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Welcome to the First Choice Debt Resolution Web site!
Thank you for visiting our
Debt Settlement Company where we will go
through a
Debt Negotiation process to help settle your debt. We have
several ways to work with you and your creditors to begin the Debt
Settlement process. If you have Unsecured Debt such as
Credit
Cards, Medical Bills, Private Student Loans, Department
Store Credit Cards, and Revolving Credit Lines, then a Debt
Settlement Program is right for you. To begin your Debt Settlement Program,
call us or simply fill out the form and a Debt Settlement specialist will
contact you immediately.
Will Debt Settlement Work for me?
Debt Settlement is not for everyone and should be used as a last
resort. Debt Settlement will work if you have substantial debt with
creditors. Creditors want their money and they do not care how the get it.
Our Debt Settlement program can start to give you peace of mind as we go
through the process of Debt Negotiation or Debt Arbitration
with a Debt Settlement Letter that works directly with the creditor.
By having our company work with your creditors, you will stop receiving the
annoying phone calls from the collection agencies.
What can Debt Settlement do for me?
With our Debt Settlement Plan we can start to eliminate collection calls,
lower your monthly payments, you can
avoid Bankruptcy, you can
have one low monthly payment, and we can get you on the road to
become debt free.
What is Debt Settlement?
Debt Settlement is a way to lower your monthly payments and to eliminate
your Unsecured Credit Debt. The process of Debt Settlement is geared toward
your overall Debt Reduction. Debt Settlement is also called Debt
Negotiation or Debt Arbitration. The idea behind Debt Settlement
is that your creditor will agree to settle your overall balance with us at a
drastically reduced amount and then consider the balance settled or paid.
The overall objective of Debt Settlement is for you to avoid Bankruptcy. If
you file for Bankruptcy then the creditor will likely lose all money that is
owed to them (a very good reason creditors agree to work with Debt
Settlement companies). Bankruptcy will also put you in a bad position credit
wise for many years, hurting your chances in the future of owning a home,
owning or leasing a car and obtaining credit cards, causing an uphill battle
when it becomes time to regain trust from creditors. After a Bankruptcy, you
will not be without paying extremely high interest rates on credit cards and
loans, if you get approved down the road.
Debt Settlement arrangements can help reduce the money that you owe
by 25% to 65%. Debt Negotiation can be complete within 6 to 60 months. Call
a Debt Settlement debt analyst now for details.
How will Debt Settlement affect me?
With any Debt Settlement process there are some drawbacks that you will need
to consider. Your credit report may show that there was a Settlement of Debt
with your creditors which can affect your overall FICO scores. At this
point, if you are looking for Debt Settlement, your credit score may already
be on the verge of becoming lowered due to overwhelming amounts of debt that
you cannot get out of without assistance. It is a good idea to speak with a
Debt Settlement specialist to see if Debt Settlement is a good choice for
you. Not everyone qualifies for every Debt Settlement program. Call now to
find out if you qualify before it is too late!
Debt Settlement and Creditors
Most consumers who are seeking Debt Settlement have thought about
Bankruptcy. A creditor does not want you to go this route and neither should
you. With Debt Settlement, creditors are happy to know that they are going
to receive a payment within a reasonable amount of time. By using our Debt
Settlement plan, trust is developed between you and your creditor. Although
most creditors would rather receive your full payment, at this point, they
know this is your last resort and are willing to work with our Debt
Settlement Company.
Do it yourself Debt Settlement?
Like any service or industry it is better to leave the job to the
professional who does this day in and day out. Creditors have already been
in contact with you and do not want to negotiate the debt that you have
acquired with them. Debt Settlement is a process that calls for industry
knowledge and the ability to converse with your creditors. If you do chose
to do your own Debt Settlement, the process will likely be more costly and
take many months or years longer. Our Debt Settlement Company settles large
amounts of debt with each creditor, enabling us to get a much better deal at
Debt Negotiation time. You can trust our Debt Arbitration Department to take
care of your Unsecured Debt.
Should I feel embarrassed about using Debt
Settlement as a last resort?
The answer is NO! Most creditors make you feel like you have done
something wrong. It is the creditor’s job to do so. The creditor’s main
objective is to collect their money PERIOD! They do not understand that
situations and circumstances arise causing you to get behind. Hardships make
paying bills difficult if not impossible. You could have lost your job, lost
a loved one, and the list can go on. Situations happen in our lives that are
beyond our control. Creditors are actually happy that they are going to
receive payment from our Debt Negotiation Department.
Debt Settlement vs. Credit Counseling
There is a major difference between Debt Settlement & Credit Counseling.
Debt Settlement helps settle your debt with creditors by reducing the amount
that you will pay them back. Debt Settlement also reduces the amount of time
it will take to become debt free.
Credit Counseling Services works for the creditor. Simply put, Credit
Counseling may only reduce your payment by a small amount and keep you
paying on your debt for many years longer than if you were to be enrolled in
a Debt Settlement program. Did you know that by paying minimum payments on a
credit card you can be paying for over 50 years before the balance is paid?
Call us now and one of our Debt Settlement debt analysts can calculate how
long you will be paying on your credit accounts. As always, there is no
obligation.
What Type of Debt can be settled?
The Debt Settlement process can be used to pay off Unsecured Debt.
Unsecured Debt is Credit Card Debt, Department store Credit
Cards, Gas Cards, and Medical Bills in Collection, Revolving Credit
Lines, Unsecured Lines of Credit, Personal Loans and some other loans that
have made it into collections. Call now to find out if your debt qualifies
for elimination through one of our Debt Settlement programs.
Debt Settlement can not be used for…
Mortgages, Auto Loans, Student Loans, or any type of
government loan cannot be negotiated by a Debt Settlement Company. In
most cases the creditor can repossess, or foreclose on a home or auto loan.
Private Student Loans may be an exception. Speak to a debt settlement
specialist now for details.
Will my wages be garnished by my creditors?
If you listen to some Debt Collectors, you might be fooled into thinking
that they will seize your very next paycheck unless you make a payment right
then and there. The threat of losing part of one's wages to a garnishment
action is truly frightening to someone already struggling financially. This
is mainly an intimidation tactic used by collectors to scare people into
committing to a payment schedule whether or not they have the funds
available. Actual garnishment actions are relatively rare, and do not happen
without advance warning. First, a creditor must bring a lawsuit, obtain a
judgment, and then take additional steps to obtain authorization for the
garnishment. No one can take your paycheck without court approval, and you
must be given notice of such court action through formal documentation. So
don't be fooled by one of the oldest collection tricks in the book.
Is Debt Settlement Legal?
Debt Settlement has been around for decades. Debt Settlement has only become
more relevant since the 1980’s when the banks became more accessible to lend
out more money and when there has been a recession or economic collapse.
Debt Settlement is looked at in a positive light. This gives your creditors
a good impression and shows that you are making strides to pay your debts.
Who we work for?
Many people think that when they decide to hire a Debt Settlement Company
that the Debt Settlement Company works with the creditors and not the
consumer. This assumption is not correct. We work for you. You are our
customer, the creditor is not. First Choice Debt Resolution, LLC is the Debt
Settlement Company that will work directly with you to put you on the right
path to become Debt Free. Fill out the form now for a free, no obligation
analysis of your debt. One of our Debt Settlement debt analysts will call
you immediately.
To learn more about our debt settlement services,
click here.
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