A legitimate debt settlement company will be able to negotiate a 60% debt elimination on your unsecured debt. Unsecured debt is basically a loan or cr...
A legitimate debt settlement company will be able to negotiate a 60% debt elimination on your unsecured debt. Unsecured debt is basically a loan or credit line with no tangible asset attached to it such as a car or house. Credit cards are the most common form of unsecured debt and are also the most popular form of debt to eliminate. Generally, the longer that you have had your outstanding debts the better the chances are in getting a favorable settlement. The main factor in receiving a favorable settlement is finding a top performing debt company and this article will outline the main characteristics that legitimate debt settlement companies share. Knowing what to look for can save you a lot of stress and money.
A legitimate debt company will be a member of The Association Of Settlement Companies. This accredited organization is the watchdog and consumer advocate of the debt settlement industry. TASC only allows companies into their organization who have demonstrated they can successfully negotiate debt settlements. TASC sets the bar pretty high and not all companies are able to gain membership. I would strongly recommend searching for a debt settlement company who is a member of TASC. You can have peace of mind that the company has already been reviewed and proven themselves.
A legitimate debt company will have a full and clear refund policy. Most people are not able to pay a one lump sum settlement to their creditors so they will pay into an escrow account until the settlement is satisfied. If for some reason your debt company does not settle your debt for an acceptable amount you should be entitled to a full refund.
If you want to get out of debt and hire a debt settlement company for debt negotiation then I have an important piece of advice. Do Not go directly to a particular debt settlement company but rather first go to a debt relief network who is affiliated with several legitimate debt companies. In order to be in the debt relief network, the debt settlement companies must prove a track record of successfully negotiating and eliminating debt. They must also pass an ethical standards test. Going through a debt relief network will ensure that the debt company you are provided with is a legitimate and respected company.
FreeDebtSettlementAdvice.com is one of the largest and most respected debt relief networks on the marketplace today. To find a debt settlement company through FreeDebtSettlementAdvice.com check out the following link:
Debt Settlement Programs - Tips To Exploit The Economy To Reduce Debt
The existing monetary situation with turmoil prevailing in 2010, plenty of individuals are apprehensive about their debts that may lead them to bankru...Credit Card Debt Solutions - How To To Legitimately Not Pay Credit Card Debt
If you are in the market for credit card debt relief, you're in all likelihood to turn to an professional expert or debt relief company. That is a goo...Eliminating Unsecured Debt - The Way To Stop Bankruptcy And Eliminate Credit Card Debt
Consumers are shy to file for bankruptcy being a way of negotiating bad debts. It may look like an easy way out but the disadvantages outweigh the adv...