answersLogoWhite

0

What options are available for settling debt?

Updated: 8/20/2019
User Avatar

Wiki User

10y ago

Best Answer

The options one has for settling debt can depend on the situation the person in debt is in. If they have lost their job they can apply for forbearance. One can also try turning to a debt settlement company, but make sure the company is reputable and certified so one is not scammed.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What options are available for settling debt?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What credit debt business card consolidation is available?

There are a number of options available for business credit card debt consolidation. Some of the top rated options are National Debt Relief, DebtWave Credit Counselling and Premier Debt Help.


What debt relief options are available?

Fortunately when it comes to debt relief there are nearly as many options as those that lead to the debt. Some of the websites you can visit include Freedom Debt Relief, Best Debt Relief, and Debt America.


How much debt is needed to get free debt counseling?

Free debt counseling is usually available to people with $10,000 debt or more. There are many different options available if you're seeking free debt counseling.


What can a consumer do if faced with debt collection companies?

There are several options available for consumers facing debt collection. There are debt consolidation services available online and in worst case scenarios, there is always filing bankruptcy.


What are some debt relief programs avaialable?

"There is an incredible amount of debt relief programs available. Of few of these are Cura Debt, Care One, Debt Options, Net Debt, and Credit Solutions."


Where can one find information on how to settle their credit card debt?

Locating information on settling credit card debt is readily available at many credible sources online. The information can be obtained from the Consumer Information site provided by the government. There are also many private companies with information available.


How can you find help with unsecured debt?

The help that is available is as widely varied as the people who need it. Calculating first, the amount of debt and the urgency should be the consumers first step. Once that is accomplished, there are several options. Debt relief, debt consolidation and bankruptcy are all viable options and should be researched thoroughly before signing anything.


What professional should I ask for business debt advice?

There are several options. Because there would be tax implications related to the debt, a tax accountant may be one professional to consult. Professional financial managers can also provide information about the options available.


How do debt relief program work?

Debt relief program can help consumers get out of credit card debt, personal loan debt.medical bill debt, and other unsecured debt via debt settlement. There are a number of options available to find your situation. They are numbers of options available to find your situation. Debt negotiation, Debt settlement ,Debt consolidation are some of opportunities you can pursue. Debt relief programs have number of factors. These are:-- Solution: Having a variety of choies means they can find the right program that fits your specific needs. secondly, Cost: Dept relief program can you help to manage and pay off your debt in an easy. They reduce your monthly payment and interest rate.


What debt assistance options are available to an out of work student?

There are several options available for students to repay their loans if they are out of work. You can delay payments at most universities and many universities also offer payment plans to make less of a burden.


Where would it be possible online to find information on how to consolidate debt?

There are many online resources available for those looking to consolidate their debt. There are many options to consider when doing so, including bankruptcy.


Where can you find out about consolidating debt?

The best place to find out what consolidating debt involves and what options are available would be through a financial advisor. One could get information on line by visiting the website for the Office of Consumer Affairs.