Is debt settlement legal?

Answer A debt settlement is a common and legal arrangement between a creditor and debtor to settle a debt for an agreed upon amount, usually a figure lower than the original debt. The debt is cleared once... Read More »

Top Q&A For: Is debt settlement legal

Are debt settlement companies legal?

On One Hand: Yes, they are legalYes, debt settlement companies are legitimate businesses. Instead of paying money to the credit card company, you take that payment and send it to the debt settlemen... Read More »

Your Mother passed away 2 years ago and you are getting a settlement can credit card debt go after the settlement?

Answer Well, if they are garnishing your wages, than probably yes. What you should do is call and bargain with them to pay them off. If you owe $1,000, tell them you can pay $500. It's better j... Read More »

Is debt consolidation better than debt settlement?

On One Hand: Debt Consolidation is BetterDebt consolidation takes all of your debt and adds it together into one loan. This loan typically has a lower monthly payment (stretched out over a longer p... Read More »

How to Compare Debt Consolidation Vs. Debt Settlement?

If you're stuck with overwhelming debt and there are multiple bills to be paid off, you may either consolidate or settle your dues thereby getting rid of your burden faster. Here are a few steps to... Read More »