Start Consolidating debt new mortgage

Consolidating debt new mortgage

While a debt consolidation is less risky than other options, like bankruptcy, it still carries a considerable amount of risk.

Companies usually attempt to lower your debt through debt settlement before recommending you take out a loan.

Many of these options work hand in hand with or as part of a larger debt reduction program, but in general, these are your choices: Debt Settlement: Settlement is the process of negotiating with your creditors in hopes of reducing the total amount of debt you owe them.

While you can undertake this process on your own, many people choose to hire a professional debt settlement company or lawyer to negotiate on their behalf.

Accredited Debt Relief is an affiliate and offers the same programs.