Debt Settlement

Debt Settlement

Unexpected expenses are bound to come up in any business environment, and if you’re not prepared it can leave your company in an even tougher spot of going into debt. Often times this debt can result in unwanted high-interest rates, negative ledgers, or even bankruptcy. We’re here to help connect you with a personalized debt solution that fits your needs, without having to sacrifice your business’ freedom.

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Debt settlement is a method of reducing debt that involves negotiating with creditors to reach a repayment agreement that is less than the principal outstanding on your unsecured personal debt accounts. Compared to other debt relief options like debt consolidation and credit counseling, which simply lower interest and not the whole debt balance, debt settlement offers a significantly quicker way to handle your debt by negotiating the sum directly. Since losing the full debt repayment if the debtor chooses to file for bankruptcy is a better option, most creditors are open to negotiating a settlement, sometimes even up to 60% off of the principle sum.
If you're looking for an affective debt resolution alternative, Debt Settlement is the way to go. However, it is not a one-size-fits-all option. Find out if you qualify for Debt Settlement today.
There are multiple factors that will come into play when it comes to your Debt Settlement costs. This includes: - Your credit balances - Your ability to contribute monthly escrow payments - The amount that can be negotiated from your balance and more.