Debt settlements have recently seen a significant increase in volume over the past 6 months and you can't even turn on your T.
V or radio without hearing an advertisement for debt settlements.
With so many debt relief services to choose from how are you supposed to know here to turn for the best professional debt advice? Well there is a proven way to locate the top debt settlement companies on the market.
This article will teach consumers and small businesses how to search for the best professional debt advice on the market by comparing and qualifying companies.
If you are over $10,000 in unsecured debt you will qualify for the services of a debt settlement company.
A decent debt settlement company will be able to eliminate 60% of your unsecured debt on average and the top performing companies will be able to negotiate a settlement in the 70-90% range.
These averages used to be closer to 30-40% just a year ago however the deep recession along with unprecedented financial intervention from the government has created a very favorable market for debt settlements.
The first question you want to ask a debt settlement company is whether or not they are a member of The Association of Settlement Companies.
TASC only accepts debt companies into their accredited organization that have a proven record of successfully negotiating debt settlements in an ethical manner.
Not all companies will be a part of this organization however you will find the best professional debt advice from a company in TASC.