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What is Debt Settlement Program?
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What is Debt Settlement Program?

Debt Settlement is a very aggressive method consumers may take when delinquent on their payments but trying to get out of debt. FH Financial helps you with debt settlement by negotiating with your creditors to settle your debt for an average settlement of 40% of the current balance. By utilizing FH Financial Service, consumers are able to eliminate up to 60% of their debt with our Debt Settlement plan.

For example:  If you owe $10,000 on a credit card, our Attorney negotiators can typically settle the debt for $4,000 + the debt settlement fee of 15%; a savings to you of $5500.


A Debt Settlement plan will also consolidate your payments into one low monthly payment that can have you debt free in about 36 months.  Here is why:  If you are behind, your creditors have added hundred if not thousands of dollars in fees on top of increasing your interest rates.  If you were not able to maintain the original agreement and payment plan how do they think you can pay your debt off with the increase penalities.

There are potential downsides to a debt settlement plan and those should be discussed with a Debt specialist.  A Debt Specialist can first assess your situation and then explain any potential problems based on your unique situation.  Debt Settlement is not for everone so you need to speak with a Debt Specialist to find out if it is right for you. For a free confidential consultation Call 1-866-430-3437 Now

These are the type of bills/debts you can enroll into a debt settlement plan:

  • Medical Bills
  • Credit Card debt
  • Collections Accounts
  • Personal Loans
  • Charge Off Accounts
  • Repossessions
  • Any Unsecured debts

These statements are an example of past performance and is not intended to be a guarantee of any future settlement results.

 

Let a Debt Specialist at FH Financial explain why this is one of the most popular debt consolidation programs available to help you. Call 1-866-430-3437 or complete the form below.

Back to FAQs

When you consolidate your debt, you will:

  • Lower your monthly payment
  • Save 40-60%
  • Payoff in 36 months

Debts that qualify:

  • Credit Cards
  • Collection Agency Accounts
  • Personal Loans
  • Medical Bills
  • Unsecured Debt

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"My husband and I wanted to thank you and FH Financial Services for all your help in assisting us with our accumulated debts. It is a wonderful feeling to know we can tr...(Read More)"


 
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