Debt Settlement
Debt Settlement is NOT a consolidation loan or Consumer Credit Counseling Service. Debt Settlement specifically reduces your current outstanding total balances 25-58% by negotiating an agreed payoff amount with your creditors. This will save you thousands of dollars and years of repayment. Typically, settlements with your creditors will be accomplished within 36 months or less with a lower monthly payment than any other debt resolution option. Because of the reduction in overall debt, settlement negotiations is now becoming the only viable solution for many Americans to rid themselves of burdensome unsecured credit.
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Our Debt Settlement affiliates have an unrivaled proven track record and arguably the best team ever assembled within the debt settlement industry. Each settlement team is developed to work specifically on your behalf. Our expert negotiators are paid based upon settlement percentages. That means the better settlement they arrange for you, the more compensation they receive. This ensures the settlement team is working directly for you and not the creditors. As a result, the absolute best settlement deals are achieved with your best interest in mind.
By creating this environment, it now becomes a win-win relationship with everyone involved. You win by saving thousands of dollars and years of payment drudgery, the creditor wins by resolving the outstanding balance, and Christian Debt Solutions wins by helping another valued client experience the feeling of DEBT FREE living!
As a member, you will be provided with a personal, professional counselor who is experienced and empathetic when it comes to understanding your financial circumstances. Debt settlement counselors are trained to establish a financial plan that will meet your needs.
No hidden fees. No waiting period to get started. No minimum financial requirements. We can develop a sensible budget for you that you can live with. We will not terminate you from the plan if you are unable to fulfill established payment terms. Once we are notified, we work to further identify a plan that will accurately reflect your ability to pay off your debt.
As with any type of debt repayment plan, failure to complete a debt settlement program is likely to have negative consequences on your financial situation.
In a settlement program your interest rates are not negotiated, your balances are. Since you will not be paying back the debts in full your credit will not be good. This is more or less an alternative to bankruptcy. You will not be able to make a major purchase such as a house or car while you're in the program. You'll pretty much be a cash consumer.
Here are some of the possible negative effects that can occur while in a debt settlement program. In a small amount of cases the creditors may continue to pursue legal matters, continue calls to you, may serve you with a summons, or garnish your wages if a judgment is entered. Please remember that Christian Debt Solutions cannot represent you in any legal matter but if they occur your service provider can attempt to work out a settlement prior to going to court.
A debt settlement program can be a very effective way to resolve your debt, but it is not a painless process and no guarantees can be given because the process is subject to factors that neither you nor Christian Debt Solutions may be able to control .
Until a settlement is reached, the actual balances that you owe may increase due to interest charges and continuing late fees. We will attempt to negotiate settlements based on your original balances at the time of enrollment.