Debt Reduction is the fastest and most cost effective option to get out of debt without filing bankruptcy. Also known as debt negotiation, debt reduction is an ambitious approach to debt reduction for debtors experiencing the strains of too much debt and has considered bankruptcy as an option.
Step 1 Experienced specialists help determine which of the debts qualifies for this unique program.
Step 2 Client tells the company how much he can afford to put into an account that will eventually be used to negotiate settlements with creditors. Typically, this amount will be saved for 12-36 months.
Step 3 As the account reaches specific amounts, Key Debt contacts creditors to negotiate settlements, saving as much as 40-60% of the debt at the time of settlement.