Solutions
Debt Relief Center’s debt settlement program is specifically designed to help you if your unsecured debt is $7,500 or more. Settling your unsecured debt is the first step to becoming financially secure and our debt reduction program may be your best option.
Our debt negotiators have successfully settled many accounts with creditors and collection agencies. We will work hard in an effort to negotiate the best possible settlement for you.
How It Works:
Our knowledgeable program advisors will provide you with an affordable monthly Debt Settlement Program(DSP) set aside plan. Your monthly DSP set aside is determined by evaluating your individual situation and your ability to set aside funds for future settlements. Our unique program allows you to save each month in your own savings account.
We start work on your behalf by contacting the creditors and collection agencies to let them know you have enrolled in our program and also to advise them of your interest in settling your unsecured debt with them. Debt Relief Center, Inc. does not contact your enrolled creditors until sufficient set aside funds have accumulated in your special purpose savings account. This is typically 15% or more of at least one enrolled debt. Often times it takes 6-9 months or longer to settle your first account.
Once we have reached a settlement with the creditor or collection agency, DRC will obtain that settlement offer in writing from the creditor and advise you on how to disburse your saved settlement funds accordingly.
Debt Relief Center, Inc. does not assume or pay any consumer debt, nor do we advise you to stop making monthly payments to your creditors. If you stop making monthly payments to your creditors, late fees and interest will continue to accrue. Collection activities may continue including lawsuits that may be filed against you.
Who Qualifies?
To find out if our debt settlement program is right for you, please call us at 866-682-3724. Your unsecured debt must be over $7,500 in order to participate in our Debt Relief Center program. Our company can work with the following types of unsecured debt:
- Credit Cards
- Collections
- Unsecured Loans
- Medical Bills
- Unsecured Personal Loans
- Retail Store Cards
- Unsecured Lines of Credit
Debt Relief Center cannot help if you have the following types of debt:
- Secured Debts
- Student Loans
- Mortgages
- Utility Bills
- Auto loans
- IRS Debt / Taxes
- Lawsuits