All estimates are based on prior results, which will vary based on specific circumstances. Not all clients complete our program for various reasons, including their ability to save sufficient funds. Not all debts are eligible for enrollment. All claims above are based on enrolled debts. * Clients who are able to remain with the program and resolve all their debt realize approximate savings of 55% before fees, or 30% including our fees, in 24 to 48 months. Once a settlement is reached, you pay off the lower debt amount! And you’re moving ever closer to living a debt-free life. It usually takes several months before creditors are willing to negotiate seriously. While you’re saving, we’ll monitor your progress and work with creditors to reach a settlement. The money you save is used to negotiate settlements with your creditors for significantly less than you originally owed and pay our service fees. To successfully settle your debts, you’ll work with American Debt Relief by making monthly deposits into a savings account-usually at a lower monthly payment than your minimum payments to creditors had been. While the concept is simple, it takes a lot of work and experience to know what debts can be settled and when the settlement offers are in your favor.
The Financial Freedom Plan is a proven method for helping people become debt-free using the power of debt settlement.ĭebt settlement is an agreement with your creditors to pay off your debt (settle it) for less than you owed.
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