In a debt settlement program, the creditor agrees to slash the outstanding balance of the consumer by a certain percentage after a successful negotiation process. The program is usually offered by a settlement company in exchange of a fee.
The best part of the program is that consumers can settle debt for pennies on the dollar. They won't have to pay late fees, fines or penalties.
Once payment is done, the creditor will inform the credit bureau that you've settled the account.
Why is Oak View Law Group unique? What makes it the best debt settlement company in the country? Find out on your own.
* OVLG doesn't offer any services in Wisconsin, Vermont, Colorado and Connecticut.Get instant help from OVLG
Here you're actually talking about DIY debt settlement. Well, it's not for everybody and this is why several consumers approach attorneys. Here are the 10 qualities you need to have in order to negotiate on your own:
Attorneys are there in the industry for several years. They know the ins and outs of debt settlement programs really well.
Next time you hear these names, don't get awestruck.
This is nothing but DSP.
Is it a registered firm?
It is registered with CalBar and Cal Chamber
Yes, there are. If you want to know about them, then check out the following tips:
Well, you have 3 options basically during this time.
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I am in California. Would like to know if they are legal. I could not find the website where you check that. ThanksView more »
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