DEBT SETTLEMENT- LUMP SUM

Credit card debt settment is different from credit counseling in that it usually requires a lump sum payment to settle, rather than a monthly payment.  Generally, creditors will discount a debt if you can pay it off in a single payment to settle. 

If you have the cash for a credit card lump sum settlement, you are in the right place.  Generally, we ask that you have about fifty five cents on the dollar.  For example, if you have credit card debt of $100,000 and you can make a one time payment or cash lump sum of $55,000, we can often resolve the situation for that amount.

But lets say you dont have 55% for a lump sum cash settlement.  In the above example, let's say you have $25,000, not the $55,000 lump sum we need.  In this case, we can still help if you can come up with the other $30,000 in roughly 18 mos.

In short, we need to have 55 cents on the dollar total over an 18 month period of time to guarantee debt settlement success. 

If you are a high debt client ($40,000-$250,000), and you do not meet these criteria, we still may be able to help. Call Steve directly at 303-520-3414 to discuss what options you may have.