Debt Relief Program
UmbrellaDEBT Relief Program
This type of Program may offer you some of these benefits:
- Creditors may reduce your Debt balances*
- Negotiated by an experienced Debt Negotiator*
- Alternative to Bankruptcy*
- Program can be completed in 12-48 months*
- Become Financially Independent and live a healthier financial lifestyle*
All programs are unique and benefits vary.
With this program, Creditors may reduce your Total Debt balances. Find out how much you can save!*
Our office staff and Debt Negotiation teams, have many decades of combined years of experience with all types of Debt Relief programs. We may be able to offer Debt Negotiation and Debt Settlement Programs to assist you in getting out of Debt and getting you financial life under control. Umbrella Debt can help review your financial situation and help explain what Debt Relief options you may have available to you.
UmbrellaDEBT offers Consumer Debt Relief for many types of unsecured Debts. We may be able to have a Debt Relief program called Debt Settlement or Debt Negotiation to you payoff your Debt. Consumers typically have many different type of Debt Relief options that are available to them depending on the type of debts, how much the debts are for, the consumers specific financial hardship, and the applicable laws in the state the consumers lives in. Currently this type of Debt Relief program is offered in many states and is administered by a for profit company. UmbrellaDEBT will review the client’s specific financial situation, explain to them the many different Debt Relief options they have available to them, then if the client chooses to get help with us, we will then assist with a Debt Relief program. Debt settlement is a proven way of reducing unsecured debts (primarily credit cards) and providing Consumer Debt Relief of unpayable bills due to a legitimate financial hardship. This is usually an alternative to filing Bankruptcy for many consumers. Debt negotiators will negotiate with your creditors on your behalf, to try and reduce your overall debt in a structured debt settlement arrangement.
Debt Settlement involves negotiating with a creditor or creditors to pay off a percentage of a specific unsecured Debt balance at an agreed upon settlement amount to satisfy the debt completely for less than the full balance. In order to fully understand and appreciate the process that takes place between Debt Settlement companies and credit collection agencies, consider the following: Creditors know that roughly 1/3 of bankruptcies that occur yearly were on debts that were reasonably current. Traditionally, people survive by borrowing from one creditor to pay another. However, this process eventually fails when consumers run out of available credit lines and find themselves unable to make their minimum monthly payments.
This program is not bankruptcy and is a Debt Relief program alternative to bankruptcy, for information regarding bankruptcy, please consult a bankruptcy attorney. *
If a consumer files for bankruptcy, many times the creditor will receive little to nothing of the total balance that is owed to them. Therefore, in many scenarios a creditor is willing to negotiate a debt settlement arrangement as a mutually agreeable alternative. We work with consumers to educate them on the many different Debt Relief options when they have legitimate financial problems, and who may honestly need some outside assistance to help solve their financial issues.