Phrases with «debt settlement process»

The phrase "debt settlement process" refers to a method of negotiating with creditors to pay off a debt for less than the full amount owed. It involves working with a debt settlement company or negotiating directly with creditors in order to reach an agreement on a reduced payment. Ultimately, the goal is to settle the debt and avoid bankruptcy. Full definition

Sentences with «debt settlement process»

  • The entire debt settlement process usually takes between one and three years. (debthelp.com)
  • Don't worry, it's all part of the usual debt settlement process. (debtsettlement.com)
  • You can't even begin to rebuild your credit score until the entire debt settlement process is complete, and that could be years. (creditsesame.com)
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