If you have high credit card balances, negotiating debt reduction is possible.
There are several advantages of negotiations:
Individuals or card owners can call the card companies and negotiate the total amount owed to the creditors.
It is possible to settle the debt for pennies on the dollar - the exact amount of settlement will vary.
However, there is no way of knowing whether you are getting a fair deal or not.
With debt settlement backed by attorneys, the attorneys can legally examine all the violations made by the creditors and settle for the best amount for the consumer.
The attorneys know what is right, what is fair and are all for consumer rights protection.
In certain cases, the debt can be eliminated.
The attorneys do charge a fee for their service, but in return, will also legally represent a client in court in case the consumer is sued by the creditors.
It is important to check if this service is offered before signing up with a debt settlement company.
Also, it is important to ensure that the attorneys are capable of eliminating the debt and not just settling it.
A consumer who is for consumer rights protection and would like what is a fair settlement can sign up for debt settlement and eliminate their credit card debt in 12-18 months and become completely debt-free.
There are several advantages of negotiations:
- Total unsecured debt is reduced
- No need to declare bankruptcy
- Lowers the total balances owed
- Lower the total monthly payments
Individuals or card owners can call the card companies and negotiate the total amount owed to the creditors.
It is possible to settle the debt for pennies on the dollar - the exact amount of settlement will vary.
However, there is no way of knowing whether you are getting a fair deal or not.
With debt settlement backed by attorneys, the attorneys can legally examine all the violations made by the creditors and settle for the best amount for the consumer.
The attorneys know what is right, what is fair and are all for consumer rights protection.
In certain cases, the debt can be eliminated.
The attorneys do charge a fee for their service, but in return, will also legally represent a client in court in case the consumer is sued by the creditors.
It is important to check if this service is offered before signing up with a debt settlement company.
Also, it is important to ensure that the attorneys are capable of eliminating the debt and not just settling it.
A consumer who is for consumer rights protection and would like what is a fair settlement can sign up for debt settlement and eliminate their credit card debt in 12-18 months and become completely debt-free.