Debt Settlement

If it feels like you're over burdened with debt, then you probably are. If you're knee deep in debt, cannot pay your bills and wish to avoid collection calls, you may consider debt settlement (also known as debt negotiation). This is when you negotiate and reduce the outstanding debt by 40-60% of the amount you owe. The creditor forgives the remaining debt, thereby, helping you to get out of debt faster.

How Debt settlement program works

Debt settlement companies offer a settlement program wherein they negotiate with your creditors/CA in order to settle the debt for less than what you owe. The companies charge an upfront fee for their services.

Whether it's a credit card debt settlement program or one which includes other debts, you need to stop paying your creditors. Instead, monthly payments should be sent to the settlement company, which will deposit the funds into a trust account.

How can we help you?

Our team of consumer debt consultants works individually with each client to help determine the program best suited for their particular situation and personal goals. We will set you up with an affordable monthly payment which is determined on a client-by-client basis between you and a counselor. Based upon what you are able to pay each month into your settlement account, we can determine how many months you will be part of the program, and ultimately be debt free. Throughout the program we communicate with your creditors on your behalf and soon you will no longer be dealing with burdensome phone calls and letters from your creditors. The Cheap Debt Relief maintains and continues to develop relationships with creditors throughout the country. By establishing cooperative and professional relationships with each creditor, we are able to reach the most favorable settlement offers to our clients. Cheap Debt Relief is an independent company not affiliated with your creditors which means we work directly and 100% for you

Our goal is to provide our clients with an affordable program to get back on their feet financially within 12 to 36 months and find a real solution for the strain and stress caused by debt. With honest and informative advice, outstanding customer service and a proven debt settlement process, we can ensure our clients become debt free, quickly and comfortably, and get back on the path of financial freedom.