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.
"Proper planning and early shopping are the best ways to survive the back-to-school shopping season" Back-to-school - this twelve letter word is enough to make kids shudder with fear since their fun ride is finally over. It's time to wake up early in the morning, have a ...View more »
I have a credit card debt worth $70,000. I’ll earn around $70,000 by selling a house. I’m planning to default on credit cards and use $70,000 for other purposes. Let the debt go to collection. I will negotiate and reduce it later. How is my plan ...View more »
Mistakes are very common and obvious things, especially when it comes to finance. Both youngsters and elders make costly money mistakes. And this includes dads too. There's a proverb you may know, “The man who makes no mistakes does not usually make anything.” Most often, many of ...View more »