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CuraDebt Urges Debtors To Act Quickly, Solve Debt Through Debt Settlement
According to the article posted on CuraDebt's website, getting informed on how to solve your debt problem is the first step. The next step is to take action. Unfortunately, there are some people who, because of fear, do not take action. By not taking action, one's debt is expected to increase exponentially over time due to the high-interest rate of credit card and other unsecured debts. The article states, "You have some good information on ways to solve your debt problems now. What happens next is your choice."
CuraDebt Explains Debt Settlement Process.
CuraDebt reveals that debt settlement is a debt relief program designed to help a debtor save as much money as possible, and pay off your debt as quickly as possible based on your financial situation.
The process begins with a no-obligation confidential consultation with an experienced debt counselor from a reputable debt relief organization. The consultation involves a thorough debt analysis to see if debt settlement fits your unique financial situation and a savings estimate.
If the debtor is eligible for the program, the company will set up a monthly payment plan to be deposited into a special purpose account. As money accumulates, the company works on identifying and pursuing violations committed by creditors or collectors. If won, this could result in a cash award for the client and possible dismissal of debt.
This process is repeated until all the debts of the client have been resolved, and only then will fees be paid to the debt relief company.
CuraDebt implores all debtors to be proactive and take action to resolve their debt problem. The article warns that there are serious and expensive repercussions in doing nothing about your debt. If still doubtful on the entire debt settlement process, avail of a free consultation with a highly-trained counselor from a reputable debt relief organization.