Debt Shield’s Role

Negotiating a settlement is the most crucial part of the debt settlement process, and Debt Shield uses its experience and expertise to make this happen for you as simply as possible. Debt Shield works with many different creditors, so the name will be familiar when contact is initiated.

From here, we negotiate the amount of the debt owed and the timeframe under which it will ultimately be paid in one lump sum payment. Debt Shield's goal is to negotiate settlement payments on individual accounts for less the amount owed at the time of the settlement.

Once you've accumulated sufficient funds, we will begin negotiating with your creditors and keep you informed as settlement offers are made and agreements are reached. Upon successful completion of our program, each of your settled accounts will reflect a zero balance. After the settlement payment for each creditor is sent to them individually, your debt is considered settled in full.

click to return to the previous page Previous: Monthly Set-Asides

Next: Creditor’s Perspective click to go to next page

Fill Out the Form for a
FREE Consultation







How can we help you?

Please fill out all form fields

Free Virtual Consultation

Insights

Did you know....

It could take you over 18 years – and at least $31,000 in interest payments – to pay off a $10,000 debt on a card with a 19% rate, if you only pay the monthly minimum.