While It may be possible to settle credit card debt if you are still current, majority of creditors will typically require nothing less than the full amount owed if your payments are up to date. Whether you are settling your debts yourself or working with a debt settlement company like Rebound From Debt, the most effective way to get creditors to negotiate is to show them that, for financial reasons, you cannot pay back your debts completely. Financial difficulties can occur in many ways. A good way to show this is by letting your payments go into default. Once your creditors understand that you are unable to pay in full, they are more likely to accept a reduced amount as settlement.

We’ve settled hundreds of thousands of accounts. With us, you have the #1 negotiating team working for you, and a dedicated Finance Manager watching over each step, helping you rebound from debt, so you can trust the process!