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If you’re going to go through the debt settlement process, you’ll have to decide whether to accumulate the funds on your own or give them to your attorney to keep in his trust account. I think [...]

No, debt settlements absolutely do not have to be made all at once to eliminate your debts. However, you are open to being sued from the time you stop paying your credit cards until the time the [...]

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 [...]

The debt settlement process typically takes between 6 and 24 months. Sometimes, an individual will have a lump sum of money that can be used to pay off a debt that is already aged—and in some of [...]

Once you’ve started the debt settlement process, your attorney or debt settlement firm will begin debt settlement negotiations as soon as you have sufficient funds in your trust account to make a [...]

Debt settlement, which refers to reaching an agreement with your creditors in which they agree to accept less than the full amount you owe on the debt, is generally done through an attorney or a [...]