Obama's Economy

Unique Debt Settlement company that reimburses retainers fee

Debt settlement, also known as debt arbitration or debt negotiation, is the art of debt reduction in which the debtor or creditor agree to reduced an outstanding balance. 

Debt settlement occurs when we “settle” your debts with your creditors. This option is available to those members experiencing financial problems or who have fallen very far behind on their payments.

We guarantee, in writing, to settle your debts to 55% or lower. We also provide a minimum “refundable retainer’s fee”.  This unique feature provides the ease for members to obtain the collected retainer’s fee back.  We are proud to inform you that we are the ONLY company, in the nation, that will provide your money back.

Eight benefits of our debt settlement program

1. Drastically reduce the outstanding debt

Debt Settlement eliminates the outstanding debt saving thousands of dollars, so
that the debtor may only have to pay a portion of the original debt. It provides the
opportunity to pay off creditors quickly and efficiently. Creditors will likely settle
because they would rather obtain some funds paid than have the debtor declare
bankruptcy.

2. Reduces Interest Rates Charges or extra charges

Every time a debtor misses a payment, or is late, creditors can raise the original
interest rates and charge outrageous fees. If the debtor has a balance, then the
interest and fees can drastically increase. Debt settlement eliminates the interest
and reduces the amount owed by approximately 50%

3. Legal action avoidance

Creditors can file a lawsuit to a debtor if the debt is not paid.  Some of the legal
actions can be wage garnish, judgment, levies or properties liens.  However,
making arrangements with creditors and committing to repayment plan will avoid
most legal actions against a debtor.

4. Bankruptcy Avoidance

Bankruptcy not only ruins your credit for up to ten years, it can also affect the
company’s decision to hire you. Hiring companies look at the applicant’s credit to
assure they are hiring someone trustworthy, especially if the work relates to
dealing with money or anything sensitive. Bad credit, as a result of
bankruptcy, could also prevent you from being able to rent an apartment, obtain a
mortgage, or get a loan for a car.

5. Conveniently be debt free in a shorter time

When a debt is settled, the debtor shortens the time to be debt free, versus
paying the debt as schedule.

Example: If the debt is $2,000 and the debtor can afford $250 monthly.  If the debt
is settled and the settlement amount was for $1,000, then the debtor can pay $250
for the next four months.  However, if the debt was not settled and the outstanding
balance is $2,000, it will take over eight payments to satisfy the outstanding debt,
plus interest.

6. Eliminate unfair collection practices

You can avoid unfair collection practices and harassment by debt collectors if
Fedsco represents you.

7. Convenient payments

Debt settlement is the only debt management plan that allows the debtor to  
determine how much the debtor want to pay each month and how quickly you can
pay it all off.  Debt consolidation and debt counseling both create set payments
and schedules that a member must abide by.

8. Lastly but most importantly – your cost

We are proud to mention that we are the only debt settlement company, in the
nation, that offers a “low refundable retainer’s fee”.  Every debt settlement
company charges anywhere between 15% – 20%.  We collect 7.5%, of which a
debtor can receive back.

About the Author

Fedsco is a unique debt settlement company that helps individuals, and corporation, to settle their outstanding unsecured debts. Fedsco guarantees to settle all debt down to 55% of the outstanding debt and collects a low REFUNDABLE retains fee of 7.5% of the total amount. Visit us at http://www.fedsco.com for further question or contact us 866-928-1977