Debt Settlement Definition
Individuals all over the world are experiencing the financial burden of overwhelming debt more than ever before. Unsecured debt, including credit card debt, medical debt, personal loans, credit union loans, deficiency balances and collections accounts, are the types of debt that may qualify for a debt settlement program. Every single day more and more people in need of debt help are finding debt relief through debt settlement. Debt settlement, also known as debt negotiation, but not to be confused with debt management or debt consolidation, is a process whereby a consumer's debt is negotiated with creditors at a reduced amount.
Who should I use?
There are many debt settlement companies available to the consumer today. The
consumer can even negotiate on their own behalf. However, without the
professionalism and knowledge of an attorney it becomes a daunting, difficult and
time consuming feat. Additionally, utilizing an unaccredited 3rd party company to
represent the client can be risky and may cause heavy financial and legal complications.
We believe that the only way for a client to be safe and be ensured
that the process is truly legal is by retaining the services of an attorney or law firm to
represent them in debt negotiations with creditors.
Why we are here?
There are many debt settlement companies emerging given the recent economic conditions.
For this reason we have established an information based web presence that helps
educate consumers on debt settlement and aims to protect them from the unaccredited
organizations. When a client seeks debt solutions through our network, we connect them
with attorneys and law firms that have a local presence to support the client's needs and
protect them through the debt settlement process. We also connect clients with firms that
have not just offered debt settlement, but have specialized in debt settlement for many years.
Our mission is to ensure that consumers are not taken advantage of by debt settlement
companies that are "here today and gone tomorrow."
What are the benefits?
Debt settlement is a debt relief option that gives the client maneuverability within
their current financial situation. By leveraging earned income, current debt, and
other financial hardships, the goal is to the get the client out of debt in the shortest
length of time and for the lowest possible cost. Debt settlement is for the consumer
who does not want to deal with the headache of bankruptcy, however as we discuss
in Debt Options, if bankruptcy is the most viable
alternative for the client our attorneys will advise that they take that route.
How can I save money?
While debt settlement will not only shorten the length of debt and reduce total cost,
debt settlement can also help provide immediate cash relief. This is done by lowering
the monthly payment during the negotiation process. The entire debt settlement program
will also include tackling late charges, over limit fees and excessive interest charges.
When can I start?
You can start your debt free life right now. Click here for a Debt Analysis or call us directly at 480-788-3328 and one
of our trained specialists will be in contact with you shortly to put you on the path to
financial success. We respect your privacy and will not sell any of your personal
information to 3rd parties. All of your information is confidential; view our Privacy Policy for more information.