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Who we're helping right now:

$8,000 debt relief estimate savings 4 minutes ago in Santa Barbara, CA $37,500 debt relief estimate savings 12 minutes ago in Moonachie, NJ $50,000 debt relief estimate savings 1 minute ago in Jamaica, NY $12,000 debt relief estimate savings 10 minutes ago in Irvine, CA $62,500 debt relief estimate savings 9 minutes ago in Norwalk, CA

If you’re in doubt, we’ve got you covered. Regardless of your financial situation, legal debt relief options are available.

Your Savings Estimate Will Include

Served over 500,000 people in debt

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Finish Your Free Debt Relief Savings Estimate

What types of debts do you have? (check all that apply)

How much Credit Card debt do you have?

How high are your monthly payment? (Optional)

Are you behind on your monthly payments? (Optional)

Why get your FREE DEBT relief savings estimate?

Who we're helping right now:

$42,000 debt relief savings estimate 10 minutes ago in Irvine, CA $57,500 debt relief savings estimate 8 minutes ago in Oakland Gardens, NY $50,000 debt relief savings estimate 8 minutes ago in Rancho Cucamonga, CA $62,500 debt relief savings estimate 4 minutes ago in Norwalk, CA $35,000 debt relief savings estimate 4 minutes ago in Santa Barbara, CA $63,000 debt relief savings estimate 1 minute ago in Moonachie, NJ $37,500 debt relief savings estimate 52 seconds ago in Richmond, VA $30,000 debt relief savings estimate 3 minutes ago in Kingston, NY $50,000 debt relief savings estimate 1 minute ago in Jamaica, NY $35,000 debt relief savings estimate 3 seconds ago in Sanford, FL

Finish Your Free Debt Relief Savings Estimate

What types of debts do you have? (check all that apply)

How much Credit Card debt do you have?

How high are your monthly payment? (Optional)

Are you behind on your monthly payments? (Optional)

If you're in doubt, there is some good news: Regardless of your situation, legal debt relief options are available.

Your Saving Estimate includes:

Served over 500,000 people in debt

Privacy Policy | Terms Of Use

ELIMINATING DEBT HAS NEVER BEEN THIS EASY!

Get in touch with one of our trusted debt specialists to facilitate your long term financial health. We will present a wide range of our available debt-relief options to you, including student loan consolidation, debt consolidation, debt settlement, and tax debt relief.

Debt Settlement

Debt settle is a debt relief option that is popular among people who need help from high-balance credit cards (ranging from $20,000 to $125,000 or more). Through debt settlement, our debt specialists will negotiate with creditors on your behalf. With the goal of “settling” your credit card debt, they will come back with an amount that is substantially less than what you currently owe.

Debt Settlement

Debt settle is a debt relief option that is popular among people who need help from high-balance credit cards (ranging from $20,000 to $125,000 or more). Through debt settlement, our debt specialists will negotiate with creditors on your behalf. With the goal of “settling” your credit card debt, they will come back with an amount that is substantially less than what you currently owe.

Pros of Debt Settlement

  • Lets you save a substantial amount of money
  • Help you settle credit cards within 12 to 36 months
  • Can make low affordable monthly payments
  • Not as severe as bankruptcy
  • “Attorney-based” fees are only paid after successful settlement

Cons of Debt Settlement

  • Only benefits those with high-balance credit cards
  • Amount of money saved is subject to taxes
  • Requires tremendous discipline to set aside money for a successful settlement
  • Creditors can threaten or take legal action to collect your debt
  • Negative effect on your credit
  • Creditors have the right to decline your debt settlement offer

What to Expect with Debt Settlement

If you’re going through financial hardship and have one or more high-balance credit cards, your credit card company may agree to settle your debt for much lower than you currently owe.

How does debt settlement work? One of our debt relief specialists will review your current credit card debts and the amount of money you can set aside each month for a “settlement fund.” Debt specialists will then negotiate with creditors on your behalf with the goal of getting a significantly lower balance to pay off.

How much money you can potentially save depends on the amount of credit card debt involved and your current financial situation. It also takes into account the policies of credit card companies.

It’s important to understand that no single debt solution is right for everyone. By getting the professional help of debt specialists, they can provide more details regarding your debt settlement or debt negotiation as part of your free debt relief analysis and savings estimate.

The Debt Settlement Negotiation Process

1

The first step is to decide whether to hire a debt settlement company or lawyer to negotiate a settlement. You can always negotiate the settlement yourself. The goal is to reduce significantly the amount you pay. Experience helps, but so does having enough money to make a lumpsum offer. Start saving immediately.

2

Next, meet with the lender and negotiate for a settlement. If your balance is overdue for more than six months, it likely has been turned over to a collection agency.

3

It can take years to save enough money to make an initial offer. You normally end monthly payments to your representative to build an account. In the meantime, interest fees on your debt grow and your balance grows with it.

4

It’s time to make an offer. Be patient. Creditors have no obligation to accept debt settlement offers. This could take months, maybe years. If a creditor accepts, get it in writing. Ask the creditor to send a notice to the major credit bureaus that the debt has been settled.

5

Keep track of the money you saved. Debt settlement companies can charge 15% of the owed balance or 25% of the money you saved. Lawyers can charge hourly rates or standard fees. You may also owe taxes to the IRS on the amount forgiven.

MORE TIPS TO KEEP YOU IN THE KNOW ABOUT YOUR FINANCES

It’s best to learn to understand personal finance and debt. It’s not easy, but these tools can help you successfully navigate the terms in order to get a grasp on your credit score.

See how good your
credit score is

Select your 3-digit score to learn how lenders see your score range and what you can do to improve it.

Review common
financial terms

Having a comprehensive glossary of terms will help you understand more about financial processes.

Get a crash course on how
to get out of debt

Read how tracking your spending, paying down credit cards, and consolidating your loans can reduce your debt balances.

READY TO TAKE THE NEXT STEP?

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