When considering the best debt relief I can get, a frequent question asked is how much I will save?
I found most debt relief companies simply can’t a question like this as they may have insufficient long term experience, or their record of success is not consistent enough.
When searching for the best debt relief company in the USA, Puerto Rico or Canada do ask your choice this question how much could I expect to save as the reply you get will be a good indication of their experience and success in negotiating debt relief for their clients.
To get a reasonably accurate indication of what you may save you will need to give the company some information, like what the total amount of your unsecured debts are, your income and other details the Counselor may need.
You should now get an estimate of much you could expect save, and compare this to how much you would be paying if you just keep paying the minimum monthly amount and do nothing about arranging to have your debts negotiated and settled in a timely fashion.
In addition to this you should expect the counselor to discuss with you the different debt settlement plans they have, and be given advice on which would be best for you.
In my previous articles I frequently stress the fact to get the best debt relief possible it is important the company you choose is able to give you an unbiased evaluation like this, and only companies who are well experienced and very successful in negotiating debt with creditors are equipped to get the best results so you get out of debt quickly as possible.
It is also essential their fees are commission based because this way you pay on results, rather than costs, and this really is the fairest way for both parties.
I say this as when investigating debt relief companies looking for the best I found companies who had let many of their clients down, some very badly drp to the stage of forcing them into bankruptcy.
When searching for debt relief company do consider the following:
A company with an excellent track record will have gained the trust and respect of creditors they frequently deal with and this is a vital factor in getting the best debt relief they can for their clients.
Generally the company will require your unsecured debts to total $10,000 or more, so exclude mortgages and car loans as these will be secured loans.
Unsecured loans are mostly credit card debt, and other types of unsecured debt.
The company should be a member in good standing with the BBB, and be a member of other recognised debt relief organisations.
They should also be able to give you reference to a considerable number of independently verified testimonials from clients.
A guarantee of satisfaction really needs to be part of the agreement and my advice is have this in writing.
Choose the company to act for you very wisely as you are in fact trusting them to get you the best debt relief deal, and the result could have a major positive or negative influence on your future financial status.