i need some opinions on
Date: Fri, 04/27/2007 - 16:34
Hi Veo debt settlement63 is good for those people who are una
Hi Veo
debt settlement63 is good for those people who are unable to afford the payments in the consolidation plan. If you are having a hard time in making the payments and your accounts are delinquent for a long time, debt settlement can be the right move in your situation. How much is your total debt? If it's a huge amount, talk to your creditors and make them aware of your situation. You can negotiate for a lower balance and have the total debt reduced by 40% to 60%. Since you are already registered in the website, one counselor will be calling to discuss about your debts. You can ask him to negotiate with your creditors.
Your accounts will be kept in default for a certain period of time. The counselor will call your creditors when they think is the right time to call your creditors and convince your inability to pay the full amount. During this time, you will have a separate account opened where you need to make the monthly payments to the settlement company. Once the settlement is finalized with the creditors, the settlement company will use that money to pay the debts.
