Debt Settlement
It's Simple. GET OUT OF DEBT NOW!
Debt Settlement is an alternative approach for consumers dealing with the difficulties of too much debt 
and may serve as an option for those considering bankruptcy.
Debt Settlement is a process where a negotiation takes place with your creditors, on your behalf, in an effort to settle your unsecured debt for a specified amount. Our highly skilled program advisors have successfully negotiated unsecured debts down to a fraction of the current amount owed.
It's Affordable.
With Homeowners First, you save money for future negotiation in an F.D.I.C. insured savings account. You maintain control of your funds and authorization is required for transactions made from your account. We also offer real time access to your account on-line at any time. The length of your program is determined by the amount of funds you set aside each month, the facts and circumstances of your particular situation and your creditors' willingness to accept settlement offers.
It's Settled.
Once a creditor has accepted payment in full, you are free from that debt forever. It's about your future. As a client, we work for you, not for the creditor. If you are serious about getting out of debt and want to start enjoying life again, fill out our Free Consultation Form or call us at 877-887-7136 to find out how we can help.
SolutionsHomeowners First's Debt Settlement Program is specifically designed to help you if your unsecured debt is $10,000 or more. Settling your unsecured debt is the first step to becoming financially secure and our debt settlement program may be your best option. Our experienced debt negotiators have successfully settled many accounts with creditors and collection agencies. We will negotiate the best possible settlement for you.
How It Works:
Our knowledgeable program advisors will provide you with an affordable monthly Debt Settlement Program(DSP) payment plan. Your monthly DSP payment is determined by evaluating your individual situation and your ability to make payments. Our unique program allows you to save each month in your own savings account and see results faster.
You will have retained an attorney that will within days of your enrollment as a client, start working on your behalf, contacting your creditors and collection agencies to let them know you have enrolled in our program and also to advise them of your interest in settling your unsecured debt with them. Once we have reached a settlement with the creditor or collection agency, we will obtain that settlement offer in writing from the creditor and advise you on how to disburse your saved settlement funds accordingly.
Who Qualifies?To find out if our debt settlement program is right for you, please call us at 877-887-7136. Your unsecured debt must be over $10,000 in order to participate in our program. Our company can work with the following types of unsecured debt:
- Credit Cards
- Collections
- Unsecured Loans
- Medical Bills
- Unsecured Personal Loans
- Retail Store Cards
- Unsecured Lines of Credit
The Current Path Below is the number of years to pay off a credit card balance based on 19% interest and a minimum monthly of 2.1% of the outstanding balance. Usually credit cards require a minimum monthly payment between 2.0% and 2.5% of the outstanding balance.
Source: CNN Money
| Debt Amount | Pay Back | How Long Will It Take |
| $10,000 | $26,276.59 | 42 yrs 9 mos |
| $15,000 | $55,370.41 | 48 yrs 11 mos |
| $20,000 | $74,464.22 | 53 yrs 3 mos |
| $25,000 | $93,557.98 | 56 yrs 7 mos |
| $30,000 | $112,651.77 | 59 yrs 4 mos |
| $35,000 | $131,745.58 | 61 yrs 8 mos |
| $40,000 | $150,839.39 | 63 yrs 9 mos |
| $45,000 | $169,933.22 | 65 yrs 6 mos |
| $50,000 | $189,027.02 | 67 yrs 1 mos |
| $60,000 | $227,214.61 | 69 yrs 10 mos |
| $70,000 | $265,402.22 | 72 yrs 2 mos |
| $80,000 | $303,589.81 | 74 yrs 2 mos |
| $90,000 | $341,777.43 | 76 yrs |
| $100,000 | $379,965.06 | 77 yrs 7 mos |
| $110,000 | $418,152.62 | 79 yrs |
| $120,000 | $456,340.27 | 80 yrs 4 mos |
| $130,000 | $494,527.82 | 81 yrs 6 mos |
| $140,000 | $532,712.48 | 82 yrs 8 mos |
| $150,000 | $570,903.04 | 83 yrs 8 mos |
*IMPORTANT PROGRAM DISCLOSURES:
Debt forgiveness may be taxable as income - Our Debt Settlement Program does not assume or pay any consumer debts, and does not provide tax or legal advice - Our Debt Settlement Program is not available in all states - Read and understand all contract terms prior to enrollment
