Posted on
September 9, 2009
at
2:05 am
PLease post your thoughts, knowledge, and ideas here, I want to know all about debt settlement so I will choose to do it instead of do other debt releif options. Thanks!
Posted on
September 9, 2009
at
3:36 am
What specifically about debt settlement do you want to know about?
Posted on
September 10, 2009
at
3:50 am
When we're talking all about debt settlement, there are basically two types for that: first is settling your debt with a company; second is to settle the debt yourself. Hiring the services of a debt settlement company entails having to pay a 15% set up fee which you'll be paying between a 1-1.5 year period. On the other hand, settling the debt yourself is free but may prove to be a daunting task, as creditors may want you to adhere to the payments that they want to receive from you, or deny your request to settle altogether.
Posted on
September 10, 2009
at
4:31 am
All about debt settlement-- you also need to bear in mind that an account will appear as "settled" on your credit report once the payment has been completed.
Posted on
September 16, 2009
at
11:50 pm
Here's an article illustrating how debt settlement will appear on your credit report. Click
here.
Posted on
September 17, 2009
at
1:31 am
Hi, How Much Can I Settle For Usually?
Posted on
September 20, 2009
at
10:31 pm
Hannah: that depends on what is negotiated between the creditor and the debt settlement company that you would hire. Different companies guarantee different percentages; one company may promise a range of 20-50% off of the balance, while another company would offer 30-70%. Of course since we're talking all about debt settlement, we also need to touch on do-it-yourself debt settlement--has anyone here on the forum made an arrangement with a creditor themselves? Share your experience here!
Posted on
September 28, 2009
at
10:03 am
Debt settlement is a tricky situation because there are so many pros and cons depending on your individual situation and ultimate goal. I think the main thing to remember is that you can do it yourself if you have the time and effort. The companies that do this can really gouge you if your nto careful. DO YOUR RESEARCH on the company before you sign any paperwork. USOBA.org regualtes debt settlement companies.
Posted on
September 28, 2009
at
4:02 pm
came across this
Debt Settlement site, and it got me interested, what are the costs for debt settlement?