • You will wind up smarter than everyone else dealing with debt.