Settlement

Settlements & Foreclosures

At CDEF Debt, we understand that sometimes traditional repayment plans aren’t the answer. That’s why we offer a range of debt solutions, including settlements and foreclosures, to help you achieve financial freedom.

Debt Settlements

A Path to Debt Relief

A debt settlement is an agreement with your lender to pay back a portion of your debt, with the remaining balance forgiven. This can be a powerful tool to escape the burden of overwhelming debt.

Here’s how we can help:

Negotiate Favorable Settlements

Our experienced financial advisors and advocates work tirelessly to negotiate settlements that best suit your circumstances.

Settlement Options

We explore various settlement options, including one-time payments, terms with or without credit score impact, and moratorium periods to delay payments.

Stop the Debt Cycle

The sooner we reach a settlement, the sooner you stop accruing interest and collection fees. This also reduces creditor harassment and potential legal action.

Important Considerations

Settlement Success

While we strive for the best outcome, settlements depend on lender policies. We'll assess your situation and determine if settlement is a viable option.

Credit Score Impact

Debt settlements can impact your credit score. However, in many cases, we can negotiate settlements that minimize or avoid negative marks.

Transparent Fees

We don't charge upfront fees. You only pay us when we secure a successful settlement letter.

Protecting Your Interests

Our legal team meticulously reviews your settlement letter to ensure it aligns with the agreed-upon terms and protects you from future claims.

Foreclosure

A Last Resort

Foreclosure is the repossession of an asset used as collateral for a loan. While not ideal, it can be a solution in some cases. We can help you navigate the foreclosure process and understand your rights.

Time-Barred Debt

Our team can also determine if your debt has reached the time-barred stage, meaning legal action to collect is no longer possible.

Taking Control of Your Debt

Don't let debt control your life. CDEF Debt offers a comprehensive range of solutions to help you achieve financial freedom.

Contact us today for a free consultation! We’ll assess your situation and recommend the best path forward, whether it’s settlement, foreclosure, or another strategy.

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