Our Debt Settlement Program is actually quite simple. Your current level of unsecured debt will be skillfully negotiated for you, and essentially you will end up paying a fraction of the debt. Generally, we reduce your debt by 40-60% of the current total. We will set you up with an affordable monthly payment, which is determined on a client-by-client basis between you and a counselor at Preferred Financial Solutions. Based upon what you are able to pay each month into your settlement account, we can determine how many months you will be part of the program, and ultimately be debt free. Throughout the program, we communicate with your creditors, on your behalf, and you will no longer be dealing with burdensome phone calls and letters from your creditors.

Upon enrollment, we will immediately contact each of your creditors, individually, and let them know that we are now representing you, and also let them know of your interest in settling your debt with them. Reaching a settlement usually takes several phone calls and communication between Preferred Financial Solutions and the creditor. Once a settlement offer has been reached, and you as the client have agreed on this amount, we will obtain that settlement offer in writing from the creditor and will then advise client on how to disperse funds to the creditor.

At that point, the creditor has accepted the payment in full, and you are free of that debt forever. Preferred Financial Solutions will diligently continue to work on negotiating all of your debts, until you are finally free from the once overwhelming debt that you started our program with.

Our main goal is to get you out of debt. We work only for our clients; not for the benefit of the creditors. Becoming debt free is the first step to becoming financially secure, and debt settlement may be your best option.

Preferred Financial Solutions Negotiation process has been tested and developed over years of experience by our team of professionals in the field of finance and credit card debt. Our professionals are highly skilled in each of their fields of expertise.
Through the established relationships that we have with the creditors and financial institutions, we are able to successfully negotiate the debts of our clients at a substantial discount. Creditors are willing to negotiate a debt with Preferred Financial Solutions, on behalf of our clients, with the understanding that the settled amount will be paid in a timely manner.

Furthermore, creditors are always looking to avoid the ineffective and costly efforts of an outside collection company.Preferred Financial Solutions continues to develop our relationships with creditors throughout the country, and we always maintain a very professional and cooperative relationship with the creditors in order to reach the most favorable settlement offer for our clients. We work directly, and 100% for you.

Debt Settlement is a legitimate way of solving your problem without the need for bankruptcy. Our representatives work each case individually to determine your eligibility and then, if you qualify, they will establish a program that allows repayment of the debt through affordable monthly payments while ultimately saving your credit. This approach reduces your debt vs.consolidation options. Our approach assists you by reducing the time to repay the debt and by lowering the total amount you owe.

For more information complete the brief information on our form. A Preferred Financial Solutions Representative will contact you to discuss how to get started today.

Advantages Unique to our Company