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Compared With Consumer Credit Counseling Programs

Other people may consider a debt management plan provided (another name for the debt consolidation plan mentioned previously) by a consumer credit counseling company. These programs are sponsored by creditors and are designed to make you repay all your debt plus interest. In fact, you will pay a greater amount than your original debt, while your credit report may indicate that you have been repaying your debt through a third party. Some lenders may look at this as equivalent to a chapter 13 payment plan bankruptcy. Ultimately, for people who are not making any or very little headway and especially anyone with any type of hardship, debt settlement and debt negotiation are programs to seriously be considered.
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Compared To Debt Consolidation

There are two types of debt consolidation. One type of debt consolidation is a debt consolidation plan that you would get through a credit counseling agency, which normally helps bring interest rates from the 20% range to about 8-10% on average. In comparison, debt settlement is a program where the amount paid back is the lowest negotiated amounts off the balances, so it is designed to save you much more money than just adjusting interest rates. The second type of debt consolidation is a loan, either secured or unsecured, where your debts are combined. In this, you are paying a new loan, often with the loan origination fees incorporated as well as interest. In the case of a loan where the collateral for the loan was property or something you own, the risk is that the item can be repossessed if the loan isn’t made on time. In comparison, by negotiating on your balances, debt negotiation is designed to save you as much money as possible without linking the debts to your property. With ...
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How The CuraDebt Debt Settlement Program Works

Debt settlement works by you placing an agreed-to amount into a special purpose account on a monthly basis. If you have a lump sum amount to get started or have access to a lump sum, it would accelerate the speed of the program. As money accumulates, CuraDebt starts working the FDCPA and TCPA violation process. What this means is that using the debt collection laws, the CuraDebt team does everything possible to identify violations on behalf of the creditors or collectors. Violations that are pursued and won have resulted in as high as 5-figure cash awards for the client as well as dismissal (100% reduction) of the debts. This element of the program is extremely important and all the internal processes are designed around making this happen. Keep in mind that no company can promise you will get your debts dismissed, but CuraDebt does everything possible at each step of the program to make it happen, and results have been phenomenal and getting better daily. For the remaining debts, t...
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Helping People Nationwide Since The Year 2000

CuraDebt has one of the most experienced teams in the industry. Starting in 1996, the founders of CuraDebt were helping individuals locally in California. In 2000 CuraDebt was formed to help individuals and small business owners nationwide. CuraDebt is licensed and bonded in numerous states with a physical office in Hollywood, Florida. If you are in the area, call ahead of time and schedule a face-to-face counseling session. Experience is extremely important because it means you get better results, a smoother process, and that the company is going to be around for the life of your program and beyond
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What Is Debt Settlement?

Debt settlement (also known as a debt settlement program, debt negotiation, arbitration, or debt forgiveness) is a program that is designed to help you save as much money as possible, as quickly as possible, based on your unique financial situation. CuraDebt has an in-house performance based debt settlement program. This means that if you qualify for this program, you will only pay fees to CuraDebt as each one of your accounts is resolved and you ACCEPT the resolution. The program also has integrated creditor defense to maximize the capture of creditor violations which could result in better settlements and/or cash rewards for clients. There are many factors that come into play in the debt negotiation process in order to get you the best possible reductions. These factors include the age of debt, type of debt, your income, the state you live in, your age, and many other factors.
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