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Cut Bills In Half - Find A Honest And Reliable Debt Settlement Firm To Pay Just 50% Of Debt Back

Cut Bills In Half - Find A Honest And Reliable Debt Settlement Firm To Pay Just 50% Of Debt Back

What would you say if I told you that you can pay just half of your debt back

? This is not just a dream anymore but an actual option for consumers that are struggling with big amounts of unsecured debt. I know it may seem to be good to be true but there are thousands of consumers that done it already and can guarantee that it works.

The way you do it is with the help of debt settlement. You may have read about it on the internet but don't really know how it works. Debt settlement is a way to talk to the creditor and make them reduce your debt. If done properly, it can result in 50% less than your original debt without any damage to your credit score. You need to keep this thing in mind and always make sure your long term credit is in condition when dealing with the creditors because you may never know when you need another loan.

To get 50%, you will need to hire a debt settlement company that will represent you. You can find a lot of them on the internet but be careful because some of them are fake and are just looking to take your money. New FTC laws prevent debt settlement companies from taking any upfront fees so if you come across one that will ask for money in advance, than that is probably a fake company and you should report it immediately at the Better Business Bureau.

You can check the success rates of the company you choose to see how it stacks up against other debt settlement companies and also remember to check that it is registered with the Chamber Of Commerce. High costs may be the sign of a fake company or of an experienced one which might help you get a good deal so be sure to check everything before hiring one. Once cut your bills in half, the rest will be much easier to pay back and you should be done with the payments in just a few years, this depends on how much you are willing to set aside each month.

Debt settlement is a viable alternative to filing bankruptcy. Most consumers are able to eliminate at least 60% of their unsecured debt while avoiding many of the negative consequences with filing bankruptcy. If you are over $10k in unsecured debt you will be eligible for debt settlement. To locate legitimate debt settlement companies in your state check out the following link:

Cut Bills In Half - Find A Honest And Reliable Debt Settlement Firm To Pay Just 50% Of Debt Back

By: Chester Fraizer
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