Credit Card Debt Settlement
National Debt Relief Group offers help with the settlement of unsecured credit card debts via our Debt Settlement programs. For those who have at least $7,500 in outstanding debt, we provide a range of settlement services meant to help you get your finances – and your life – back on track.
Debt Settlement is meant to dramatically lower your balances and create a low monthly program payment. The term "debt settlement" means negotiating with a creditor to reduce the amount of a delinquent debt down to a lower amount, that the debtor can then pay in order to fully satisfy (or pay off) the debt. The primary benefits of this strategy are to help you get out of debt sooner, pay your debts on terms structured to your specific budget and have a lower monthly program payments than your current minimum monthly payments.
Is Debt Settlement Right For Me?
The debt settlement process is actually quite simple. This is how it works:
Settle your debt:
Your current level of unsecured debt will be skillfully negotiated for you, and essentially you will end up paying a fraction of the debt. Generally, Generally, in a program like ours you can make one low monthly program payment towards all of your debts.
Monthly Savings:
We will set you up with an affordable monthly payment program, which is determined on a client-by-client basis between you and a counselor at National Debt Relief Group. Based upon what you are able to pay each month into your debt settlement account, we can determine how many months you will be in the program and ultimately get out of debt.
Negotiations:
Reaching a settlement usually takes several phone calls and communication between us and the creditor. If a settlement offer has been reached, and you as the client have agreed on this amount, you will pay the agreed upon amount from your settlement account. This is always done with your authorization, whether verbal or written.
Communication:
Once you enroll in our program the debt arbitrator and attorney offices takes over communications with your creditors. We cannot promise they will stop calling you but you can take down their name and phone number and give it to your negotiator so that they can communicate on your behalf. The negotiator will contact your creditors, protect your consumer rights, and work to regain peace in your life.
Our main goal is to get you out of debt. We work only for our clients; not for the benefit of the creditors. Getting out of debt is the first step to becoming financially secure, and credit card debt settlement may be your best option.
 The National Debt Relief Group can help you find the right solution with a free consultation. You can fill out our Short Application and one of our debt specialists will contact you within minutes, or you can call now – (888) 703-4948.
Settlement of Credit Card Debt
|
|
Debts We Can Settle
Unsecured debts:
- Credit cards
- Unsecured loans, personal loans, or lines of credit
- Medical bills
- Collections or repossessions
- Business debts
Debts We Can't Settle
Secured debts:
- Lawsuits
- IRS debt or back taxes
- Utility bills
- Auto loans, government loans, or student loans
- Mortgages or home loans
- Other secured debts
Your Debt Relief Alternatives
If you are considering a type of debt relief program, know that there are alternatives to debt settlement. National Relief also offers debt management, which may work better for some consumers.
Your Consumer Rights
All consumers should be aware that they have specific rights under The Fair Debt Collection Practices Act. Debt collectors must follow the rules. Violations of this act by collectors can result in the consumer receiving damage awards.
|