Although different creditors have different settlement guidelines, you can typically expect to pay around 50 cents on the dollar for your debts, including all fees.
There are some definite downsides to lengthening the debt negotiation process. The first is that a creditor may sue you at any point during the period of a debt negotiation plan or debt [...]
There’s no reason that you would want to extend the negotiating process, because until the debt settlement is complete, creditors will continue to pursue you to collect on the debt, interest and [...]
Although you can certainly work directly with your creditors to settle your debts yourself, that doesn’t necessarily mean it is a good idea to do so. Before deciding to negotiate with your [...]
The primary advantage to going with a small firm to handle your debt settlement is that you will most likely be dealing directly with the attorney who is handling the settlement. And if your firm [...]