A Loan Modification is a permanent change in one or more of the terms of a mortgagor's loan. This allows the loan to be reinstated, and results in... [read more...]
Debt modification or debt settlement is a legal process used by both people in debt and their creditors to negotiate a settlement of an existing legal debt, including credit cards, medical bill, past due utilities, payday loans and previous collections. This proactive approach to debt settlement is the most cost-effective option to pay off your current debt while avoiding the negative effects of bankruptcy. Our Debt Settlement Company works diligently and professionally with your creditors on your behalf to reduce the unsecured debt balances by 40-60%. Debt settlement is done by negotiating to achieve an agreed settlement with your creditors.
Who Qualifies for Debt Settlement?
Debt settlement is an appropriate option for people who may otherwise be considering bankruptcy due to some type of hardship. Creditors are usually willing to settle for less than the amount owed when a person is under financial strain. Creditors want to prevent you from declaring bankruptcy because the creditors receive nothing. The Debt Settlement Company assists clients by establishing an affordable monthly payment plan to save money for the settlement of the debts. Ultimately as each account is settled, the creditors will consider the accounts paid in full. A debt settlement program will have a short-term adverse effect on your credit during the program which may affect your ability to apply for new credit while your accounts are being settled. Once debt has been paid off through a settlement program, a client is then free to rebuild a solid credit profile without the burden and stress of outstanding debt.
How can you help me now?
Our team of consultants works individually with each client to help determine the program best suited for their particular situation and personal goals. We will set you up with an affordable monthly payment, which is determined on a client-by-client basis between you and your consultant. Based upon what you are able to pay each month into your settlement account, we can determine how many months you will be part of the program, and ultimately be debt free. Throughout the program, we communicate with your creditors on your behalf and soon you will no longer be dealing with illegal phone calls and letters from your creditors. The Debt Settlement Company maintains and continues to develop relationships with creditors throughout the country. By establishing cooperative and professional relationships with each creditor and negotiator we are able to reach the most favorable settlement offers for our clients. Debt settlement companies are independent companies not affiliated with your creditors which means we work directly and 100% for you!
Our Goal
Our goal is to provide our clients with an affordable program to get back on their feet financially within 12 to 24 months and find a real solution for the strain and stress caused by debt. With honest and informative advice, outstanding customer service, and a proven debt settlement process we can ensure our clients become debt free quickly and comfortably and get back on the path of financial freedom. The sooner you contact us, the sooner we can improve your situation.
