Do you ever wish that you could get all the collection calls and letters to stop? You might feel as if you are being harassed or hounded by debt colle...
Do you ever wish that you could get all the collection calls and letters to stop? You might feel as if you are being harassed or hounded by debt collectors. If this is how you feel, you want to focus on a debt relief option is that known as debt settlement or reduction. Not only can you get those annoying debt collectors to leave you alone, but you can also eliminate up to 60% of your debt (meaning you owe much less).
How can you get started?
Step #1 - Find a Good Debt Relief Program
You will find that a number of debt relief companies offer settlement programs that you can enroll in. You want to do a little bit of research to find the best one. What is the best one? It is a company that can reduce a good chunk of your debt (like up to the above mentioned sixty percent). It is a company that has good customer service and it is a company that is legitimate. To do your research, check with a debt relief network or read company reviews online.
Step #2 - Enroll Yourself and Follow
Once you get the contact information for a debt relief program that includes settlement, make contact. You will need to hand over information on your overdue bills. Then a number of accounts will be created for you. One is a customer account and the other is a trust-like savings account. While your debt relief company is negotiating with your creditors to reduce what you owe, you are saving. This means you deposit money into your account through the settlement company you hired. You keep doing this until you have enough saved to match what your creditors agreed to settle for (the lesser amount).
Step #3 - Answer the Phone
Here is the part on how you can get those bill collectors to leave you alone. You are now enrolled in a settlement program and your credit card companies know. If you are still getting calls, it is likely from a third-party collector. Pick up the phone and say "Stop calling me. I am enrolled in a debt relief program and my bills will be paid by X. Please stop calling."
There has really never been a more advantageous time for consumers to try and eliminate unsecured debt. Creditors are very concerned about collecting and most have government money to make eliminating some of your debt financially feasible.
Check out the link below to locate legitimate debt relief companies in your area:
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