Debt Settlement
Instead of making payments to creditors, payments are made to a Debt Settlement company who deposits your money into a trust bank account. They negotiate the balance of your debts with your creditors, and make lump-sum payments when sufficient funds are available in your account. (NOTE: Debt Settlement is often referred to as “Debt Negotiation”) Most Debt Settlement companies charge a flat fee based on a percentage of your debt …read more »


