Debt Settlement

Written on August 28, 2007 – 11:22 am | by

Franklin Debt Relief LLC is a debt settlement company that provides relief for consumers with unsecured debts. Debt settlement is a favorable bankruptcy alternative for consumers who are considering this route as a debt relief option. Their clients are represented by industry professionals who negotiate credit card debt to settle their accounts for 40-60% of their total debt amount. Clients are set up on a monthly payment plan for roughly two to three years that is significantly lower than their current minimum payments. Once the funds have accumulated, credit cards are paid off with a lump sum payment. Once each account is settled, their clients graduate from the program and are able to re-establish their desired financial status. Debt settlement is an innovative debt consolidationsolution.