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Debt Settlement FAQ’s - Common questions about debt settlement

What is debt settlement?
Debt settlement is a method of debt solutions that can help you reduce your debt. During our debt settlement program, you will pay one low monthly payment that will go towards your settlement, while your personal debt settlement coach communicates with your creditors. When the negotiations are finalized, you will have paid off your debt completely, for pennies on the dollar. Debt settlement is a successful way to eliminate debt because creditors are willing to cut their losses and get paid as much as they can. Lending institutions know that if a debtor files for bankruptcy, they will be unable to acquire any of the money that they’re owed.

How long does debt settlement take?
The length of a debt negotiation program depends a lot on the willingness of creditors to cooperate in the process. It also depends on the number of loans that you have to settle. However, most of our debt settlement programs have a duration of 12 to 36 months, and that is certainly a faster way to get out of debt than maintaining minimum payments for years and years.

How do I know whether or not a debt settlement company is reputable?
Because there are very few federal and state laws mandating the debt reduction industry it is imperative that you verify a company’s legitimacy before trusting them with your financial affairs. Look for memberships to the Chamber of Commerce or the Better Business Bureau. If the company is a member of the International Association of Professional Debt Arbitrators (IAPDA) you can be certain that they are legit, as they must comply with the IAPDA’s stringent code of ethics in order to obtain and maintain membership. If you are looking for a reputable debt settlement company that will act on your behalf and work towards your interests, please take a moment to fill out our no obligation debt settlement form.

I am struggling with my mortgage payments. Am I eligible for debt settlement?
Credit card debt help can only completely eliminate unsecured debts. This is because unsecured debts, such as credit card debts, have no collateral, and thus offer no guarantee to the lender that they will be repaid. A mortgage, on the other hand, is considered a secured loan. If you are unable to make the payments on your mortgage, the lender has the right to foreclose on your house.

Why should I use a debt settlement company?
It is possible to settle your debt without the help of a debt relief company, but it is an extremely difficult thing to do and most debtors who ‘go-it-alone’ aren’t successful. It is best to use a debt settlement company, because debt settlement experts have the experience and knowledge to successfully negotiate with creditors. Many of our specialists are already familiar with your creditors. It is hard for most debtors to find the time to contact their creditors, and they usually encounter difficulty in locating a person of authority. Your emotional involvement in the debt further complicates the process. By using our debt settlement program, you can be assured that the process will be successful and stress free.

What are the disadvantages of a debt settlement program?
There are a few minor disadvantages to debt settlement. After credit card debt relief, you may have an unfavorable credit score. Most people, however, don’t get hung up on this detail because their credit score was poor before debt settlement to begin with. Debt settlement isn’t as fast as bankruptcy and it can only help you with unsecured loans.

Despite a few disadvantages, debt settlement remains a great option for debt help. If you have more questions about debt settlement, please fill out our no obligation debt settlement form. One of our debt settlement representatives will contact you and answer any questions you may have.


Debt Free with Debt Settlement

Debt settlement is the best way to become debt free. Unlike debt consolidation, you will be able to get out of debt quickly and you won’t suffer any consequences like those associated with filing for bankruptcy. To learn more about how debt settlement can eliminate your debt, please take a moment to fill out our no obligation debt settlement form.

Once you enroll in our debt settlement program, a debt settlement specialist will contact you and begin constructing a budget and a plan for the settlement. Your debt settlement coach will act on your behalf during negotiations with your creditors, and secure you a payment in full that is for no upfront fees until your debt is settled. In a way, debt settlement gives you free money, because you are able to become debt free without paying the full amount that you owe. Creditor’s willingness to cooperate is one of the reasons that our debt settlement program is successful. Creditors would rather get paid something than nothing, which would occur if you were forced to file for bankruptcy.

If you would like to become debt free, please take a moment to fill out our free, no obligation debt settlement form. Debt settlement is the best way to become debt free. Debt consolidation enables you to become debt free in one to three years, and leaves you in a good position to rebuild your credit and move on with your life.


Premier Debt Help is one of the only Debt Settlement companies that offers a full 100% money back guarantee. Call 877-235-3878 today to get the facts about our guarantee and how it was designed for your protection.

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With Premier Financial Debt help working on your side, you pay no fees whatsoever until your debts are completely settled! We do not get paid one single cent until you see results! It's that simple.

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Get a 100% free consultation to discuss your current situation. A free consultation with a debt settlement specialist takes less than 10 minutes. Call 877-235-3878 today. Let a certified specialist help you make an informed educated decision.

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Disclaimer: All of our settlement estimates of about 50% are expamples of our prior performance. Individual results may vary. Factors that contribute to this will include completion of program, creditor cooperation and clients, willingness and abilitiy to set aside funds. Premier Debt Help is it a law firm and does not provide legal advice. Program not available in all states. Creditors have no obligation to accept settlement offers from Premier Debt Help or any other debt settlement company. Please review and understand all contract terms and program materials before enrolling.