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Debt Settlement Strategies for
First-Timers
Global Client Solutions
Introduction
• Global Client Solutions provides top quality account
management services to clients involved in debt
settlement proceedings. Using modern account
management practices, Global Client Solutions
offers custom services to help clients resolve debt
under favorable settlement terms.
When it comes to debt settlement, it is important to
act as quickly as possible. Although many
consumers put off addressing their debt, contacting
creditors quickly often leads to the most favorable
debt settlement terms.
Debt Settlement Strategies
• In some cases, consumers who act early can create a
debt management plan that allows them to avoid
taking a big hit to their credit scores.
In terms of debt management plans, consumers
should always try to establish payments they can
actually handle financially. Creditors may try to
push a plan with high payments, but consumers
must stand firm regarding their own financial
limitations. If a consumer can only manage to make
the first payment or two, he or she runs the risk of
default and having the account transferred to a
collection agency.

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Debt Settlement Strategies for First-Timers

  • 1. Debt Settlement Strategies for First-Timers Global Client Solutions
  • 2. Introduction • Global Client Solutions provides top quality account management services to clients involved in debt settlement proceedings. Using modern account management practices, Global Client Solutions offers custom services to help clients resolve debt under favorable settlement terms. When it comes to debt settlement, it is important to act as quickly as possible. Although many consumers put off addressing their debt, contacting creditors quickly often leads to the most favorable debt settlement terms.
  • 3. Debt Settlement Strategies • In some cases, consumers who act early can create a debt management plan that allows them to avoid taking a big hit to their credit scores. In terms of debt management plans, consumers should always try to establish payments they can actually handle financially. Creditors may try to push a plan with high payments, but consumers must stand firm regarding their own financial limitations. If a consumer can only manage to make the first payment or two, he or she runs the risk of default and having the account transferred to a collection agency.