What Do Debt Settlement Companies Do

What Do Debt Settlement Companies Do? Debt settlement organizations assist individuals with financial hardship to negotiate with creditors to come to more favourable repayment terms and settle the debt on the client’s behalf. Companies that specialize in debt settlement or debt resolution will work to reduce the debtor’s overall principal balance as well as the interest rates charged on that debt. This debt relief method is very different from debt management and consolidation, which merely aim to lower interest payments while leaving the principal debt unaffected. Most individuals who elect to use a reputable debt resolution company like Landmark Legal can expect to see their first settlement within 4-6 months and every 4-6 months after that. This process helps client’s relieve stress and become debt free in months not years. Read the full details about top rated debt settlement companies here.