It takes hard work, diligence and expertise to resolve judgments for less than 100%, but EquiResolve achieves such settlements on behalf of satisfied clients nearly every day.

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We have a very simple process to negotiate your debt.  After evaluating what you can pay, we will present your offer to the other party.  Debt settlement represents a viable solution for individuals facing substantial debt. It allows negotiation with creditors to settle outstanding balances for less than the total owed. However, successfully navigating the debt settlement process can be complex, and individuals frequently encounter common pitfalls.

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EquiResolve ensures thorough document handling, bringing resolution to the matter once and for all. Settlements can be reached by paying less than the full amount, but it is essential to secure the agreement in writing. Creditors often backtrack on verbal agreements, sidestep written settlement terms, and occasionally fail to file the necessary documentation as required. EquiResolve ensures that you have a written settlement agreement before proceeding with payments.

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What Do People Settle For?

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While several factors influence the settlement amount of a judgment, three key factors stand out:

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• Who is the Other Party? Identifying the judgment creditor is crucial. Whether it’s a bank, debt buyer, hospital, or former business partner, understanding their identity significantly impacts your ability to negotiate a discounted resolution

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• What Are YOUR Finances Like? Consider your financial situation. For instance, a retired individual residing in a nursing home and relying on social security will likely receive a more favorable settlement than someone with a million-dollar home earning $200K every year.

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How soon will they get paid? A lump-sum payment is typically lower than a payment plan spread over several years. There are many ways available to obtain a lump-sum.  Some ways are a loan, borrow money from family or friends or even a credit card.  By all means, it’s important to resolve the debt.

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EquiResolve believes we can facilitate the satisfaction of your matter for less than the full balance, secure a proper settlement agreement and ensure that creditors file all necessary documentation to officially close the judgment.