How Redeemed Debt Solutions, Inc. Settles Debt

At Redeemed Debt Solutions, Inc. we offer a debt settlement program. This is an easy way to get out of debt to avoid bankruptcy. We are a reputable company and backed by T.A.S.C. Our debt settlement process is easy and straightforward.

The first thing that is done after signing up with us is you are given full access to your account with a login and a password. You should be given this with any debt settlement company. If you they do not provide this to you, it is a good indication that you should not be dealing with them.

Once all of your information has been loaded into the system, and you have an attorney, you will need to pay the monthly amount into the trust account and wait for your accounts to go through the process of debt settlement. Based on the amount of debt that you enroll into the program, you will be given an amount that you will need to pay on a monthly basis. You will be asked to select a date that you would like the money to be transferred each month into your FDIC insured bank account.

Our attorney's will try to eliminate your debt before we begin to settle on any of it. Before your accounts can start to be settled on or negotiated, your accounts need to be in litigation, meaning that you need to have stopped paying on your accounts for at least 3 months. Once litigation has begun you can start to have your debts settled on.

If you are current when you enroll into our program, we recommend you start paying the monthly amount right away so that they can start to build up money faster and become debt free faster, we do not have a pre-payment penalty and encourage consumers to be as aggressive as they can be so that you can be debt free faster and not have your debt looming over your head. Once enough money has been saved into your trust account you will be contacted either through email, telephone, or mail asking for permission by our attorney’s to remove money from your account to settle on one of your debts, this process will continue until all of your debts have been settled and than you are debt free from those accounts you enrolled into the program. Even though debt settlement does harm your credit it is a great way to become debt free and avoid bankruptcy.