Not exact matches
Unfortunately, a lot
of debt settlement companies that offer a long - term
program don't do a great job
of explaining these risks to people, so please see my 4 -
part series about how
debt settlement works to gain a better understanding
of the things you need to know about.
Often, this is
part of the strategy
of your
debt settlement program, because some creditors require an account to be delinquent before they will consider making a
debt settlement.
These companies offer
debt settlement programs where they'll communicate with your creditors and convince them to forgive
part of your outstanding balance.
While all
debt settlement companies offer this service as
part of their
program, not all
debt settlement companies have the same level
of negotiation experience, so not all can deliver the same amount
of savings /
debt reduction.
This
part of the
program is similar to
debt settlement, but your creditors are paid each month with consumer credit counseling.