What is Debt Settlement?


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Video Transcript

What is Debt Settlement?

Debt settlement, debt relief, debt resolution, they’re different names for the same thing. You pay back less than you owe. Sound too good to be true? Not really. Debt settlement is one step short of bankruptcy and your creditors don’t want you doing that they might end up getting nothing and you don’t want to declare bankruptcy either. Here’s something most folks don’t know, bankruptcy isn’t free. You have to hire a lawyer and go to court so it can cost thousands of dollars. That’s right, you have to pay to officially go broke. Debt settlement comes with a fee but it pales next to how much you save which can be half of what you owe. Now that you know what debt settlement does, learn how to take advantage of it at debt.com.

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Step 1

How much do you owe?

$25,000

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