How the debt settlement process works

As a general rule, people who pursue debt settlement can’t afford to pay off all their debts. A successful settlement allows them to walk away without having to pay everything, potentially saving them a lot of money.

The creditor should consider it will receive as much as it can from the settlement and wipe an overdue account from its books.

If the creditor agrees to the partial payment of a loan or credit card debt, in exchange for an immediate lump-sum payment, it will collect on a debt that might have been otherwise uncollectable.

The settlement renders the debt paid in full, regardless that it was only a partial payment of the actual debt. While results are not guaranteed, most consumers have large debts cleared and can soon lead a DEBT FREE life…

To get help paying off your debts, please just click the “contact us” tab at the top of this page or call us now at toll free: 888-621-8220

Leave a Reply

Your email address will not be published. Required fields are marked *