Are you delinquent on your credit card bills and risking bad credit? Sometimes referred to as debt negotiation or debt reduction, a Texas credit card debt settlement involves negotiating with your creditors to resolve paying off your debts for less than what you owe. Generally, a Texas debt settlement companywill negotiate with your creditors and work to resolve the debts and lower your principal balances so that you can legally and affordably settle your debt obligations.
Debt settlement is mainly for consumers who are suffering from financial burden or are struggling with large debt, but want an alternative to bankruptcy. The program we’ve developed at Accredited Debt Relief focuses on whatever unsecured debts you are carrying. This includes bills for credit cards, medical expenses or other kinds of loans without collateral. This program is not meant for collateral loans like a home loan or car loan.
Accredited Debt Relief will evaluate your financial situation and match you to the best debt settlement program for your needs. Our partners provide expert debt settlement services that help you take control of your debt. Unlike other forms of debt consolidation, debt settlement directly negotiates your principal balance with your creditors.
The average debt settlement program lasts about 2-4 years and the speed at which your program is finished depends entirely on how much money you apply to your program. You can only pay off debts when you have the money to pay them off, so it’s essential for you to build up your settlement account fund as fast as you can. We can help you find the best solution for your needs and give you all the information you need, including how soon you might see a Texas debt settlement letter from your creditors.