Debt Settlement Companies

Debt settlement companies exchange agreements and communications with your creditors with the intention to negotiate favorable terms in accordance to your budget and current financial hardship. Debt settlement companies work on the debtors behalf by establishing a new monthly payment intended for the settlement of the debts enrolled into the debt settlement program.

Debt settlement companies are a third party, negotiating the debts for their client. Unlike consolidation loans that simply furnish new loans for you, debt settlement companies negotiate settlements with your creditors for nickels on the dollar.

Debt settlement companies do not use their clients payments for interest fees, or any creditor fee's for that matter. Your funds are used to negotiate lump settlements that must be agreed by the creditor, the debt settlement company, and you (the debtor).

Debt settlement companies are known to help consumers avoid bankruptcy, and end creditor harassment. Debt settlement companies only allow consumers that are eligible for debt settlement. To find out if you qualify for debt settlement contact Debt Counseling Services on line, or toll free.

Quick Tips: If your debt settlement company didn't provide a written contract, are not licensed, don't set up your account with a member FDIC bank account, don't offer 24/7 online access to your account, or charge outrageous upfront fee's - Beware.

Instant Quotes

Name

Home Number

Mobile Number

E-mail Address

Debt Amount:

State of Residence