What is debt relief? Debt relief is a debt reduction approach where a negotiator works with creditors to reach a relief that is less than the total amount owed, allowing the debtor to become debt-free and avoid bankruptcy. When a customer comes to Debt Busters with unsecured debts like credit card debt, medical expenses, or personal loans, we help them. Here are the steps:
Debt Relief Assessment
We’ll start by looking over your debts and evaluating your financial status. If we determine that debt relief is the right course of action for you, we will provide you with a straightforward and transparent outline of our fees and describe the debt relief procedure.
Debt Relief Enrollment
As soon as you choose to sign up for our program, we’ll work with you to develop a personalized strategy based on your particular financial situation. Also, we’ll ask you to cease paying your creditors and instead direct your payments to a special account we’ll open for you.
Debt Relief Negotiation
On your behalf, our team of skilled negotiators will speak with your creditors in order to reach a relief that is less than the whole amount owing. As we move forward, we’ll keep you informed and let you know when a resolution is achieved.
Debt Relief Payment
Once we achieve a relief solution for you, we will ask for your consent before paying your creditors from the special account we opened for you.
After paying off all of your bills, you’ll be debt-free and able to begin repairing your credit.
Debt relief works by negotiating with creditors to pay off your debts for less than the total amount owed, allowing you to become debt-free and start repairing your credit. Here are the steps:
Contact the Debt Busters
For people who are struggling with unsecured debt , debt relief may be a helpful choice. It’s also a solution to get out of debt without filing for bankruptcy. Read this study on the stress that debt can cause. We invite you to get in touch with us to arrange a free consultation with one of our debt relief specialists. Our Debt Busters will assess your debts and give you individualized guidance on how to get out of debt.
Carlo V. DeFalco
RELENTLESS Venture Studio