Credit Card Settlement – How to Legally Stop Paying Credit
Monday, December 7th, 2009 at 6:19 am
A credit card settlement is also known as debt arbitration or debt negotiation. It is a legal approach to debt reduction where a creditor (a credit card company) and a debtor (the customer) meet to settle the debt of the latter to a smaller amount of money than he initially owed to the bank.
Tagged with: Amount Of Money • Credit Card Company • Creditor • Debt Arbitration • Debt Negotiation • Debt Reduction • Debtor • Legal Approach
Filed under: Credit
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