All Updates

Posts Tagged ‘unsecured debts’

This is a technique in which one must fall behind on their unsecured debts’ while saving up the needed funds on the side, to then negotiate a one time settlement, at a much reduced amount from the original balance owed. Consumer debt relief is something that should not be taken lightly unless you want to risk losing money. While debt settlement does have a short term harmful effect on someone’s credit rating, it is not anywhere near as negative as bankruptcy. Settlement is not made a public record like bankruptcy.