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Debt settlement helps you in reducing your debt amount significantly, the debt settlement company negotiates with your creditors to reduce your debt amount. It is a better option than filing bankruptcy. I took help of Freedom Debt Relief and their debt reduction program helped me in reducing my debt amount.
What else can I help you with?
Is settlement good or bad on credit report?
Debt settlement is good for your credit rating. Just settle the debt and move on. Do not use a debt settlement company, ever.
What is a debt settlement company with good reviews?
A debt settlement company with good reviews is the National Debt Relief company. Some other debt settlement companies with good reviews are CuraDebt, Oak View Law Group, Premier Financial Debt Help and many more.
Can you do a debt settlement if there is judgment against you?
Yes!! you can settle your debt before, during, and after litigation. If you decide to enroll in a program, be leary of any that don't disclose information to you. generally a good debt settlement company will require extra steps from you prior to enrolling a legal/judgment debt. A bad debt settlement company will take your debt no questions asked.
Where can one find reviews on debt settlement companies?
Reviews on debt settlement companies can be found on Top Ten Reviews, Debt Settlement Reviews, My Money Coach, No More Debt and For the Love of Money.
How do you chose debt settlement company?
There are so many debt settlement companies but choosing the best one is seriously very tough.If you need the best debt settlement company you are probably asking yourself that how do i chose the best debt settlement company?You ask some questions yourself and if you get a satisfactory answer from your questions then you chose the company.1. Does the Company charge any fees prior to reducing your debt?It is very important question to chose the best debt settlement company. Your first choice should be a true debt settlement company that has $0 fees until we reduce your credit card debt.2. How does the Debt Settlement Company Charge its fee?Most debt settlement companies charge you a flat fee of the debt amount you enroll. For example, a 20%flat fee works like this:Your Original Debt $10,000.Service Fee: 20% (10,000 x .20)= $2,000 Total FeeIf like in the above example your debt is settled for $8,000 and you add the $2,000 fee, you didn't really save much.3. Are There Any Monthly Fees or "Maintenance Fees"?No Fees Prior to Settlement means No Fees Prior to Settlement. End of story.4. Did the Company Explain How the Program Works and Consultant You On All Your Options?Before enrolling into a Debt Settlement Program, consumers should be fully aware of how a debt settlement program works.5.Are You Dealing With A Full Service Debt Settlement Company?A Full Service Debt Settlement Company will handle all aspects of your file from consulting, to negotiating and client support. However, a huge majority of companies are merely signing up clients and then sending it over to a completely different company who handles the negotiations and customer service.Take this questions and chose the best debt settlement company.
Is settlement good or bad on credit report?
Debt settlement is good for your credit rating. Just settle the debt and move on. Do not use a debt settlement company, ever.
What is a debt settlement company with good reviews?
A debt settlement company with good reviews is the National Debt Relief company. Some other debt settlement companies with good reviews are CuraDebt, Oak View Law Group, Premier Financial Debt Help and many more.
Where can a person find online leads for debt settlement?
There are many online websites that one can visit for leads for debt settlement. Obymako and Best Referral Rates are among the popular online choice for many.
How can I tell if I am a good candidate for a debt settlement?
If you are unable to pay your creditors, you could be a good candidate. You should talk with an experienced bankruptcy attorney, and if bankruptcy isn't the way for you to go, debt settlement might be.
Can you do a debt settlement if there is judgment against you?
Yes!! you can settle your debt before, during, and after litigation. If you decide to enroll in a program, be leary of any that don't disclose information to you. generally a good debt settlement company will require extra steps from you prior to enrolling a legal/judgment debt. A bad debt settlement company will take your debt no questions asked.
Do you have to declare what you save to the IRS if you go through debt settlement?
Yes, you have to declare what you save to the IRS if you go through debt settlement. You can read more information at www.debtfreedestiny.com/debt-settlement/debt-settlement-and-income-taxes
Where can i find more info about debt settlement?
A good site to check out is consumerfinance.gov. They have credit counseling and will explain what debt settlement is. Once you have the information you need there are a few top debt settlement companies. The top pick is National debt relief. There is also CuraDebt and Oak view Law Group. There are many more but these are the top 3.
Where can one find reviews on debt settlement companies?
Reviews on debt settlement companies can be found on Top Ten Reviews, Debt Settlement Reviews, My Money Coach, No More Debt and For the Love of Money.
What are some of the best debt negotiation companies?
There are many good debt negotiation companies. Some of the best debt negotiation companies are Freedom Debt Relief, Credit Care Corporation and Debt Settlement USA.
What is debt settlement and is Freedom Debt Relief a good debt settlement company?
Yes, I considered many debt relief options and decided that they are the best for debt settlement. What Freedom Debt Relief basically does is get you a plan to lower your debts about in half to get you out of debt in around 2 or 3 years. For me, that is much shorter time than paying debts on my own (which would take me like 15 years) and saved me about $20,000 from what it would have cost me on my own. I also looked at credit counseling, but neither is good for credit scoring so I think the one that is best is the lowest cost and lowest payment. Freedom is a good company and has been really truthful and honest with me, even when sometimes it's not fun to get out of debt. I would recommend Freedom Debt Relief highly. As an expert in debt settlement, I would echo this conviction above. Debt Settlement is for consumers with real debt problems who need help getting over a debt burden. In that case, any company that is certified with TASC and IAPDA screened or a member of another association that conforms to industry standards such as USOBA is a good strategy. Freedom is a good one with a good reputation. Debt settlement is definitely a good option for certain consumers. The pros are total payback, length of payback, and monthly payback. The cons are credit rating and ability to use credit while in the program. The cons should be less of a concern for distressed consumers as your intent is to get out of debt, not accrue more. Freedom Debt Relief is a solid company. You would be hard pressed to find a better one.
Who are the best debt settlement attorneys in Boston?
The best debt settlement attorneys in Boston, Massachusetts work at reputable firms such as Afford & Bertron, Parker & Associates, and Worchester Debt Settlement.
How do you chose debt settlement company?
There are so many debt settlement companies but choosing the best one is seriously very tough.If you need the best debt settlement company you are probably asking yourself that how do i chose the best debt settlement company?You ask some questions yourself and if you get a satisfactory answer from your questions then you chose the company.1. Does the Company charge any fees prior to reducing your debt?It is very important question to chose the best debt settlement company. Your first choice should be a true debt settlement company that has $0 fees until we reduce your credit card debt.2. How does the Debt Settlement Company Charge its fee?Most debt settlement companies charge you a flat fee of the debt amount you enroll. For example, a 20%flat fee works like this:Your Original Debt $10,000.Service Fee: 20% (10,000 x .20)= $2,000 Total FeeIf like in the above example your debt is settled for $8,000 and you add the $2,000 fee, you didn't really save much.3. Are There Any Monthly Fees or "Maintenance Fees"?No Fees Prior to Settlement means No Fees Prior to Settlement. End of story.4. Did the Company Explain How the Program Works and Consultant You On All Your Options?Before enrolling into a Debt Settlement Program, consumers should be fully aware of how a debt settlement program works.5.Are You Dealing With A Full Service Debt Settlement Company?A Full Service Debt Settlement Company will handle all aspects of your file from consulting, to negotiating and client support. However, a huge majority of companies are merely signing up clients and then sending it over to a completely different company who handles the negotiations and customer service.Take this questions and chose the best debt settlement company.
