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posts in Debt Settlement (4)
Posted by imarketing4s
at 11:19AM 12/10/07 and by 1 other
in finance, Bank & Finance, money, Personal Finance, Debt Settlement, Business, All about Business and Finance, Business/Money, Credit Cards, Small Business Owners, Business and Finance, Business Opportunity, Consumer Bad Credit Repair Guide, Student credit cards, Business & Finance
Posted by imarketing4s
at 11:10AM 12/07/07 and by 1 other
in finance, money, Personal Finance, Debt Settlement, All about Business and Finance, Business/Money, Credit Cards, Business and Finance, Consumer Bad Credit Repair Guide, Student credit cards
Posted by loaner2007
at 12:53PM 12/06/07 and by 1 other
in finance, money, Personal Finance, Debt Settlement, All about Business and Finance, Business and Finance, Consumer Bad Credit Repair Guide
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Debt Settlement
"Debt Settlement is a process to settle your debts with the creditors."
A debt settlement is an agreement between a debtor and a creditor to fully satisfy a debt for a reduced payoff amount. A debt settlement is usually reached when a debtor is unable to fully meet his/her debt obligations due to financial hardships and attempts by the creditor to collect on the debt have failed. The creditor agrees to cancel part of the debt and accept the remaining sum as full repayment. 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
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posts in Debt Settlement (4)
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