Consolidation Service Debt Settlement Versus Debt Consolidation

From Open Circuits

Consolidation services for debt settlement are often a better solution than debt consolidation. The individuals and families were able to avoid bankruptcy courts, and their debts were eliminated in as little as three years.

Many of the services for debt consolidation claim the process is free and simple of stress. On the other hand, the counselors are qualified to negotiate on your behalf, requesting lower payments and lower debts, sometimes even up to 70?%. Instead of dealing with the creditors individually, the counselor for debt management will handle this for you; this, too, will eliminate stress.

The balances you pay toward eliminating your debts are based on your income, and are often determined by 75?% living costs. If you have mortgage payments, then this will reduce the percentage of living costs, since the mortgage is a source of living and a source of debt. In other words, any service that offers debt relief or other types of service must factor in your cost of living.

Consolidation services for debt settlement are often a better solution than debt consolidation. Many of the services for debt consolidation claim the process is free and simple of stress. In other words, any service that offers debt relief or other types of service must factor in your cost of living.

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Source: http://www.opencircuits.com/index.php?title=Consolidation_Service_Debt_Settlement_Versus_Debt_Consolidation&diff=67968&oldid=prev

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