About Debt Settlement

Debt settlement can be a great way to pay back less than you currently owe….on your own terms.

What is debt settlement? Sometimes called “debt arbitration” or “debt negotiation,” debt settlement is an agreement made between a creditor and a consumer in which the total debt balance owed is reduced and/or fees are waived, and the reduced debt amount is paid in a lump sum instead of revolving monthly. The term settlement comes from the idea that the creditor agrees to “settle” your account, and also generally includes the closing of the account.

Is debt settlement ever a legitimate and viable option? Yes, but only in certain conditions, and it can cause potentially negative effects to your overall monetary situation and credit profile. Each creditor’s policy on account settlement varies, and it is always a creditor’s right to dictate their own terms. Determining factors may include the total amount of debt owed, the length of time an account has been active, the length of time the account has been delinquent, along with other criteria.

Our Team at Signature Servicing is comprised of professionals who put your needs first, and will stop at nothing to get you the best possible result.

If this sounds like an option worth exploring, then let’s get started!

Why Debt Settlement

When it comes to your personal struggle with debt, rest assured you are not the only one. Many people find themselves in this exact situation and cannot seem to find a way out. While there are many options available to you, the most important thing is to identify the best option for your unique financial situation.

The good news is that there is a proven alternative to high priced, up-front fee based programs, Debt Settlement.

Debt settlement is a process whereby we negotiate directly with your creditors to get the best settlement result possible depending on your individual situation. We do not simply reduce just the interest or restructure the payments, we settle the debt for less than you actually owe – and we NEVER take fees until we’ve done our job. That’s our business model and how we help our consumers.

If we are unable to settle your accounts, you pay us nothing.

If this sounds like an option worth exploring, then let’s get started!

INDEPENDENT ANALYSIS OF THE DEBT SETTLEMENT INDUSTRY