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AR Akermon Rossenfeld Co: How Debt Settlement Work?
Manage episode 417068754 series 3552934
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AR Akermon Rossenfeld Co provides an in-depth overview of debt settlement, explaining how it works and when it might be appropriate. They stress the importance of evaluating your financial circumstances before entering negotiations with creditors. Debt settlement entails proposing a reduced payment to creditors, documenting the agreement in writing, and fulfilling the agreed-upon payment plan.
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