Wikipedia defines Debt Settlement as "an approach to debt reduction in which the debtor and creditor agree on a reduced balance that will be regarded as payment in full."

• Consumer debt in the United States is currently at an all time high with estimates of approximately $1,000,000,000 in unsecured consumer credit card debt in the United States…and this year it is estimated that major creditors will be ‘charging-off’ as much as 10% of that debt!
• The unemployment rate in the United States has been climbing for months, and is currently at one of the highest levels we have seen in 30 years.
• Home foreclosures in parts of the United States have sky-rocketed, wages are decreasing and gas prices are rising again.

In light of these recent economic conditions there has been an increasing demand for Debt Relief programs, in particular Debt Settlement, throughout the country.

An alternative to other debt relief programs, such as bankruptcy, debt consolidation, or credit counseling, Freedom Debt Relief’s "Debt Settlement Program" represents a uniquely aggressive and customer-centered approach to debt relief. Focused on minimizing harassment from collectors, Freedom Debt Relief works aggressively to negotiate a settlement between its customers and their creditors. Once an amicable arrangement has been reached, customers are notified and in many cases, a customer’s debt is settled for less than their current balance*, amounting to thousands of dollars in savings. With less to pay, a typical Freedom Debt Relief client can resolve their debt in as little as 24-48 months through an affordable monthly payment.*

If you are interested in entering the marketplace of Consumer Debt Settlement, FDR can provide you with the support, training, guidance, dedication and back-office processing you will need to develop, and grow a prosperous debt settlement business.

*Clients who make all their monthly program payments pay approximately 50% of their enrolled balance before fees, or 68% to 75% including fees, over 24 to 48 months. Not all clients are able to complete our program for various reasons, including their ability to save sufficient funds. Our estimates are based on prior results, which will vary depending on your specific circumstances. We do not guarantee that your debts will be resolved for a specific amount or percentage or within a specific period of time. We do not assume your debts, make monthly payments to creditors or provide tax, bankruptcy, accounting or legal advice or credit repair services. Our service is not available in all states and our fees may vary from state to state. Please contact a tax professional to discuss potential tax consequences of less than full balance debt resolution. Read and understand all program materials prior to enrollment, including, for example, potential adverse impact on credit rating.