Debt settlement, also known as Debt Negotiation, is one of the most viable approaches to resolving overwhelming debt.

At Financira, we understand the stress and struggle associated with handling an overwhelming amount of debt, and our goal is to reduce your debt so that you can get on the path to financial freedom, and live a debt free life! If you're simply paying minimum monthly payments, or are already behind, then surely it feels like you are just treading water or, getting nowhere.

Our program, through negotiation, will reduce your debt down to a fraction of what you currently owe. So, you only end up paying back a fraction of the debt to the creditor! Our program is custom-tailored for each individual’s current financial situation in order to make the process as quick and affordable as possible.

Most settlement and negotiation programs work with individuals who have qualifying hardships. Qualifying hardships could include; loss of a job, drop in income, divorce, disability, personal injury, serious illness, inability to meet monthly minimums, and more. Unfortunately, these are all conditions which plague many Americans in their daily lives.

Generally, debt settlement is both the fastest and least expensive option for a person to pursue.

People who choose debt settlement can settle their debts relatively quickly.

Like credit counseling, debt settlement involves negotiating with the creditors. Unlike credit counseling, this negotiation is an attempt to reduce the principal owed, not just the interest. The reason that creditors accept settlements is that the bulk of the charges on many accounts are comprised of fees and interest. In addition, nearly all clients had been making a regular monthly payment prior to trying a settlement offer, some for many years, and have effectively paid back the bulk of the money that they’d actually spent, if not far more.

Settlements allow for the creditors to quickly recoup that money, as well as a good percentage of interest and fees, therefore oftentimes it is in their benefit, especially when a consumer has a qualifying hardship and little or no ability to pay the debt back under normal conditions.

For more information, complete our online form, or contact us via telephone or email for a free financial evaluation. There is no obligation or cost. Call Today! 1-866-987-3328