Debt Settlement Information

Debt is a growing problem in the current economic environment. During the housing boom and economic upswing a few years ago it was increasingly easy to qualify for mortgages, credit cards, and car loans. Falling housing values, rising mortgage payments, and the economic downturn have forced many Americans to rely on unsecured lines of credit to just get by and feed their families and have left many feeling burdened by high interest rates. Reliance on unsecured credit is causing an increasing number of people to default on their loans and file bankruptcy.

Fortunately there are alternatives that many find more attractive than simply making the minimum payments or filing bankruptcy. HonestDebtSettlement.com (dba Solutions Financial, LLC) programs can negotiate a settlement for 40% to 60% of the amount owed. Settling unsecured credit card debt often frees up much needed funds that helps our clients regain control of their lives.

Debt Settlement Eligibility

Not everyone is eligible for a debt settlement program. Please take a moment to complete our debt relief eligibility form and you soon could be on your way to having more financial freedom.

Unsecured Debts

Our settlement programs can only negotiate settlements of unsecured debts. Unsecured debts include, but are not limited to, credit cards, unsubsidized student loans, and medical bills. Unsecured debts do not include mortgages, car loans, payday loans, or federally subsidized student loans. For a complete list of eligible debts please call our Debt Advisors at (877) 777-DEBT.

The First Steps in Our Debt Settlement Program

Once you have completed our eligibility form you will be contacted by a Debt Advisor to discuss our settlement programs. Our Debt Advisors will review your current financial statements and based on your level of debt, recommend a program that will best suit your needs.

Reducing Collection Calls

Calls from debt collectors can create added stress and become burdensome. Although Solutions Financial, LLC cannot guarantee that collection calls will cease, we can enroll our clients in a consumer advocacy network (UCAN), depending on the situation. UCAN works with our clients to help reduce collection calls by providing strategies that can help to end harassing calls.

Your Credit Rating

Carrying a large balance, making minimum payments, falling behind on payments, defaulting, and filing bankruptcy all have adverse effects on credit ratings. Enrolling in a debt settlement program may have a short-term negative impact on your credit rating depending on your credit history; however, if you have fallen behind on payments our programs will likely have a positive long-term impact on your credit.

What Is This Going To Cost?

Negotiating a settlement is a complicated process that is handled by debt settlement underwriters and negotiators and requires a great deal of skill and persistence. If you qualify, our negotiators can settle your debt for a fraction of what the total cost would be under the creditor’s payment structure. We can typically reduce the percentage of what you are required to pay from 100% of the current amount you owe to 40-60% including our competitive fee.

Determine Your Eligibility Today

If you find yourself behind on payments, struggling to make the minimum payments, or considering bankruptcy – Solutions Financial, LLC can help. Our knowledgeable Debt Advisors will review your financial standing with you, explain how Solutions Financial can settle your debt for a fraction of the amount owed in a significantly shorter period of time, and offer you advice on the program that will work best. Get started today by filling out the Debt Relief Consultation form or calling our Debt Advisors at (877) 777-DEBT.