Debt Settlement is a viable option to help you eliminate your debt. However, if you choose an inexperienced company, you may find yourself in worse shape than you already are.
We are confident that after your due diligence is done, DebtRx will be the clear choice as your debt settlement company. Print out and Use these questions when researching:
1. How long have you been in business?
2. Who does the Customer Service and Settlements?
3. What are your fees?
4. Do you offer more than just Debt Settlement?
5. Are you being paid a commission?
6. Will you make monthly payments to my creditors?
7. Can you stop creditors from calling me?
8. Can I be sued?
Debt Settlement Debt Negotiation works by negotiating the balance owed on your unsecured debt so the amount paid is less than owed. We design an affordable monthly savings plan and your savings are used to obtain a deal from your creditors.
Most likely, yes. Any time you are behind, with or without a program, you will receive calls. However, many creditors are accommodating. Additionally, calls may reduce after the original creditor receives a detailed hardship letter from you.
Debt Settlement or Debt Negotiations effect on your credit score will depend on your current credit status before starting any settlement program. Very few people with debt problems have perfect credit and debt settlement is meant to be a hardship program.
We are the Debt Rx and are one of the longest operating Debt Settlement and Debt Negotiation firms in America. We are not the largest, because our focus has been more on personal attention and service of existing clients than that of enrolling new ones.