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Is there any limit till which debt is manageable with debt settlement?

Date: Mon, 01/08/2018 - 22:01

Submitted by Allandave
on Mon, 01/08/2018 - 22:01

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Total Replies: 4


Till what amount of debt is manageable with settlement? Is there any limit?


See, a settlement company can settle any amount. But, that doesn't mean you can accumulate debt as much as you want. You should avoid accumulating debt. Remember, the bigger is your debt: the poor credit score you possess.
The debt settlement company will settle your debt in return for a certain service fee. But, remember, your credit score will get a severe damage and you need to pay the tax on the amount that you have reduces in the settlement process.


lrhall41

Submitted by Sanders Patricia on Tue, 01/09/2018 - 23:59

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No, there are no such limits. By working with a professional debt management company, you can settle any amount of debt you owe.


I guess you were referring to the debt settlement company.


lrhall41

Submitted by SC on Wed, 01/10/2018 - 23:04

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At least about 40-60% of the amount you should be able to repay through settlement. So, don't continue accumulating more to settle a debt in the future.


lrhall41

Submitted by Good Nelly on Tue, 01/16/2018 - 05:55

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