Youve had it up to here with your credit card debt and you need professional help. Youve settled on debt relief as a financial strategy but are unclear on the particulars, including how long debt relief takes. Well, weve got you. Here is info on that and more.
What is Debt Relief?
Debt relief, also called debt settlement, is when you pay a company such as Freedom Debt Relief to negotiate with your creditors to allow you to shell out less than what you owe to satisfy your unsecured debts, meaning those that arent attached to collateral. That includes debt from credit cards, medical bills and some types of private student loans and business.
Creditors are motivated to work with you since they know that if you file bankruptcy your other…
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