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How it Works

7 Easy steps to Debt Relief

Looking for debt relief? Houston Debt Consolidation Fresh Start Program can be a very effective means to resolving your debt once and for all. Here is a step-by-step overview of the program below.

Step 1: Call or fill out our online request form for a free consultation. We will assess your financial situation; consult with you to evaluate your situation to design a customized tailored program that fits your needs and will yield you an affordable payment plan to fit your budget.

Step 2: We will work with you to determine the appropriate monthly dollar amount that you plan to save towards negotiating your enrolled debt. This monthly amount can be significantly less than your current minimum payments, and goes toward resolving your debt (not simply paying credit card interest charges like you have been doing). These monthly funds will be saved every month in a new account that you set up and control. The only fees we collect are those associated with debts we actually resolve for you. Once you get a comfortable monthly program payment established that meets your budget, you will get an estimate of your savings potential and program length. Most programs average between 24-39 months, although individual results may vary from case to case.

Step 3: Once you enroll in our Fresh Start Program, we become your credit advocate, working solely on your behalf. You will receive a welcome package in the mail that will contain frequently asked questions and answers regarding what to expect while in our program. You will be advised to avoid using credit while in our program so that we can work to resolve your debt quickly.

Step 4: After funds have accrued sufficiently, we will then contact your creditors to negotiate settlements your enrolled debts.  During the settlement and resolution phase of your program, we stay in contact with you to keep you apprised of your debt relief situation. You will have the opportunity to approve each and every settlement before we finalize the settlement.  Please note: Actual time to reach settlements vary by program and by debt amount owed per account. It may take several months of savings before we are in a position to complete a successful settlement.

Step 5: Once a settlement is successfully negotiated with a creditor, you will be asked to authorize the settlement. Once the settlement is finalized we will obtain the final zero balance statement from the creditor and forward it to you for your records.

Step 6: After the debt is negotiated and a payment is made towards that settlement, you pay only the fee associated with that individual debt. We only earn our fees AFTER you get settlement results.

Step 7: After the full settlement amount is paid, your creditors may report to the credit rating bureaus that your accounts are “settled in full,” “settled,” “paid,” “paid by settlement”, or “settled for less than the full amount.” Either way, you no longer owe on this account and the balance is zero. Congratulations, you have now resolved a debt, and Houston Debt Consolidation will continue working hard on your other enrolled debts until they are all settled and paid off for less than the amount owed.  At this point in time you will officially graduate from our Debt Relief Program.

Debt resolution may be the right option for you. Call today at (888) 340-4045 for your FREE assessment.

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