Our Debt Reduction Solution
Consider your future and the impact debt has on it. Your finances affect so many other aspects of your life--your relationships, your opportunities, even your general well-being. At New Leaf Debt we view debt as a virus that, once in your system, grows on its own until it becomes stifling. Our debt reduction remedy systematically eliminates your debts one by one for far less than you currently owe. There's no trick to it, it's called debt settlement. It's legal, achievable, and it can change your financial future for the better. Let us set the stage for you to grow your finances green again.
Our program assists people who have over $10,000 in unsecured debt, meaning debt that is not attached or collateralized by a home, a car, a bank account, etc. Our program is a fast and inexpensive way to address overburdening debt. To compare the cost of our program to other debt reduction solutions, visit Weigh Your Debt Settlement Options.
What is debt settlement?
Debt settlement or sometimes called debt negotiation is a negotiation process that takes place over time with your creditors one by one. The length of time it takes primarily depends upon the size of your monthly payment into your debt settlement or reduction account. During the process our debt negotiators determine the best strategy for your situation and then negotiate with your creditors until they agree to settle your debts for significantly less than the outstanding balance. At the end of the program your debts will have been fully resolved and your creditors will report them as "settled" with a zero balance.
Why would a creditor take less than their due?
Because the credit and lending industries focus on two numbers--risk and return. They know that a certain percentage of their clients will go bankrupt or will never pay, and they make up for that in the interest rates they charge. They also recognize that collecting a lesser amount of money is better than nothing, and collecting it in a lump sum is better than risking collecting it over time if the client appears to be having problems. Loss is part of their business and by entering a debt reduction program, they recognize you are trying to avoid the worst of all implications, bankruptcy. When a client files for bankruptcy, the creditor usually receives nothing.
Our team
New Leaf Debt Reduction negotiators are experts in lender and collectors' bottomline motives, their cycles, their internal considerations, policies, practices and their consumer collection tactics. We are also specialists in federal and state laws and fully utilize this knowledge to protect and negotiate for each client.
