Sentences with phrase «specific debt settlement»

And while the campaign has been ongoing for over a year, changes in the debt settlement world these days have little to do with a campaign against specific debt settlement companies than the impact of the positive FTC Telemarketing Sales Rules that went into force at the end of 2010.

Not exact matches

Statements made are examples of past performance and are not intended to be a guarantee that your debt balances will be lowered by a specific amount or percentage, that you will be debt free within a specific time period, or a guarantee of future settlement results.

They will go over debt settlement and all of your debt relief options to make sure you pick the best plan for your specific needs.

If a debt settlement company guarantees specific results before negotiations, then that should be your cue to look for a different company.

In a nutshell, through debt settlement, the collection agency would agree to accept a specific sum — $ 1,500 in my example — to fully repay the $ 4,000 debt.

So debt settlement only works in very specific situations.

While your specific circumstances are undoubtedly unique, there are still common features to look for to ensure that the debt settlement company you select is reputable.

The specific damage you receive depends on several factors, including your credit rating at the time of debt settlement.

mirror the FTC rule by allowing debt settlement companies to require or recommend that consumers deposit the funds that will be used to pay settled debts into a specific, insured financial institution;

When plans for settlement of unaffordable debts are created specific to the individual's situation, credit reports and scores can recover sometimes within a year or two, similar to availability of credit to chapter 7 filers.

From my view, both DMP and debt settlement service providers get it wrong when marketing and providing their specific debt relief tool.

Specific debt consolidation instruments include credit card balance transfers, both secured and unsecured personal loans, debt management plans, and debt settlements.

While debt settlement is often considered a great alternative to bankruptcy for qualified candidates, you should consult with a licensed attorney about bankruptcy and whether or not it is recommended for your specific situation.

Upon each account being settled, a fee will be assessed specific to that settlement and collected from the special purpose account set up specifically to facilitate the debt settlement process.

Now we're really stretching, as this particular tax debt settlement program is only going to be an open for people in very specific situations.