by mannie castillo | Nov 5, 2017 | Frequently Asked Questions
A debt management program differs from a debt resolution program by a few ways. The debt amount owed is not reduced with the debt management program but with a simple interest rate reduction program. You will combine all your debts and make one payment each month....
by mannie castillo | Nov 5, 2017 | Frequently Asked Questions
A secured debt is a debt in which the creditor maintains a security interest in an item or piece of personal property such as a house, automobile, boats, etc. With secured debts, if you fall behind on payments, the lender can repossess the property that originally...
by mannie castillo | Nov 1, 2017 | Frequently Asked Questions
With a debt resolution program your debts will be combined with one monthly program payment but your debts are negotiated for less than what you owe. The average settlement ranges between 40-60% debt reduction on completed settlements. In most cases, you may complete...
