Is there a legal secret to settling credit card debt?
There is no SECRET, despite debt settlement firms’ claims, to legally settling credit card debt. A credit card account is a contract between two parties. That contract can be changed if there is agreement between the consumer and the credit card bank. In this context, the most important part of LEGAL is for the consumer to get the negotiated debt reduction and its terms in writing, according to the Credit Card Debt Survival Guide.
