Definition of consolidating credit card debt
Click the additional links to explore more in depth information about debt settlement.You are also encouraged to ask any questions you may have by taking advantage of the “ASK Michael” feature of this site.If you need a few years to complete a settlement program, you will often find you should not even start down the settlement path and seriously consider bankruptcy instead.If rapid completion sounds impossible to you, you may be right.To get direct answers to your debt settlement questions for free, call me at 800-939-8357, and choose option 2.
Debt settlements are reached and documented in as little as a single phone call.At its core, debt settlement is the best option for a creditor to “lose the least” on accounts that default in payment.The process can be made to be largely predictable due to established timelines and bank policies which can and do vary from creditor to creditor.This means you compared all of your alternatives and reached a decision that made sense for you.I find that negotiating debts will often fail to deliver the needed results when you are not involved in the process to some degree.
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You may have read some poorly crafted information online. Also consider, it is often the high fees charged by most professionals offering their assistance that leads to longer program lengths.