Sentences with phrase «actually negotiating debt settlement»

You will start the process from implementing a screening system that reduces the number of calls to actually negotiating debt settlement with creditors.

Not exact matches

But because a negotiated debt settlement plan does not provide a discharge of indebtedness, it could actually be more difficult to obtain credit after attempting or completing a negotiated debt settlement plan.

Alternatively, debt settlement with a collection agency may actually increase your score if you are able to negotiate a total deletion from your credit reports in exchange for payment in full.

You would actually save twice: first, when not spending your hard - earned money on monthly payments, and second, when negotiating a debt settlement deal.

With the pay for deletion method, you're taking the debt settlement negotiating a step further by asking the debt collection agency to actually remove the charged - off account from your credit report in addition to accepting your offer as «payment in full without recourse».

The company's negotiators will negotiate a reduced interest rate and payment on each account, instead of actually negotiating your balance down like with debt settlement, and debt freedom will be obtained within 3 - 5 years with consumer credit counseling, verse 3 years or less with debt settlement.

Assuming you can find a legitimate debt settlement company, (one that actually negotiates you debt instead of taking your money and running away with it) the costs can be very high.