What is Debt Settlement?
Debt settlement is when your creditor agrees to accept less than you owe to satisfy your debt. This process usually involves negotiations between the consumer and his or her creditors to settle unsecured debt for less than the full balance. These negotiations are often conducted on behalf of the consumer by a professional debt negotiator.
Who is Debt Shield?
Debt Shield is a debt settlement company specializing in helping consumers settle their credit card debt and resolve their financial problems that result from hardships such as unemployment, medical problems, death in the family and divorce. If you have more than $10,000 in unsecured debt (credit card debt, medical debt, personal loans) and are having trouble keeping up with your minimum payments, you may qualify for our debt settlement program.
Settle Credit Card Debt and Other Unsecured Balances
Our debt settlement program involves negotiating an agreement between you and your creditors to settle your debts for less than what you owe. You maintain control of your finances throughout the debt settlement and negotiation process and we will be here to answer your questions along the way. Our debt negotiation professionals' job is to work with your creditors to settle your debt for what you can actually afford and restore your peace of mind by:
- Helping to resolve your credit card debt
- Communicating with your creditors or collectors on your behalf
- Working with you as your financial situation changes
- Enabling you to stay in control of your money throughout the debt settlement and negotiation process
History of Debt Settlement
Creditors began establishing debt negotiation departments in the late 1980s and early 1990s with the specific purpose of negotiating and settling credit card debt. Many creditors and debt collectors settle credit card debts at a discount because they understand that the alternative is often bankruptcy, in which case they get nothing.
Who Can Benefit from Debt Settlement?
Our program benefits everyone involved: the creditors receive money from consumers who may otherwise have paid nothing had their debts been discharged in bankruptcy; the court systems are not as overloaded with collection and bankruptcy cases; and most importantly, Debt Shield clients can settle their credit card debt and can enjoy the peace of mind that comes with a debt-free life.
Get Started!
You may be able to resolve your credit card debt once and for all through debt settlement. Call us today for more information and to see if you qualify! Call 1-888-397-7546.
1 Based on unsecured account balance at the time of settlement. Assumes client adheres to and successfully completes all program terms. Individual results vary and are based on a client's ability to save and set aside funds and successful completion of all program terms. Debt Shield cannot warrant or guarantee specific results.
