Results for tag: "Debt Settlement"

Debt Settlement is a process in which a debtor and creditor negotiate a reduced balance that the debtor pays in full satisfaction of the debt. This process is often used in the context of Bankruptcy, where a debtor is unable to pay their debts in full. Debt Settlement is a way for debtors to avoid filing for Bankruptcy, as it allows them to pay a reduced amount of their debt and avoid the long-term consequences of Bankruptcy. Debt Settlement is often used as an alternative to Bankruptcy, as it allows debtors to pay a reduced amount of their debt and avoid the long-term consequences of Bankruptcy. It is important to note that Debt Settlement is not always successful, and creditors may not agree to a reduced balance. Some companies in the Debt Settlement market include National Debt Relief, Freedom Debt Relief, and Accredited Debt Relief. Show Less Read more