CRC'S Debt Negotiation Services

Debt Negotiation is when you make an agreement with a creditor to pay a lump sum amount for a bad debt that is less than the amount you actually owe. Debts can be negotiated for between 20-60% of the original debt, however, you must be able to make the lump sum payment at the time of negotiation. You are a candidate for Debt Negotiation if:

• You are still current on accounts, but are just about to go into default for a long period of time due to financial hardship (loss of job, medical crisis, divorce). It is true that most creditors make it very difficult to negotiate debts that are still open active accounts, but we have seen many successful negotiations done before the account is actually in default. This is especially doable if you are upside down in your mortgage payments.



• You are already delinquent on accounts by a few months and do not foresee being able to catch up any time soon.



• You have accounts that have already been charged-off or sent to collections.



• You are being threatened by lawsuit or judgment.

Debt negotiation is a strategic and a time-consuming process, and is easier to accomplish with limited emotional attachment involved. Collection agencies are ruthless, and will go to any extent to scare you into thinking that they will take away everything from you if you don't pay your debt in full today on their terms. This is not true, however at CRC we know how intimidating it can be.

If you are ready to pay down your charge-offs, collections and unpaid judgments, and you don't have the time, or energy to face down the collection agencies or creditors on your own, CRC can do it for you. Here are our fees for Debt Negotiation:

• File Set Up Fee: $295.00
  
• 10% of the amount saved on debts which have a total due over $10,000.
  
• 15% of the amount saved on debts which have a total due under $10,000.
• 2.5% of the total debt on debts that we have removed completely due to illegal reporting, etc. (The 2.5% is to cover the labor of battling with the creditor.)
  

If you are interested in Debt Negotiation Services, please contact CRC at (866)541-2500 so that a specialist can give you an estimate of how much it will cost you to negotiate down your existing past due debt. This service also requires a different CRC agreement.

Please feel free to send your questions to info@creditresourcecorp.com.

Brought to you by Credit Resource Corp.
(866) 541-2500
1048 Irvine Ave., #636, Newport Beach, CA  92660