NEW YORK, NY--(Marketwire - Sep 13, 2012) - Many responsible individuals put a great deal of effort into ensuring that they remain debt-free, paying off their credit card balance at the end of each month and never overextending themselves, financially. Even for these individuals, however, credit card debt is a very real threat, and it can haunt them in surprising ways. Specifically, Fox Business reports that family members can sometimes find themselves burdened by the credit card debt of a deceased relative. This sobering reality has won the attention of Worth Unlimited.
Worth Unlimited is a company zealous for helping individuals reach their financial goals, including both debt freedom and personal wealth cultivation. Worth Unlimited is known for the Worth Account, a system that functions as a sort of financial GPS. Users can log into the system for just a few minutes each month, charting their financial objectives and then trusting the program to keep them on course to meeting those goals. Worth Unlimited has responded to the Fox Business report with its own statement to the press.
"Regardless of how you got the debt, the Worth Account from Worth Unlimited can help you to eliminate it," says the company's press statement. Indeed, Worth Unlimited is passionate for helping individuals eliminate their credit card debt and gain financial liberty and independence. "Thanks to this Smart Money tool, consumers across the U.S. are watching their debt evaporate in less than a third of the time it would take under other circumstances."
Fox Business reports that, when a person dies, his or her remaining assets are used to pay off whatever debts still remain. In some cases, however, there may not be enough remaining assets to take care of all the debt. In these instances, the creditors are often out of luck, but there are certain circumstances in which family members are tasked with taking care of remaining debt.
Fox Business reports that joint cardholders are the ones who should be most worried about inheriting credit card debt. Joint cardholders are those who sign to help activate the account; typically, they are the parents of college students, or, in some cases, adult children helping their aging parents open credit card accounts. Fox also notes that credit card debt can be inherited by a divorced spouse, if his or her name has not been properly removed from the account.
Worth Unlimited's Worth Account program allows individuals to set financial goals and ultimately work toward becoming debt-free, with minimal time and effort required.
Worth Unlimited is a company designed to help individuals reduce debt and maximize personal wealth, all through strategic and savvy online financial management strategies. The company developed its Worth Account system as an intuitive online platform, designed to help individuals stay on course financially. The Worth Account platform offers around-the-clock monitoring and analysis, allowing individuals to gain a comprehensive understanding of their own finances. Worth Unlimited is passionate for helping clients meet their financial goals.
More information about the company, and the Worth Account system, can be found at worthunlimited.com.