...many nationally-recognized banks have agreed to settle the debts of borrowers for just a fraction of what they owe.
New York, NY (PRWEB) February 26, 2013
National Debt Relief is pleased to announce the publication of a new batch of "debt settlement letters" from its client files. These letters detail the agreements that the company has helped its clients reach with various banks, credit card companies and other lenders.
In order to protect the privacy of National Debt Relief's current and former customers, these letters do not contain any compromising or personally-identifying information. However, they do contain the names of the major credit card banks with which National Debt Relief's clients have settled as well as the settlement amounts and payment schedules that National Debt Relief has orchestrated.
At National Debt Relief's behest, many nationally-recognized banks have agreed to settle the debts of borrowers for just a fraction of what they owe. In some cases, National Debt Relief's hard-nosed negotiating tactics have resulted in settlements that significantly reduce its clients' debts and place them on a clear path to financial freedom.
National Debt Relief's proven program of debt negotiation is responsible for these settlements. When the company takes on a new client, it immediately springs into action to provide several different forms of help.
For starters, National Debt Relief never makes promises that it cannot keep. Since each debt settlement case is different, the results that the company is able to achieve are dependent upon the particulars of each case that it accepts as well as the tone and structure of the negotiations in which it engages.
While their clients prepare for their eventual settlement, these debt settlement specialists negotiate debt reductions with each of their creditors. Unlike some other providers of debt relief, National Debt Relief negotiates actual balance reductions to its clients' debts. These tend to be far deeper and more effective than mere interest-rate reductions like credit counseling programs.
National Debt Relief is authorized to conduct such negotiations on any type of unsecured debt, including credit card bills, medical bills, judgments and business debts. The majority of the company's clients struggle with some form of credit card debt.
Once all of a given client's creditors have agreed to settlements, they present National Debt Relief with letters similar to the ones featured on the company's website. In most cases, these settlements involve several installment payments and a large final payment that resolves the debt for good.
This process generally takes 24 to 48 months. Although the results featured in National Debt Relief's sample letters may not be typical, it should be clear that the company is capable of negotiating substantial balance reductions.
It is important to note that individuals who owe money to collections agencies may also retain National Debt Relief to help settle their debts. Collections debts are governed by the same laws and regulations as regular unsecured debts. In many cases, collections agencies are willing to accept a significant discount to their targets' original balances.
These debt relief letters can be found online at http://www.nationaldebtrelief.com/debt-settlement-letters/. For more information about National Debt Relief's targeted program of debt relief, call 1-888-703-4948 during extended business hours.