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| What is Debt Settlement - Step 4 |
![]() Steps to settling your debt:
Step 1 > Step 2 > Step 3 > Step 4
Step Four: Our process in settling your debt with your creditorsWorking with creditors can be a timely process of negotiations between the creditor and our company who represents you. Our program is structured for you, and is set up so that when you have a reasonable amount of funds to negotiate with a creditor our debt negotiators will begin the process of getting you the best percentage on your total debt. Creditors know that approximately 30% of the almost 2 million bankruptcies occurred on debt that was current. Creditors do want to settle, it is just using the right negotiating strategies to accomplish the best result.A copy of a debt settlement offer letter is sent to you for your approval. After a settlement is agreed by you and the creditor your debt settlement account will then provide the funds for the settlement until the final payment is made. Remember, Compass Debt Settlementâ„¢ is working for you and not your creditor. In most cases the average creditors will settle for $.40 to $.60 for every dollar owed. You are able to pay off your total debt in a short amount of time by letting us negotiate your debt for you. Call US Now! Let us be the First and Last Step in getting you out of debt. |




