Part 4 What is the Benefit of Debt Settlement To Me?

There are many different benefits to debt settlement. Some of these benefits would include; stopping creditor calls, free assessment of all your options, your payments will be reduced, one manageable payment etc.

Part 3 How Does Debt Settlement Work?

A Debt Settlement consists of approaching your creditors and reducing your current debts and the agreement to pay a settlement amount. Once all creditors agree to this a new source of credit will replace all your former credit which will result in a lower payment and the ability to pay down the principle amount so you will be able to become debt free.

Part 2 Who Can Benefit from Debt Settlement?

Debt Settlement helps with unsecured debts such as credit cards, unsecured loans, unsecured lines of credit, some car loans. It can also help reduce your balances on student or education loans, payday loans, family responsibility arrears and any form of secured credit such as a mortgage, a 2nd mortgage or Home Equity Lines.