
business relief financing



DEBT SETTLEMENT
debt settlement is the preferred option of debtors but sometimes, they approach it with the wrong assumptions. these give them a distorted impression of what this process is really all about.
​
while it is true that this debt relief method will aim to negotiate for a lower outstanding balance on your debt, waiving off late payment penalties and other charges, and a lower interest rate, it will be an effort that is made on both ends.
​
this is one of the best and legitimate options to get rid of debt and it really works for some people. however, we need to paint the right picture for you so you will be relieved of any false assumptions about your expectations of this program.


THE REALITY
creditors will not always say yes.
this is heartbreaking for some people but this is the truth. the chances of your creditor saying no the first time we approach them is possible. But this is why you hired us in the first place. We will not give up. a successful debt negotiation will ride on the sincerity of your financial capabilities, our expertise and our working relationship with the creditor.
​
debt Settlement is not the favored option of creditors.
there are a lot of debt relief options and sometimes, creditors will prefer them. this decision will be based on your financial capabilities – which will be in discussion and intense scrutiny while the debt settlement negotiation is going on. if they think that you are capable of paying off your debts entirely, they may agree to lower the interest rate but still maintain the outstanding balance. they can also offer to extend your payment period to lower the monthly amount that you have to pay.



