Debt negotiation is an aggressive approach to debt relief that cuts consumers debt payments drastically while giving them a chance to catch up with, and pay off, credit card debt much faster than the other debt relief options currently available. When we finish a debt settlement for a client, the usual reduction of the total amount owed to a client’s creditors is forty to sixty percent. Reductions of that scale provide our clients with the ability to pay off their consumer debt in total in a time span ranging from eighteen to thirty six months. Many of our clients are delighted to find that the elimination of their debt is accomplished with monthly payments that amount to only fifty percent of what they were paying before starting the program.
The debt settlement program at 800 Debt Settlement includes credit cards, medical bills, department store cards, signature loans, unsecured lines of credit, and revolving debt. Before embarking on a debt settlement process we will analyze all debt relief options to make sure that settlement will provide the most optimal results for your situation. We usually find that debt settlement, because of its flexibility in dealing with multiple sources of consumer debt and the steep reductions in principle owed often presents itself as the best option for struggling clients.
Once the debt settlement process is started, you will make one payment to an escrow or trust account per month where your funds will accumulate over time to give us enough money to make regular monthly payments as soon as each debt is negotiated and reduced. Staying current on your monthly checks is your only requirement during the entire process. We provide regular updates on how your debt settlement is going and our friendly staff is always happy to answer any questions you might have along the way. Along with staying current on monthly payments the best thing you can do is to stay committed to seeing the settlement through to its completion.
Debt negotiation, for most people struggling with credit card and other types of debt, is often the best way to get back on their feet financially. Contact 800 Debt Settlement to take the first step toward eliminating your debt.