Debt full and final settlements

If you are in a position where you have access to a lump sum of money that will pay off part of your debt, we can offer this as full and final settlement.  This means the creditor agrees to write off the remainder of the debt.

As an alternitive we have been able to negociate a full and final settlement that is then paid of a number of months normally no longer than six months.

The good news is that you clear your debts in full but only pay an agreed amount of the debt back, and it allows you to make a fresh start.

Dependant on your individual circumstances and amount of debt you have will be the amount your creditors accept.  We would expect to get your debt reduced by at least 50% and in some circumstances more.

It will effect your credit file and your ability to get credit in the future.  However as you have dealt with your debt situation lenders may look at this favourably.

The money used to pay your debts doesnt have to come from you and in virtually all cases where we have helped customers to date it hasn’t.  The most common source of funds is from family and friends.

Credit Hero has vast experience negociated with banks and credit companies and has acheived some outstanding results.

If you require more information on debt full and final settlements please complete the form below or call free on 0800 612 4136.

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