Debt settlement isn’t for everyone; it’s unregulated, and to get involved with a successful outcome you have to use a lot of caution.  However, if you’re a borrower looking to avoid bankruptcy, debt settlement might just be the right answer for you.

If you are interested in debt settlement, Vivix Credit Solutions is a well known service that can help you during the process and improve your credit scores.  Your credit score can go from very low to high in a matter of a few months with Vivix Credit Solutions. As a licensed, bonded organization offering credit services, Vivix Credit Solutions has helped many homeowners and borrowers during a difficult time of debt settlement.  Vivix Credit Solutions offers comprehensive debt settlement services.

Debt settlement can be described as a process that involves the creditor and the debtor.  In debt settlement, the creditor agrees to accept an amount that is lesser than what was originally owed from the debtor, and sees it as a full payment instead of a partial or reduced payment that must be settled later.  Successful negotiation with your creditor is required in the process of debt settlement.  Since you need to do some tough negotiations, you’ll benefit from services that credit solutions such as Vivix Credit Solutions can offer.

Debt settlement can be your answer if you have heavy, unsecured debts that haven’t been paid on in months.  If your financial condition is underwater and you simply can’t afford a debt consolidation loan, debt settlement is the answer.  You may not be able to repay your debt at all; but if you know you can pay back a part, then you can do debt settlement.  And, it will be your best alternative to avoid bankruptcy.

Although it looks like they’re getting the worse end of the deal, creditors accept debt settlement offers because they know that it’s a way to possibly get the most money extracted that’s due on your debt.  Without debt settlement, creditors know that you may risk going bankrupt, and in that state the creditor won’t be getting any of your money (or at least a very small portion).  With debt settlement, a creditor can get up to 50% of the money that’s owed to them.  It’s a beneficial situation for you and the creditor.

From the process of debt settlement explained above, it should be clear that you need professional advice at the very first step of the way.  Debt settlement is a process that requires some successful negotiation with your creditor.  Unless you are an attorney yourself, you may not be successful.  You need to know what to do before you do it; and professional help can step in and give you this knowledge.

Vivix Credit Solutions offers services that can successfully get you through the entire process of debt settlement with the result you’ve been waiting for.