What Is Debt
is the process by which we negotiate with your creditors to obtain the
lowest possible debt obligation, meaning we can lower both your interest
rates, and your total debt principal. Unlike many other "credit counseling"-type
programs, where the agency has existing relationships with creditors,
we negotiate with your creditors to provide you with a settlement that
you can live with - on your terms.
Generally, this will
lower your monthly payment by more than 50%, and allow you to achieve
debt freedom up to 10 times quicker than if you had continued to pay minimum
payments on the debt.
Why Our Process Works
achieve positive settlements from both large and small creditors because
these creditors recognize that people who enter our program are trying
to repay their debts, but may be running behind because of situations
beyond their control. Terms are more favorable for you because the creditor
will not need to turn over your account to a collection agency - or worse
- lose all chance of payment if you declare bankruptcy.
Abbot has a strong
history of working for consumers to alleviate debt, and we continue to
make new breakthroughs as our business grows. We encourage you to contact
us for a free consultation today, and discover the Abbot Difference.