Website Launches Service To Assist Consumers With Bankruptcy Alternatives

Precept Financial, a leading debt settlement firm, has announced a new service to assist consumers in managing, reducing and eliminating debt without bankruptcy.

"New bankruptcy laws went into effect in October of last year, which makes it tougher for consumers to clear their debts," says company spokesperson Robert Coats. "For those consumers seeking debt relief through bankruptcy, they are finding that the new laws make it harder for them to prove that they should be allowed to clear their debts. Our debt settlement service provides a viable alternative to bankruptcy and puts debt relief insight for those that felt that they had no way out from under their burgeoning debt."



"The average consumer in a financial crisis will often become more distraught when they discover how the new bankruptcy law adversely affects their goal of debt relief or debt elimination. Many consumers are totally unaware that the new law;

- Makes finding a competent lawyer more difficult because the new law could penalize the lawyer for errors or oversights or intentional client omissions
- Requires you to go through a very stringent "test" to determine if you even qualify for bankruptcy. This test is much more difficult under the new law.
- Uses the IRS code to determine what should be reasonable for you to pay for things like housing, food and other necessary living expenses.
- Requires that you must meet with a credit counselor in the six month prior to filing for bankruptcy



The debt settlement program at Precept Financial provides a way for consumers to successfully address their debt issues without having to go through the rigors of filling bankruptcy. Their certified debt arbitrators are experts at negotiating debt settlements and can reduce a consumer's credit card debt for pennies on the dollar, often saving their clients thousands of dollars off their debt. With Precept's years of industry knowledge they have successfully assisted people across America in becoming debt free by providing them with proven strategies to help maintain long-term financial and lifestyle security.



Precept has set up a live online service to help those with questions and those in immediate need of debt relief. Their professional and courteous staff take the mystery, humiliation and confusion out of the debt process, and a free evaluation can be performed in the convenience and privacy of your home.

For more details about Precept Financial's new service, please call toll free at 1-800-584-0855 or visit their website at: http://www.pfsdebtsettlement.net/

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About Precept Financial

Precept Financial is a debt settlement company dedicated to helping consumers with financial hardships to resolve their unsecured debt by negotiating with creditors on the consumer's behalf to have the debt substantially reduced to a mutually agreeable amount. By helping consumers avoid bankruptcy, Precept Financial provides a service for both debtors and creditors. Precept Financial is a member of The Association of Settlement Companies, the Greater Dallas Chamber of Commerce, the American Bankers Association and the International Association of Debt Arbitrators. For more information about Precept Financial, call 1-800-584-0855 or visit the main company site located at http://www.preceptfinancial.com.

Robert Coats

Internet Marketing Manager
Precept Financial Solutions
http://www.preceptfinancial.com
972-788-8126 ext 2239



This release was published on openPR.