Debt Settlement

Debt settlement is an agreement between a debtor and a creditor to fully satisfy a debt for a reduced payoff amount. A debt settlement is usually reached when a debtor is unable to fully meet his/her debt obligations due to financial hardships. Debt settlement is also called debt negotiation. Technically speaking, a debt settlement is the agreement while debt negotiation is the process through which both parties reach that agreement.

Debt settlement programs are designed to assist consumers with a financial hardship to reduce their debt through debt negotiation. Debt settlement specialists will negotiate a less than full balance settlement to resolve the debt. Credit cards, medical bills and other personal unsecured lines of credit may be eligible for a hardship settlement. To discuss debt settlement and find out what your aptions are to get out of debt contact a debt analyst today. You can call 866-671-DEBT (3328) or fill out the Online submission form to have one of our Debt Analysts contact you.

Need help? Call Now!

866-671-DEBT

Debt Analysts are available to assist you in starting down the path to financial freedom.