Credit Card Debt driving to Bankruptcy? What are you thinking, heavens, shake yourself and read this Lawful Alternative.

    /24-7PressRelease/ - NEWPORT BEACH, CA, August 17, 2006 - It's not a tough choice to pick our program it is just that you did not know it existed.

Consider the cost of Bankruptcy vs. Lawfully Eliminating your Credit Card Debt totally and establish your status to the National Debt as a Creditor not a Debtor.
Folks will be amazed at not only the dollar cost but also the cost of time and the 6 months spent with credit counseling before they are allowed to file. The average American is kicked in the pants once again only worse with the New Bankruptcy Law.

Bankruptcy cost and fees have increased dramatically since the New Law took effect on October 17, 2005. Check your own District's Bankruptcy Court for further information on Filing Fee Schedules and other related cost action fees. However, if Credit Card Debts alone are forcing U.S Citizens to consider carrying the stigma of that "Dark Road" of Bankruptcy, that decision will shadow them for the rest of their lives. CreditCardRIP has a moral, ethical and lawful solution to your Credit Card Debt.

We are all tired of feeling powerless, of being worried, of getting that queasy feeling every time the phone rings and every time the mailman comes. Cardholders can eliminate these feeling if they are stress or overwhelmed with credit card debt.

This subject was addressed in a resent article at Newswire Today (newswire - Hoschton, GA, United States, 03/18/2006) titled: "After Bankruptcy Reform Consumers are now Learning How to Discharge Debt."

"Americans carrying too much credit card debt have had the Bankruptcy option swept away. Many are now turning to a little known alternative; discharge 100% of their debt without bankruptcy, consolidation, or refinancing.

Thanks to the new bankruptcy reform laws, many Americans who are overburdened by their credit card debt will no longer qualify for Chapter 7 bankruptcy protection. However, consumers need to know that an alternative exists for people to walk away from 100% of that debt.

The following is an estimated chart of cost of declaring Bankruptcy. But no one can put a price tag on the loss of credit availability and psychological impact of Bankruptcy.

Prudent Estimation Cost Of Bankruptcy
The attorney: Chapter 7 $600 to 3,500 * Chapter 13 $1,500 to 3,500 **
Credit counseling: Chapter 7 and Chapter 13 $50 *
Bankruptcy petition: Chapter 7 $299 Chapter 13 $274
Amendments: Chapter 7 and Chapter 13 $26 per amendment
Reopening bankruptcy case: Chapter 7 $220 Chapter 13 $150
Conversion: Chapter: 7 to 13 No Fee
Conversion: Chapter: 13 to 7 $15
Splitting a case: Chapter 7 $220 Chapter 13 $150
Compel abandonment of property: Chapter 7 and 13 $150
Withdraw the reference: Chapter 7 and 13 $150
* Estimates
**Bankruptcy courts set a fee limit based on local rule or general order

YOUR REPUTATION ----PRICELESS!

And then we have the issue of Taxes. - WHAT TAXES ARE DISCHARGEABLE?
Dischargeable taxes are not specified on the Bankruptcy Code does. What is specifies are taxes that are excepted from discharge. Income taxes excepted from discharge are primarily addressed in Bankruptcy Code sections 507(a)(7)(A), 523(a)(1)(B) and 523 (a)(1)(C). In summary, unless secured, income taxes are not excepted from discharge, and consequently are dischargeable if:
1. A return has been filed;
2. If filed, assessment was not based on fraud;
3. If filed late, the return was filed two years or more before the bankruptcy petition;
4. The tax return, with extensions, was due three years or more before filing of the bankruptcy petition; and
5. Tax liability was assessed more than 240 days before filing of the petition.
All of the above condition must be meet.
We think of bankruptcy as a last resort solution whether for Credit Card Debt or IRS debt.

Credit card debt elimination offers a solution when compared to Bankruptcy is not only more economical but it gives the consumer facing financial ruin more flexibility.
If you are heavily ($8,000 or more) in DEBT to credit card companies, we can help you. Use banking law, Truth in Lending Law, Fair Credit Billing and Reporting Acts, US Code of Federal Regulations, Usury law, etc, to assert your rights. Through the services of Credit Card RIP your Credit Card Debt will be gone in 12 to 18 months. Should you wish a Settlement specialists will assist you to achieve a win solution. If you are feeling the stress and fear of financial doom mounting daily ...we urge you to take action today! And that starts by visiting CreditCardRIP.Com Now!

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