Debt Settlement Services
Settle Debts For Less Than What is Owed!
Hire a Professional or Do It Yourself
A Debt Settlement is a process used by both debtors and creditors
to settle a debt for less than what is owed. The process is also called Debt Negotiation and Debt Reduction. Most often the process is used to negotiate a credit card debt settlement, although a settlement can be reached on many kinds of debt, including taxes, medical and utility bills, business debt, and even secured debts, such as, personal loans, auto loans, and promissory notes.
If you have already decided that a debt settlement program is right for you, simply complete the form on the right hand side for a no obligation FREE debt consultation. A certified debt counselor will discuss your financial situation and will be able to place you in a debt settlement program that is suitable for your particular needs.
If negotiated properly on behalf of the debtor a debt settlement can quickly and dramatically reduce the debtor's debt. Debt settlements range from 30% to 70% of the current debt, with the typical debt settled for 45 cents on the dollar. After paying agency fees, a typical client realizes a savings of around 20% to 40% of their original debt placed in the program. Most debtors resolve their debt in 1-3 years!
Debt Settlement Programs, their fees and results can vary greatly depending on many factors, including, but not limited to, state laws, the skill of the settlement negotiator, who the creditors are, and the professionalism of the debt settlement company.
While you may want to negotiate your own debt settlements, it may
be best working through a professional debt settlement agency who knows the ropes and can watch out for your best interest. There is definitely a right way and a wrong way to handle this procedure.
To learn more we highly suggest that you complete the form on the top right to apply for a FREE Debt Consultation. There is absolutely no obligations and a certified debt counselor can help you determine the best option for your particular needs.
Please note however, that there are many companies that offer debt settlement services who make false claims and fail to meet its stated obligations. Before contracting with any agency be sure to do your
due diligence. Research the firm, their BBB report, ask questions, get references and be sure that you completely read and understand any contract that you are required to sign.
If you believe that you can settle you own debts, we suggest that you first obtain a Do-It-Yourself Debt Settlement Kit provided by the National Financial Awareness Network. This organization is a financial literacy company that offers educational products and services related to personal finance. NFAN provides independent information about credit, credit cards, debt relief options, consumer issues, identity theft and other related topics for debt relief companies and their clients.
Their Do-It-Yourself Debt Settlement Kit provides a proven system for helping people negotiate directly with creditors to reduce their outstanding balances on credit cards and other unsecured credit accounts. The system is presented in three levels comprised of an audio seminar and workbook that includes worksheets, exercises and illustrations to guide you through the information.
While there is a fee for their kit, it is minimal compared to the cost of working through a professional debt settlement agency, which will typically charge you a percentage of the amount of debt saved through each settlement. Depending on the amount of debt placed in the program, this could easily amount to thousands of dollars.
The National Financial Awareness Network offer three choices for their Do-It-Yourself Debt Settlement Kit starting at only $59.99, a package for $129,99 and one for $279.99. Because the last package offers the entire kit and three courses, if you have a considerable amount of debt we strongly suggest you get the $279.99 package.
Before you purchase the Do-It-Yourself Debt Settlement Kit you may want to first obtain a FREE Debt Consultation. There is no obligation in doing so, yet the information that they provide may be invaluable to you. Feel free to ask the certified debt counselor any questions that you may have and then make an educated decision how to proceed. To request a free debt consultation complete the form on the top of this page. The counselor can help you determine the best option for your particular needs.
If you're undergoing financial hardship, don't wait until bankruptcy is your only viable option. Check out the resources available to you on our website, and do consider a FREE Debt Consultation.
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