Debt Relief Options
Debt Settlement is a process is to consolidate your unsecured debts and negotiate a lower cost of repayment with your creditors. Debt settlement can benefit consumers that are suffering from significant debt problems by reducing the outstanding repayment balance as well reducing the amount of time it will take to pay off a debt or group of debts. Creditors can often be convinced that it is better to accept some percentage of what is owed rather then receive nothing on a default. Through the debt settlement process creditors will often waive late payment charges and ultimately allow you to pay only a portion of the original balance.
Debt is a problem that can be beat. We help with debt relief information, tools and options.
Debt Settlement50%, 50%, 100pts
50%, 50%, 100pts Our#1 goal is to reduce client actual repayment costs by half (50%), cut the time to client debt resolution by half (50%), and when needed raise client FICO 9 credit ratings by one-hundred points (100pts) or more as a direct result of resolving the debt with Beat Debt Info.
At Beat Debt Info we freely inform, counsel and self-empower American consumers to beat debt problems and also offer professional debt relief options to qualified clients. When self-discipline and information and electronic tools are not enough, beatdebt.info debt relief options are specifically-designed for individuals seeking trust-worthy one-to-one help.Contact a Debt Relief Specialist Understanding Debt Settlement
Negotiation skills and industry expertise are helpful and often necessary to accomplish an intended agreement. Negotiation is always time-consuming and difficult work as creditors and collection agents are usually tough and intimidating. Consider that you may be too close to the problem and therefore not be the best person to handle the negotiation.
Debt SettlementDebt Settlement
With this idea in mind, debt relief company beatdebt.info is here and available to help you reach hard-negotiated favorable agreements with your creditors. We’ll work and fight on your behalf to help you beat debt and deal aggressively with creditors. Debt settlement is best-implemented for high-interest credit card debt and unsecured loans.
Like a debt consolidation loan, the debt consolidation and settlement processes can help you reduce and pay down your debts in less time than a self-managed program of debt relief. Unlike a debt consolidation loan, it can actually reduce the principal balances on your existing debts by as much as 50%.Self-Help Debt Settlement
Taking it on your own or with professional help, the first step important step involves honestly understanding your unique financial situation. How much do you really owe and what can you realistically afford to pay monthly. You will then decide how you will approach the debt settlement process. This self-help approach requires saving a large lump sum that you will set aside to fund the settlement. This can also include negotiating with the creditors to accept lower amounts to settle the debt if you are capable of doing that successfully on your own.
Another approach is Beat Debt Info professional debt settlement services that will provide you with a new payment period and lower monthly amount. With a debt management plan and a debt relief strategy in place you will begin to set aside an agreed amount to fund the settlement amount that will be offered to the creditors or single creditor if you have consolidated your debts. This amount is based on your debt balance, income and basic financial needs.Debt Settlement Process
First, stop paying on the debt. Creditors will remain unaware of your intentions for debt settlement, unless you or your debt relief advocate informs them of your intention. This can be tough to do on your own since collectors will know you’ve stopped paying your monthly due and they will probably start harassing you on the phone and through the mail. This is where a debt relief company can offer major help and an emotional buffer between you and those highly-motivated difficult collectors. You will no longer be harassed or deal with threatening calls while putting aside money into your FDIC-insured account that the debt relief expert has arranged for you.
Next, start saving money to pay your debts. Unless you have chosen to go at it alone; while you are building up your funds the debt relief company will get in touch with the creditor to negotiate on your behalf. They will show proof that you are unable to pay and influence them to agree to new lower payment terms and repayment balance.
Within 90-180 days after you have stopped paying the creditor will be faced with a choice, turn you over to collections or write you off as a bad debt. Either choice is exceedingly bad for you and will likely drop your FICO credit rating by leaps and bounds.Debt Settlement Offer
When evaluating potential bad debts, creditors will conduct their own investigation based on what has been presented to them. This includes checking on your payment behavior with your other creditors. Once they have found that there is no other way but to settle, you will be informed by Beat debt Info, or the debt relief company representing you. They will send a written “settlement offer” that you will have to approve.
When that is in order, the funds from the account you have been saving will be released depending on the amount that is written in the offer. This debt settlement process will be repeated until such time that you have paid off all of your debts completely.
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The beatdebt.info credit counseling team can advise you on debt relief options and recommend proven self-help strategies for managing your money and resolving debts. Call (212) 461-3272 to request a free initial consultation to determine eligibility for debt consolidation and debt settlement programs.Debt Relief Options
Debt Relief Programs
It’s time for you to act on your debts now. Our experienced team of negotiators consists of some of the most highly trained negotiators in the country; settling thousands of accounts with outstanding results for businesses, families and individuals like you. If you wish to know more about debt consolidation and settlement programs we will be more than happy to give you advice. If you qualify we can help you negotiate with your creditors.Reduce Your Debts
You could save much more than credit counseling or debt management and be debt free sooner.Compare Your Debt Relief Options
Get a free financial assessment from a certified debt counselor with no obligation.Low Program Payments
We let you pick a payment that you can afford. There is no fee until you see results.