San Jose Debt Settlement
The slow down in the San Jose local economy has caused a lot of people to default or fall behind on their credit card debts among other debts. Bank One, Capital One, AMEX and other major credit card companies and issuers know that people can't pay and have been secretly offering credit card debt relief to consumers in San Jose who owe more than $10,000.
These companies know that the average credit card default rate in Santa Clara County is about 10 percent. That means they never collect the entire balance owed from those consumers. As a result, they have created a program for people in the Santa Clara County region called a debt settlement. A debt settlement offer allows the credit card companies to collect a smaller portion of the balance you owe.
"I owed about $8,000.00 in combine California state and IRS taxes and had no money to pay. The Offer in Comprise helped reduce that amount." -- Jackie (California)