Debt Settlement Can Help You Eliminate Significant Debt.
Debt settlement involves negotiating with your creditors so they accept less than the full amount of the debt owed to them. Generally we can negotiate with your creditors and, for 50-65 cents on the dollar, they will consider your debt fully satisfied.
Trident Debt Solutions can get you out of debt in a relatively short amount of time (18 months or less) at a significantly reduced cost, without having to file bankruptcy.
Debt Settlement works best for credit card debt. We also accept other unsecured debts such as medical bills, broken leases, and deficiencies from repossessed vehicles.
Am I a Good Candidate for Debt Settlement?
You are an optimal candidate for debt settlement with Trident if:
- You have more than $40,000 in unsecured debt, and
- You have a lump sum of cash available to pay off creditors for 50-65 cents on the dollar
How Our Fees are Calculated.
Trident Debt Solutions only charges fees when you save money. We charge a set-up fee of $100 per creditor. After that, our fees are calculated as 25% of the money we save you through debt negotiation. For businesses, we charge 30% of the money we save through debt negotiation.
What is Involved in a Debt Settlement Program?
Trust Account:
First, we set up a trust account for you. It is from this account that the settlements are distributed.
Lump Sum Payment:
You fund the account with a lump sum of money which we use to negotiate with your creditors. Clients who have a lump sum for settlement receive the best outcomes.
