Debt Advice Blog
Debt Validation and Elimination Services vs. Debt Settlement vs. Consolidation
What is the difference between debt validation and elimination, debt settlement, and consolidation? The differences between the three services mentioned are many. Debt validation and elimination strives to dismiss the debt in its entirety by challenging the standing of the debt and its accuracy. Also, the consumer protection attorneys will evaluate and identify any and all consumer protection violations that you may have fallen victim to. Debt settlement aims to settle the debt by negotiating repayment terms of a large portion of the original balance of the debt while attempting to make it somewhat affordable for consumers. Debt consolidation attempts to refinance all of your separate debts into one loan (usually at a high interest rate) in attempt to make this large burden affordable. As you can see a more favorable/financially beneficial option for consumers would be debt validation and elimination, the attorneys Resolvly can refer you to specialize in this and are ready to help you. When people get deep into debt, they often feel like they need to take desperate measures. In their search for debt relief, they sometimes turn to companies that promise debt settlement or consolidation, while debt elimination, in most cases, proves to be a more financially beneficial option.
Get Out of Debt
Many people and families struggle to pay their bills every month. No matter what they try they never seem to have enough money to get ahead and get out of debt. Resolvly offers a 100% FREE Consultation service designed to get you referred to an attorney that primary goal is to eliminate/resolve your debt… Read More
Are you like the millions of Americans struggling with debt and high interest rates? Falling behind financially and living paycheck to paycheck is fast becoming a common occurrence. It’s no wonder why people just like yourself are turning to debt relief companies to help get them back on track. Read More