Financial negotiations usually entail adjusting repayment terms for outstanding debt when a borrower faces financial hurdles like unemployment or unexpected expenses. This process often involves reaching an arrangement, typically a lump sum settlement, between the borrower and creditor to simplify the repayment process.
We will assess your financial situation and create a tailored debt repayment strategy. This involves a comprehensive review of your income, expenses, and outstanding debts to devise an effective plan for reducing your debt load.
After choosing the suitable plan, this phase involves completing a debt resolution agreement with us. Signing this contract formalizes the debt settlement plan and its terms, establishing it as a legally binding arrangement.
During this phase, you will commence depositing funds into a designated account intended for the Resolution process.
Our team of Legal and Financial Advisors will start direct negotiations with your creditor(s) on your behalf to reach a mutually agreed settlement amount. This plan includes proposing a negotiated sum in exchange for resolving the outstanding debt owed to the creditor(s).
Upon successfully reaching a mutually agreed settlement amount and completing the payment to the creditor(s), you will attain a debt-free status.
We assist in addressing your personal loan repayment concerns by engaging with your lenders. Our team of financial and legal experts is sought after as banks and non-banking financial companies (NBFCs) often hesitate to settle. With their extensive experience and expertise, they facilitate resolutions in this domain.
Choosing a negotiated settlement proves advantageous if you're unable to make payments, given that credit card interest rates can exceed 40%. Ultimately, this not only improves your financial standing but also helps save money in the long run. Our skilled legal and financial advisors specialize in aiding with credit card repayment concerns.
Despite multiple Supreme Court rulings and RBI regulations against borrower intimidation, debtors in India frequently face harassment by recovery agents. Our Anti-Harassment Service, led by legal experts, is committed to assisting individuals in such distressing situations. If you're experiencing harassment, be assured, we're here to help you find a resolution.