Category Archives: Debt Settlement Relief
Debt Consolidation vs. Debt Settlement
If you are struggling with a significant amount of debt that you are not able to repay, you have many options. While bankruptcy can provide some relief and clean your financial slate, it should always be a last resort. Prior to filing, you may also consider debt consolidation or debt settlement. Many people use… Read More »
Four Tips for Negotiating a Debt Settlement
Everyone takes on some form of debt at some point in their life. Unfortunately, it is not uncommon for people to take on too much debt and then find they are unable to repay it. If you are in this situation, you may be able to negotiate a debt settlement. This means negotiating with… Read More »
The Pros and Cons of Debt Settlement Agreements
If you have a high amount of debt that you are struggling to repay, you may have already considered debt settlement. A debt settlement agreement is negotiated with your creditors to help you pay off unsecured debt. The creditor agrees to accept an amount lower than the total amount you owe, while you agree… Read More »
4 Things to Know Before Signing a Florida Debt Settlement Agreement
Most creditors and third-party debt collectors are willing to settle a debt for less than what is owed on a debtor’s account. This is not an act of benevolence or altruism. Debt collectors understand that going through the courts to obtain a judgment and enforce a debt is a costly and time-consuming process that… Read More »
