Debt Negotiation > Overview

We at Joshua Spirn & Associates have a powerful and no-nonsense method to eliminate your problem debts in the fastest possible time, all within your existing budget for monthly payments.

Are you one of millions of Americans struggling with credit card bills and other problem debts? Believe us, you’re not alone. Household debt (not counting mortgages or auto loans) of $20,000, $50,000 or even $100,000 is very common these days.

We’re about to reveal to you a method to honorably and ethically eliminate your problem debts, which is one of the best-kept secrets of the banking industry.

This is information that the insiders—the bank presidents and credit managers—don’t want you to have. But you have the right to understand ALL of your options before deciding which strategy will work for you. What we’re about to show you is powerful stuff. By the time you’re done reading this report, you’ll know more about debt management strategies than 99 out of 100 people trying to cope with the same problem. So, let’s jump right in!


First, we need to help you with an “attitude adjustment.” Many consumers think that by having a pleasant conversation with a bill collector on the telephone, and disclosing the nature of their financial problem, that the bank will somehow be sympathetic to their situation. WRONG! If you’re having trouble making payments on your debts, it’s important that you understand one thing:


They want their money, and that’s all there is to it. The bank that holds your account doesn’t care how the debt got there. They only want your minimum monthly payment, period.

It doesn’t matter that you (or your spouse) lost your job and couldn’t find another one for six months.

It doesn’t matter that you were sick or seriously injured and had medical bills that put the whammy on your finances.

It doesn’t matter that you’re drowning in debt as the result of a difficult divorce or separation.

As far as the bank is concerned, you signed an agreement, and unless you pay your bills on time, they intend to make your life very unpleasant. Once you start to fall behind, they lower the boom, and the dreaded collection process begins. It starts with polite phone calls and letters (“Did you forget to send us your payment?”) and rapidly escalates to daily harassment, nasty letters, and abusive tactics.

Collection activity is designed to pressure you to find money someplace and send it in NOW. Once you fall behind, the bank becomes your adversary—not your friend.

Here’s one small sample of ruthless credit tactics: Get out a copy of your credit card agreement with a bank—any bank, since they all do this—and look carefully at the fine print. You’ll find, if you look hard enough with a magnifying glass, that there is a nasty clause that informs you of the following: “Interest rates will be substantially increased in the event that debtor defaults on monthly payment agreement.”

That’s right. The banks kick you while you’re down! Just when you most need them to LOWER the interest rate, so you can dig yourself out of trouble faster, they start charging a HIGHER interest rate. In our opinion, this should be illegal, but unfortunately it’s not. We’ve seen rates jump from an already ridiculous 20% up to 27% when a debt goes delinquent. In the good old days, people went to jail for charging that kind of interest. But today, they just become bank presidents.

Check out some debt strategies to eliminate your debt today >