Hiring a Debt Negotiator - Bankruptcy Alternatives With Debt Settlement
Did anyone ever suggest you about hiring a debt negotiator? Guess what? You can get bankruptcy alternatives with debt settlement.
The best part being that the method of settlement will ensure that the negative effects of bankruptcy are eliminated and that you get a debt relief of at least 50% of the total outstanding due! Let us comb through the method of settlement as an alternative to bankruptcy and find out how you can eliminate debt! Settlement has two very basic requirements.
First, you need to have a minimum unsecured debt of $10k and the second being that you need to keep your debt consolidated to ensure that the first condition is satisfied and that the cost and time required for settlement is minimized.
If these two conditions are satisfied, you need to hire a professional debt settlement company.
A professional company will have a complete knowledge of the financial system and the loopholes present in the system.
This means that the trained negotiator from the company will know exactly how to deal with your creditor to get the best deal for you.
You need to go delinquent once the negotiator advises you to do so.
It may be a difficult thing to do but you need to make that decision in order to prove that you are in a financial trouble.
After you stop paying, the creditor will wait for 90-120 days and then sell off the debt to a collection agency for a poor deal of 20-30 cents for each dollar collected from you.
The negotiator will take the opportunity and contact the creditor with a new offer of 30-50 cents for each dollar.
The creditor will also be threatened of bankruptcy in case it refuses to accept the deal.
The creditor will never want that and will therefore accept the deal on the basis that it will mean 100% ROI for the collection agency.
The creditor will therefore eliminate at least 50% of the debt that you have.
This is how hiring a debt negotiator can help you to eliminate debt using debt settlement.
The best part being that the method of settlement will ensure that the negative effects of bankruptcy are eliminated and that you get a debt relief of at least 50% of the total outstanding due! Let us comb through the method of settlement as an alternative to bankruptcy and find out how you can eliminate debt! Settlement has two very basic requirements.
First, you need to have a minimum unsecured debt of $10k and the second being that you need to keep your debt consolidated to ensure that the first condition is satisfied and that the cost and time required for settlement is minimized.
If these two conditions are satisfied, you need to hire a professional debt settlement company.
A professional company will have a complete knowledge of the financial system and the loopholes present in the system.
This means that the trained negotiator from the company will know exactly how to deal with your creditor to get the best deal for you.
You need to go delinquent once the negotiator advises you to do so.
It may be a difficult thing to do but you need to make that decision in order to prove that you are in a financial trouble.
After you stop paying, the creditor will wait for 90-120 days and then sell off the debt to a collection agency for a poor deal of 20-30 cents for each dollar collected from you.
The negotiator will take the opportunity and contact the creditor with a new offer of 30-50 cents for each dollar.
The creditor will also be threatened of bankruptcy in case it refuses to accept the deal.
The creditor will never want that and will therefore accept the deal on the basis that it will mean 100% ROI for the collection agency.
The creditor will therefore eliminate at least 50% of the debt that you have.
This is how hiring a debt negotiator can help you to eliminate debt using debt settlement.