Debt Settlement
Construction Management · Michigan, United States · 1-10 Employees
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Overview
Headquarters
321 28th St SE, Grand Rapids, Michigan, ...Phone Number
(877) 482-4770Revenue
<$5 MillionIndustry
ZI Rank: 1
Signal Type
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ZI Rank
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About Debt Settlement
Debt settlement involves negotiating with a creditor to eliminate a percentage of your debt at an agreed upon settlement amount. Debt settlement companies traditionally employ various negotiation strategies to help settle your debts and typically eliminate between 30-60% of your original balances. Our firm currently averages 60% off the current debt amount. The most important part of debt settlement is to complete the settlement process with your creditors and or collection agencies. During the settlement process, you will make a monthly deposit into a "settlement account" that will eventually be used for your debt repayment. As funds begin to accumulate in the account, the debt settlement company will start to negotiate with your creditors. Once a debt settlement offer has been agreed upon, you will need to send that amount, directly from your "settlement account", to the creditor. Once the payment has been made, that debt is considered settled in full. You will no longer owe anythingRead more
Popular SearchesDebt SettlementDebt Settlement CoDebt Settlement of America LLCdebtsettlementofamerica.comSIC Code 15,153NAICS Code 23,236Show more
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Debt Settlement is experiencing very low activity levels compared to other companies in the Construction sector.
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Frequently Asked Questions Regarding Debt Settlement
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Debt settlement involves negotiating with a creditor to eliminate a percentage of your debt at an agreed upon settlement amount. Debt settlement companies traditionally employ various negotiation strategies to help settle your debts and typically eliminate between 30-60% of your original balances. Our firm currently averages 60% off the current deb... Read More
