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Debt Settlement
Debt settlement or debt arbitration is a legal
process used by both people in debt and their creditors to
negotiate a settlement of an existing legal debt. This proactive
approach is the most cost-effective option to pay off your
current debt while avoiding the negative effects of bankruptcy.
Any person owing credit card debt, or any other debt, has
the legal right to contact and negotiate with the creditors.
This practice however, takes time to master and certain skills
to get the maximum benefits. New Horizon Consumer Services
works diligently and professionally with your creditors on
your behalf to reduce your current unsecured debt balances
down 40-60% by arbitrating an agreed settlement amount with
your creditors.
Debt settlement is an appropriate option for
people who may otherwise be considering bankruptcy due to
some type of hardship. Creditors are usually willing to settle
for less than the amount owed when a person is under financial
strain because if the person is forced to declare bankruptcy,
the creditors receive nothing. New Horizon Consumer Services
assists clients by establishing an affordable monthly savings
goal to save money for the settlement of the debts. Ultimately
as each account is settled, the creditors will consider the
accounts paid with a zero balance. A debt settlement program
will have a short-term adverse effect on your credit during
the program which may affect your ability to apply for new
credit while your accounts are being settled. Once debt has
been paid off through a settlement program, a client is then
free to rebuild a solid credit profile without the burden
and stress of outstanding debt.
Should this be the option for 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. New Horizon Consumer
Services 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 for our clients.
Debt settlement companies are independent companies not affiliated
with your creditors which means we work directly and 100%
for you.
The goal is to provide 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 debt
settlement ensures that clients become debt free quickly and
comfortably and get back on the path of financial freedom.
Contact us now to learn more.
Understand
the new Bankruptcy laws
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