Share post
Share
Debt Consolidation Forums Debt Consolidation and Debt Settlement forums

Debt settlement program - The fees and how long does the program run?

Date: Thu, 01/26/2017 23:44
member profile picture
Posts: 1
Credits: 0
[Donate]

Can anyone tell me the basics of a settlement program - the fees and how long the program runs, 48 months or 60?




The time it'll take depends on a lot of factors - Age and balance on accounts, your financial hardship, the willingness of creditors to agree, money you have for settlement, etc.
The settlement companies usually charge a percentage of the amount settled as professional fees.

Sub: #1 posted on Fri, 01/27/2017 - 02:59

Good Nelly Good Nelly
Industry Expert
(Posts: 2825 | Credits: )


DebtConsolidationCare (IAPDA member)
BBB (A+) logo for DebtCC
Connect With Us
About Us | Contact Us | Privacy Policy
Copyright © 2020 DebtConsolidationCare | 301 W. 11th Street Unit E, Reno, NV, 89503, United States
* Disclosures:
  1. By signing up a debt counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
  2. Some creditors and collection agencies refuse to lower the payoff amount, interest rate, and fees owed by the consumer.
  3. Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
  4. Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
  5. The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.
Page loaded in 1.168 seconds.