Brief History:
The debt settlement industry became prominent in America during the late 1980s and early 1990s while bank deregulation, which loosened consumer lending practices, was followed by an economic recession. This placed many consumers in a situation of financial hardship.

With charge-offs (debts written-off by banks) increasing, banks across the country established debt settlement departments. These departments were staffed by personnel who were authorized to negotiate with defaulted cardholders.  Their goal was to reduce a cardholder's outstanding balances in the hopes of recovering funds that would otherwise be lost if the cardholder filed for Chapter 7 bankruptcy. These settlements ranged from 25% -50% of the outstanding balance.

We live in a time now that has extreme financial strain on our incomes.YouDebtNow.com is the only Company that gets results.We are proven against our competitors as simply the best. There are companies that don't have your best interest at heart,and the FEDERAL GOVERMENT has created a task force finding and  subsequently shutting down many of these "less-than-savory" companies due to their questionable and sometimes fraudulent practices.  This is where YourDebtNow.com comes into the picture....we will be here for you. No matter who calls you trying to intimidate, tell them to call us.

Compare our practices to other debt settlement companies:

 
Your Debt Now, Inc.:
  • We charge our FEE over the term of your enrollment so you can begin settling your debt immediately.
  • We believe in consistent support for every client. We are there with you every step of the way. 
  • We enroll you in a consumer advocacy group that will  inform you of all the insightful ways to handle any and all harassing calls or scare tactics that creditors may try.
  • You will receive a monthly newsletter and will always have access to not only customer service, but real people.
  • We provide you with the number one settlement bank in the United States that exclusively handles 80% of the debt industry and has been in business for over a century.