Debt Settlement

Restoring Your Finances With Debt Settlement Negotiations

Millions of Americans are today overwhelmed with debt, facing the horrible prospect of default, bankruptcy, or both, unaware that that there are options available that will salvage their credit, lower their bills, payments and interest rates, all without having to resort to bankruptcy. One of the best options available today is Debt Settlement.

When Debt Settlement is done correctly, by a good company, you can have not only your payments brought current, if you are behind, but have them eliminated, as your debt is paid off, and the accounts closed. The credit card companies, and other creditors, faced with the prospect of a complete loss if you default and declare bankruptcy, versus getting 25% to 40% on the dollar via Debt settlement, will 99 times in 100 agree to settle.

In this financial environment, banks and other creditors are bending over backwards to perform Debt Settlement – it is much less costly for them than default and bankruptcy.This puts you at an advantage (though the creditors would prefer you didn’t know this). It is within your rights and interest to negotiate the best possible Debt Settlement terms possible.

At this point, you may wonder if you should do it yourself, or hire a company to represent your interests.The fact is, aggressive debt settlement negotiation companies will have an experienced debt attorney on staff or retainer, and they will know how to play absolute hardball.When you do it yourself, the creditors will simply try and push you around, and even threaten you.When your creditors are faced with a solid legal team of cutthroat attorneys who don’t mess around, they will become, shall we say…flexible.