Debt settlement or debt negotiation is the process of striking a deal with your creditor so that you can pay a reduced part of your outstanding balance or extend the period of repayment. (debtfirms.com)
The report goes on to add that the chances of striking a deal for this summer are being evaluated. (justarsenal.com)
Still, the move clears the way for a significant development in striking a deal on the $ 170 billion spending pan that was scheduled to pass by this weekend. (nystateofpolitics.com)