What Is Debt Settlement?
Debt settlement is a process where you negotiate with your creditors to pay off your debt for less than what you originally owed. This can be a good option if you're unable to make your minimum payments, but it will likely damage your credit score and there's no guarantee that your creditors will agree to settle.
If you're considering debt settlement, you should first try to negotiate with your creditors on your own. If you're not able to come to an agreement, there are companies that specialize in debt settlement that can help.
Before entering into any kind of debt settlement agreement, make sure you understand the risks and fees involved. It's also important to know thatsettling your debt will likely result in a negative mark on your credit report.
The Law Offices of Omar Zambrano has helped thousands of people and businesses in the past to get out of debt and start over.
Our goal is to help you find a fresh start FAST!
Schedule your free consultation today! By Calling 626-338-5505 or visiting us at the 12738 Ramona Blvd Baldwin Park CA 91706