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Psalm 51:10-12 (CSB) God, create a clean heart for me and renew a steadfast spirit within me. Do not banish me from your presence or take your Holy Spirit from me. Restore the joy of your salvation to me, and sustain me by giving me a willing spirit.Could it be that in our pursuit of God through religion that it becomes our focus to avoid sin rather than to embrace a true relationship with the Lord through righteousness? The purpose of righteousness is much greater than avoiding bad things, it is the fulfillment of God’s Purpose by doing the right things. The Bible says that to those who love God – His Commands are not burdensome. (I John 5:3) There is a shift in mentality found in true repentance that is often lost by checklists of doctrine. Perfect love casts out all fear especially that of punishment which is the sole source of avoidance of sin our side of a loving relationship with Jesus Christ. (I John 4:18) For those who seek Him to know Him will find that true repentance can pr…

How Do I Know If Debt Settlement is the Best Option for Me?

Debt settlement can be a fantastic debt relief option for some, but keep in mind that there is no ideal solution. Here are some key questions you should ask yourself before pursuing debt settlement as a debt relief option.


Debt settlement is a debt relief option that involves working with your creditors to renegotiate the terms of your loans or to settle – or forgive – a portion of your debt. It can be a feasible debt relief option for some consumers, but there are certain factors to consider before you pursue it. Keep in mind that there is no ideal solution: There are always drawbacks and consequences, as well as certain hurdles to clear. Not to mention, debt settlement will impact your credit score, so make sure you are absolutely certain this is the right option for you before you explore it further.


Here, we will discuss some of the key considerations you should examine before pursuing debt settlement as a debt relief option.


Are you current on your payments? If you’ve already fallen several months behind on your payments, this may not be the best option for you. Your creditors are much more likely to work with you and offer flexibility if you’ve reached out to them before falling delinquent. Not to mention, staying current on your payments means that your creditors haven’t already started to reach out to you or referred your account to collections, which gives you a much better chance of successfully negotiating with them.


Do you have an open line of communication with your creditors? Your creditors will be far more likely to help you if you communicate openly with them before you default on any payments. This will give you credibility and signal to them that you’re willing to pay them – you just might need some flexibility on either due dates, repayment scheduling, or even the total amount owed. If you don’t have an open line of communication or the prospect of negotiating with your creditors is too stressful, consider engaging a reputable debt relief company to represent you and to communicate with them on your behalf.


Are you having ongoing cash flow issues? Debt settlement is a fantastic option for either individuals or businesses with some revenue and ability to repay, but who are experiencing cash flow issues that prevent them from making payments in a timely manner. By adjusting your due dates or extending your repayment schedule to lower your monthly payment amounts, you can address many of your cash flow issues while still paying your creditors.


Are you prepared for the tax liability associated with any forgiven amounts? This applies if your creditors forgive a portion of your debt. The IRS considers forgiven debts taxable income, so you will need to report it and pay taxes on it. If your creditors forgive a large portion of your debt, keep in mind that this also means you will owe a lump sum to the government, so make sure that you either have the cash – or a plan – to do so.



If you’ve already fallen behind on your payments or you are anxious about reaching out to your creditors, this doesn’t mean that you shouldn’t seek debt settlement as an option. No matter your situation, it’s important to find a reputable debt relief program to help you navigate the process if you’re feeling overwhelmed by your debt.


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