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debt settlement

The process of a creditor and debtor agreeing to settle an outstanding debt for a certain amount of money. For instance, Sue may owe $10,000, but her creditor may settle the debt for $7,000 if she pays the debt off in 7 days.

Related information about debt settlement:
  1. Debt settlement - Wikipedia, the free encyclopedia
    Debt settlement, also known as debt arbitration, debt negotiation or credit settlement, is an approach to debt reduction in which the debtor and creditor agree on ...
     
  2. Debt settlement - A legal way to reduce your debt load faster
    Debt settlement is a legal way to repay debts faster. Find out how OVLG debt settlement programs work. Know the settlement eligibility, laws, pros and cons.
     
  3. When debt settlement makes sense - 1 - debt management - MSN ...
    Sep 22, 2010 ... It's not for everyone, and the industry is largely unregulated, so you'll need to exercise caution if you hire a company. Despite that, it may be ...
     
  4. Debt Settlement USA | Credit Card Debt Settlement Programs & Info
    Stop struggling with Credit Card Debt! Find out how Debt Settlement can help you tackle your debts today.
     
  5. Debt Settlement: Watch video on how to pay your debt faster (A+ on ...
    3 days ago ... Debt settlement is a faster and legal way-out to reduce credit card dues and other bills. Find how to choose the best debt settlement companies.
     
  6. Debt Settlement Can Hurt More Than Help - CBS News
    May 12, 2009 ... The Early Show: Debt Settlement Can Hurt More Than Help - "Early Show" Financial Contributor, Vera Gibbons On Pitfalls Of Debt Settlement.
     
  7. Debt Settlement Advice | Settling Your Debts
    Jun 23, 2011 ... Can I settle my debts myself? Yes, you can settle debts with your own win-win solution - read our FREE TIPS!
     
  8. Best Debt Settlement Companies - Fun New Jersey.com
    See our list of the top 10 debt settlement companies that really work. We have done reasearch to find the top 10 debt consolidation companies that can help you ...