Category Archives: Debt Settlement

Debt Settlement – All That You Need To Know

Debt settlement essentially is an act of negotiation between the creditor and the debtor. This is generally agreed upon when a debtor, by virtue of his or her financial situation, is unable to dish out regular payments to his or her creditors. Continue reading

Will the New FTC Rules Keep the Debt Settlement Companies Honest?

To bring a control over unscrupulous practices, the Federal Trade Commission (FTC) has passed a new set of rules that will safeguard the consumers from being a victim of the scam debt settlement companies and help them differentiate between the good ones and the bad ones. Continue reading

Debt Settlement vs. Debt Consolidation – Choosing the Right Solution

There are various ways in which you can get relief from the debt that you are grappling with; but how do you choose what is the right method for you? Here is a comparative analysis on two of the most common methods – debt settlement and debt consolidation. Continue reading

Credit Card Debt Settlement – Your Options

Credit card debt settlement companies negotiate with credit card companies get into an agreement where a certain percentage of your credit card debt is waived off or the interest rate on the debt is lowered. Continue reading

Debt Negotiation and Settlement – Did You Know This?

Debt negotiation and settlement simply means a reduction in your debt payments, provided you pay a monthly minimum, pre-settled amount. Instead of worrying about the full amount, you just have to make monthly payments, and your debts can be reduced to as much as 50%! Continue reading

Debt Settlement vs. Bankruptcy – Making a Quick Assessment

Troubled by mounting debts? Thinking of filing for bankruptcy as your absolute last resort? At the same time considering debt settlement options? But unable to decide on which one will be better for you? Here is how you should go about it. Continue reading

Debt Settlement Letter – How To Make It Effective

Debt settlement letters lay the foundations for an effective debt settlement. Apart from serving as an indicator to the creditors about your willingness to go for a debt settlement, these letters also put forward the proposed terms and conditions for settling debts. Continue reading

Debt Settlement Attorneys – Way to a Debt-Free Living

A debt settlement attorney is a specialist in negotiating finances with creditors. With his professional competence and better knowledge of the finance-wheel, a debt settlement attorney mediates terms of repayment with your creditors. Continue reading

Debt Settlement Companies – All That You Need To Know About Them

Debt settlement companies, gather details about your outstanding debt details with different creditors, and then negotiate with these creditors and arrive at a consolidated settlement amount, which in most cases is lesser than the actual amount owed by you. Continue reading

Debt Settlement or Reduction – Know the Basics

Debt settlement or reduction may refer to one of the many ways in which creditors agree to revise the payment method or amount owed by you to them. Debt settlement or reduction works for many individuals and you could salvage yourself from total bankruptcy. Continue reading

Debt Settlement Program – Pitfalls to Avoid

Debt settlement programs are a possible option for you if you have serious concerns about your liquidity. But before you consider a debt settlement program, it is well advised to keep a few things in mind. Continue reading

Debt Settlement Services – Things to Keep in Mind

To handle debt settlement, there are many debt settlement services that you can avail yourself of. No matter which debt settlement service you choose, it is best you keep the following things in mind before settling on any service. Continue reading