tag:blogger.com,1999:blog-1677923494964375712011-10-11T07:19:07.243-07:00enric-prologixhttp://www.blogger.com/profile/08812207056628464802noreply@blogger.comBlogger11100tag:blogger.com,1999:blog-167792349496437571.post-27159600654681548492009-04-27T23:40:00.000-07:002009-05-04T20:51:50.206-07:00<p style="text-align: justify;font-family:arial;"><span style="font-size:100%;">Debt settlement is a plan to renegotiate the amount of unsecured debt you owe so that the amount paid is less than that owed, yet is accepted as full payment of the debt.</span></p><span style=";font-family:arial new;font-size:100%;" ><span style="font-family:arial;">It is a process of negotiating payoff amounts with your creditors. In exchange for an agreed-upon one-time payment -- for instance, half of what you owe or 50% of the principal balance -- the creditor forgives the rest of your debt.</span><br /></span><p style="text-align: justify;font-family:arial;"><span style="font-size:100%;">Only unsecured debts are the ones that can be considered in debt settlement. These unsecured debts are:<br /></span></p><ul style="font-family:arial;"><span style="font-size:100%;"></span><li><span style="font-size:100%;">Unsecured Credit Cards</span></li><span style="font-size:100%;"><br /></span><li><span style="font-size:100%;">Unpaid Overdue Rent</span></li><span style="font-size:100%;"><br /></span><li><span style="font-size:100%;">Unsecured Personal Loans</span></li><span style="font-size:100%;"><br /></span><li><span style="font-size:100%;">Past Due Utility Bills</span></li><span style="font-size:100%;"><br /></span><li><span style="font-size:100%;">Unpaid Medical/Hospital Bills</span></li><span style="font-size:100%;"><br /></span><li><span style="font-size:100%;">Auto (repos)</span></li><span style="font-size:100%;"><br /></span><li><span style="font-size:100%;">Gas/Oil Cards</span></li><span style="font-size:100%;"><br /></span><li><span style="font-size:100%;">Department Store Credit Cards</span></li><span style="font-size:100%;"><br /></span></ul><span style=";font-family:arial;font-size:100%;" ><a href="http://www.americanlegalnetworkonline.com/contact-us/">Learn more about Debt Settlement</a> at <a href="http://www.americanlegalnetworkonline.com/">American Legal Network Online.</a></span><div class="blogger-post-footer"><img width='1' height='1' src='https://blogger.googleusercontent.com/tracker/167792349496437571-2715960065468154849?l=americanlegalnetwork-debtsettlement.blogspot.com' alt='' /></div>enric-prologixhttp://www.blogger.com/profile/08812207056628464802noreply@blogger.com5