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Learn How Debt Settlement Works 

 

What is Debt Settlement

 

With credit card debt reaching unprecedented levels, an increasing number of individuals are seeking assistance. Debt Settlement emerges as a viable consumer debt relief option, particularly for those ensnared in credit card debt or grappling with minimum payments to creditors. Over time, debt relief programs have gained traction as a popular alternative to bankruptcy.

There are several instances of financial hardship where debt settlement may prove beneficial:

  • Struggling to meet or falling behind on minimum payments
  • Unexpected medical expenses
  • Decreased income or job loss
  • Divorce or unforeseen expenses
  • Contemplating bankruptcy filing
  • Fixed income, such as relying on Social Security

Each circumstance is unique, underscoring the importance of consulting with a debt advisor to ascertain whether debt settlement aligns with your financial situation.

HOW DEBT SETTLEMENT WORKS:

Step 1 – Consultation

Connect with one of our Debt Advisors to determine the most suitable plan for your circumstances.

Step 2 – Saving

Commit to making monthly deposits into your designated account to build up funds.

Step 3 – Negotiation

Our proficient team will engage in negotiations with your creditors, while you authorize payments based on the agreed terms.

Step 4 – Repeat & Enjoy!

Repeat the process until all your debts are successfully resolved, and it’s time to rejoice in your financial freedom!

 SOME PRE-QUALIFICATIONS

If you have at least $10,000 in unsecured debt and are struggling to make payments, Overt Financial  will work with your creditors and collectors to help you settle your debts for less than what you owe.

Here are some debts that qualify:

Credit Cards * Medical Debts * Unsecured Personal Loans * Unsecured Credit Lines * Private Student Loans * Auto Repossessions * and much more

Here are some Debts that don’t qualify:

Mortgages * Auto Loans * Govt Student Loans * Child Support/Alimony * Taxes

Talk to our best Debt Expert

Lets get connected and see how Overt Financial Magic Play role in Resolving your Unsecured Debts you have
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