Community Debt Service - Debt Settlement - Debt Free | Credit Card Debt


	DEBT SETTLEMENT Debt settlement is a cost-effecient, traditional solution to paying off your debts and relieving you of creditor and collector harassment. We understand the stress and anxiety associated with overwhelming debt amounts, and our goal is to reduce your debt so that you can begin living the lifestyle you've been dreaming about…living debt free! Through Community Debt Service, you can pay off your debt while actually saving money. This also includes unsecured credit card debt. You can negotiate with creditors to settle your debt for 60% to 70% of the original amount. You may also agree to make a lump sum amount, which could be 50% to 70 % of the original payment. A majority of debt settlement agreements involves making this lump payment all at once. The creditors will agree to consider your debt to be completely paid off on your credit report. In addition, there are plans that can stretch for three years or more. Instead of paying off your balances over a long period, you could become debt free in 24 to 36 months.