If you are struggling with a heavy load of debt and are feeling overwhelmed, debt settlement might be the right solution for you. Debt settlement with ClearOne Advantage not only can save you a considerable amount of money, but it is the only debt relief option besides bankruptcy that can actually reduce the amount of your principal debt.
According to the American Fair Credit Council's 2019 National Economic Impact Study of the Debt Settlement Industry, in 2018, the average settlement amount was approximately 55 percent of the debt held by the debtor at enrollment. Even after deducting fees paid to debt settlement companies, the average client saved approximately 37 percent.
At ClearOne Advantage our goal is to negotiate the best deal possible for you with each of your creditors. To get a better understanding of how much you could possibly save you should get a free debt analysis and savings estimate specific to your situation from one of our Certified Debt Specialists.
It all starts with a simple phone call that only takes about 20 minutes. A ClearOne Advantage Certified Debt Specialist will ask a few simple questions to review your financial situation and find creditors who may be willing to agree to settle your debt for less than you currently owe.
When you have agreed to the plan your Certified Debt Specialist presents to you, you stop making payments to the creditors identified in the plan and start making deposits to an escrow account ClearOne sets up for you instead. ClearOne does the rest of the heavy lifting, negotiating with your creditors on your behalf. You owe no upfront fees. ClearOne will collect fees when your debts are actually settled.
The most important advantage of debt settlement is that it can save you money and get you out of debt in a reasonable timeframe.
1IRS Topic No. 431 Canceled Debt – Is It Taxable or Not?
A ClearOne Advantage Certified Debt Specialist can help you to determine if debt settlement is the right option for you, as well as help you put together a customized solution to fit your financial situation. Defeat your debt the smart way. Find out how today.
I wish to thank you for all of your agency support and encouragement. The last two months have been very stressful due to the accounts going legal. It has been also very rewarding to get through this process and have a good grip on our future and we have started this planning and example for our children.