At Direct Debt Settlement, we work hard on behalf of those suffering from staggering debt and financial hardships. We work directly, and 100% for you—not for creditors. Through our concerted effort, and yours too, we put you on the road to financial recovery.

Although you need to call us for more information, the outline of our process is as follows: You will discuss your financial hardship situation with a Sales & Debt Consultant, who will explain our program to you; you will receive documentation concerning our program; if you choose, you will fill out paperwork and join our Debt Settlement Program; you will put aside money on a monthly basis into your own settlement account instead of paying creditors; you will accumulate funds in this account; when you have saved enough funds, we will begin negotiating with your creditors to accept less than the total amount of debt you owe them.

There is incentive for creditors to settle. First, creditors can avoid the efforts of using an outside collection company. Second, payment of a percentage is better for a creditor than no payment at all. Third, we are not just settling your debt with each creditor, but are likely settling other people’s debt with the same creditor.

Debt settlement can be a legitimate way of solving your financial problems without the need for bankruptcy. But there are risks and consequences, and you must understand these risks and consequences before you start the Program. Also, you must be suffering from a financial hardship to qualify for our Program. Our representatives work each case individually to determine your eligibility. Our approach, should you choose to take it, can save you money in the long run by reducing the time to repay the debt and by lowering the total amount you owe.

Please note that we at Direct Debt Settlement take a fee for our services. The fee structure will be explained to you when you call and during the enrollment process.

You must also understand that if you stop paying your creditors on a monthly basis, creditors may put up a fight. For example, they may argue that they will not settle; they may continue to contact you to threaten you to restart your monthly payments (that is how they make money; they want to keep you in the monthly payment plan for decades; the longer it takes you to pay off the debt, the more money they make); they may charge you default fees; they may charge you late penalties; they may raise your interest rates; they may sue you; and interest may continue to be charged on your account. However, we work to settle debt as efficiently as possible, so our clients often end up paying less than they owed, all fees and interest included.