Seeking A Debt Reduction Settlement

A Debt Reduction Settlement is a process used by Aegis and creditors to settle a debt for less than what was originally owed. When negotiated properly on behalf of the debtor, it can quickly and dramatically reduce the debtor's debt. Settlements typically range from 20% to 60% of the current debt, with the average overall savings being about 50%.

Debt Reduction Settlements are typically offered through either attorneys, or independent agencies like Aegis. Aegis was there at the beginning of the "debt settlement" industry, and our professional experience has provided our clients with excellent settlements that effectively free them from burdensome debt. This is our promise.

Factors We Consider When Negotiating Your Settlement

There are numerous factors to consider when we negotiate your settlement. Such factors include the type of debt, who the creditor is, the amount of debt, age of the debt, your budget and ability to pay your debt, as well as your assets and liabilities.

Because most clients we take on are currently having difficulties keeping up with their debt payments, the concept of raising additional funds to settle their debts may seem like an impossible task.

Aegis specializes in helping such clients, and provides a better way to pay off debt than typical credit counseling agencies. In most instances, this involves simply ceasing paying creditors, and instead depositing funds that would normally be used to pay minimum payments into a mandated savings account.

You Save While We Negotiate A Settlement

This savings occurs while the debt reduction settlement is being negotiated with your creditors. One by one, we contact your creditors and negotiate a total settlement on your debts, which in turn provides you with very high savings both over the long and short term.

Experience Has Its Rewards

Debt settlement negotiation has become the trait that separates us from other agencies, mainly because we were in fact one of the first American agencies to offer this service. Aegis negotiators fully understand the day to day operations of collection agencies and the thought process and strategies used by creditors and debt collectors. We wouldn't survive for long if we did not have this special knowledge.

The truth is, debt negotiation is a specialized field requiring years of knowledge and expertise. Our expertise has helped us achieve excellent settlements for our clients for over the last 10 years. That expertise can work for you, too. Please contact us here for a free consultation.

A Word About Fees

As our client, all fees are contingency-based. You are not billed hourly, as with most attorneys, but are charged a percentage of the savings that are negotiated for you. If a settlement is not reached for you within your desired range, there is NO fee.