Eliminating Debt - Informal Proposal

We at EMR Debt Solutions have qualified negotiators, who negotiate with your creditors outside of the court system on your behalf. We arrive at a suitable repayment plan that accommodates your current financial situation.We are able to settle debts at less than 50%, if debts are 1 to 3 years old; or less than 80% if debts are extremely old by way of a lump sum.

Informal Proposals are the best option for clients that have only 1 to 5 creditors and access to a small pool of cash. Also, generally when a client offers creditors a settlement that is greater than if they filed for bankruptcy the creditors will most likely accept the Informal proposal thus allowing the client debt relief without filing for Bankruptcy.

Example: Bob owes $ 10,000.00 and creditors except $ 4,600. Bob will need to pay $4,600 in full upon acceptance of the Informal Proposal.

What effect will this have on your credit bureau?

R7 (making regular payments through a special arrangement to settle debts)

It is our promise to you that your future will consist of a“Path to Financial Freedom & Growth”when you walk through our doors.