What kinds of debts can i include in the debt settlement program?
A. The negotiation strategy described above works well for a variety of debts, but the winner is credit card debt. The steepest discounts and greatest success can be obtained with credit card accounts. Department store charge cards, financing contracts, and miscellaneous bills can also be negotiated, but with less predictable results. Medical bills are often negotiable, depending on the background of the case, usually with good results. Student loans cannot be negotiated (since these are Federal loans, Uncle Sam can dip his hands into your tax refund to collect the balance). Auto loans can be refinanced, but generally not reduced. If your automobile has been repossessed and you have a deficiency balance, that balance can be negotiated. Mortgages can be rescued from foreclosure with a variety of techniques, but of course you’ll still be on the hook for full value. Basically, you can negotiate any UNSECURED DEBT using our program.
