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What is Debt Settlement?

EspanolDebt settlement is an agreement between a debtor and a creditor to fully satisfy a debt for a reduced payoff amount. It involves a team of professionals who negotiate a lump sum payoff amount with your creditors to be paid out over the next 6 to 36 months. The client achieves this with a lowered monthly payment. It is not a consolidation loan or credit counseling service. Debt settlement will without fail, reduce your current outstanding total balances by 40-60%.

When a debtor is unable to fully meet his/her debt obligations due to financial hardships, Debt settlement is a great alternative to bankruptcy. Debt settlement is also called debt negotiation. Technically speaking, a debt settlement is the agreement while debt negotiation is the process through which both parties reach that agreement.

Our Basic, Pro, and Elite Edition programs are designed to assist consumers with a financial hardship to reduce their debt through debt negotiation. Our highly skilled team of debt arbitrators will negotiate a 40-60% settlement to resolve the debt. Credit cards, medical bills and other personal unsecured lines of credit are eligible for a Debt settlement Program.

Question: Why would creditors ever agree to negotiate on money owed them in the first place? It would seem that they'd demand all that was due them, wouldn't it?

Well, put yourself in their shoes for a moment. If someone owed you a big chunk of money, your first inclination would probably also be to recoup the entire loan amount. But consider carefully - are there any conditions under which you would ever settle for less than the full balance? You might, if you thought that it was the only way you were going to get any of your money back. You also might consider it if you thought the person who owed you didn't have anything of any value that he or she (or you) could sell to raise the money. Also consider that the debtor has the right to file bankruptcy and the creditor will only lose in that type of agreement.


This 100% safe Debt Settlement program puts you in the driver's seat.

At CreditAllianceGroup We strive to provide excellent service to our clients with our best advertisement being a satisfied customer!

Basic Edition

Pro Edition

Elite Edition

Total Debt

$20,000.00

Total Debt

$20,000.00

Total Debt

$20,000.00

40% Est. Settlement

$8,000.00

40% Est. Settlement

$8,000.00

40% Est. Settlement

$8,000.00

CAG Fees

$3,000.00

CAG Fees

$4,000.00

CAG Fees

$5,038.00

Total Program Cost

$11,000.00

Total Program Cost

$12,000.00

Total Program Cost

$13,038.00

Total Amount Saved

$9,000.00

Total Amount Saved

$8,000.00

Total Amount Saved

$6,962.00

6 Month Program

$1,833.33

6 Month Program

$2,000.00

6 Month Program

$2,173.00

12 Month Program

$916.67

12 Month Program

$1,000.00

12 Month Program

$1,086.50

18 Month Program

$611.11

18 Month Program

$666.67

18 Month Program

$724.33

24 Month Program

$458.33

24 Month Program

$500.00

24 Month Program

$543.25

36 Month Program

$305.56

36 Month Program

$333.33

36 Month Program

$362.17

Based on $20,000.00 in unsecured debt our debt settlement program would save you at least $9,000.00 off what you currently owe. If you can pay more on a given month, there is no pre-payment penalty; in fact it's encouraged. You control how long you're in the CAG program. Without this program, that same amount of debt it would take you over 35 years to pay off if you paid the minimum monthly payment.

Here are some of the reasons to enroll in our Debt Settlement Program.

  • We go to work for you as soon as we get your enrollment package; not after you make your first payment. We contact your creditors and file the Request to Cease Verbal Communication on your behalf.
  • We confirm your balances and validate your debts*
  • As a client of CreditAllianceGroup, you will be enrolled in our Collection Call Protection Program.
  • We allow you to set your first month's payment date so that it is comfortable for you.
  • Negotiate with all creditors to report your account settled with a zero balance after paid.
  • Contact your creditors on a monthly basis to keep them informed on your progress.
  • Full access to our Client Relations Team in case you have any questions.
  • We will report any bill collector harassment to the FTC on your behalf.

If you are tired of living paycheck to paycheck, with all of your money going to credit cards and unsecured bills; contact us for a Free Consultation. A Sr. Credit Specialist will walk you through how our debt settlement programs work. Here at CreditAllianceGroup, we believe that together, we will help you put this credit card debt behind you forever, so you can move forward in life.

Validation Services on our Pro and Elite Packages only*

 


CreditAllianceGroup
does not provide legal, tax or investment advice. If you need legal advice, legal expertise or court filings, you must seek the advice of a licensed attorney. Individual results may vary.


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