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“Normally I’m a pretty humble and quiet person, but I got sick of all the misinformation floating around the Internet and decided to do something about it. After 15 years in this industry and several thousand one-on-one consultations with people in all stages of financial distress, I think I have a pretty good idea of what can and cannot be done when it comes to negotiating settlements with creditors, collection agencies and attorneys.”
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It’s true. If you know what you’re doing, you absolutely can settle outstanding debts for substantially less than full balance. We routinely see settlements at our office for $0.30, $0.40 and $0.50 on the dollar.
Debt settlement can be a great alternative to bankruptcy, but it’s not for everyone. You have to be in the right situation with the right set of circumstances to be successful.
Now there’s a brand new FREE video series where I explain in detail ...
- The 3 minimum criteria you must meet before considering yourself a legitimate candidate for the debt settlement process. If you proceed without meeting these 3 criteria, you are asking for trouble and it’s near certain you will compound your problems further.
- What amount of money you’re going to need in most cases to settle your outstanding debts. Obviously I won’t be able to tell you to the dollar, but I can give you a pretty good estimate that will get you in the ball park.
- Where do people get the money for settlement purposes? I’ll give specific examples of how many our clients have obtained the necessary funds to reach settlements on their outstanding debts.
- What happens to your credit report when you go through the debt settlement process? This is one of the most misunderstood topics about the debt settlement process, so I’d like to set the record straight once and for all with a detailed answer for you. Warning: You might be surprised by what I have to say.
- How long does the process take? Our data shows that there is a optimum time frame for completing the debt settlement process. If you know that you would be unable to complete the debt settlement process within this timeframe, bankruptcy or some other option is probably the better way to go.
- What are the drawbacks? I’ll describe 3 specific drawbacks to the debt settlement process that you must be aware of before proceeding.
Bottom line: If you are even thinking about attempting settlements with your creditors, you need to watch this free video series first.
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