Debt Regret provides its client's with a tailored service known
as
debt settlement
or
debt negotiation. Debt Settlement
is a program in which creditors agree to a lump sum payment
in exchange for forgiveness of a full balance owed. In
simple terms, our debt settlement program offers a service
that negotiates with creditors on your behalf. Once a creditor agrees to sufficiently lower
an
amount owed, it is settled with a lump sum payment for
forgiveness of the entire debt. In exchange, creditors
typically agree to report the debt settlement to all the credit bureaus
as no further financial obligation outstanding.
Is
debt reduction right for you? As consumer debt continues
to spiral out of control, many American's have come to realize,
Debt Regret's debt reduction program is one of the fastest and most
effective forms of
debt reduction available today. Who qualifies for our
debt reduction program? Our debt reduction services are
typically reserved for those that suffer from unsecured such
as
credit cards, medical bills, department store cards,
deficiency balances and collections accounts.
With any
debt relief program, you must
actually be in dire need of help. Our Debt relief services
are not for those that that can repay their debts without the need for
third-party assistance, If your simply trying to lower your
bills and don't truly need debt relief, chances are Debt
Regret will be able to assist you. Typically, debt relief
services are for clients that are suffering from
some type of financial hardship and are in need of debt
relief to get back on track. The term financial hardship can
mean many things, so to clarify, our average client
suffers from financially devastating events, such as loss of
employment, divorce, medical bills or anything else that may
have caused a consumer to accrue high credit card balances
with no ability to repay. In order to maintain our high
level of service, each account presented for enrollment is
reviewed on a case-by case basis.
Debt Regret's
program is an innovative
bankruptcy alternative for
consumers suffering from high debt balances. Our bankruptcy
alternative program offers one low monthly payments, a drastically reduced
timeline, and one of the lowest total costs of any
alternative to bankruptcy. Today's demanding financial
obligations require bankruptcy alternatives as as way to
help people in need of an alternative to bankruptcy or for
those who do not qualify.