Debt Free Destiny

Part of our Series : Debt Settlement Company Reviews

GHS Solutions, LLC is a debt settlement company that offers individual programs to meet the specific needs of each consumer with debt. Individuals with high amounts of debt will not work through a settlement program in the same fashion as those with lower amounts of debt.

GHS Solutions works to negotiate a settlement that is acceptable to your creditors, usually from 40% to 50% of what you currently owe.

Enrolling in GHS’s debt settlement program can help prevent the need for bankruptcy and enables you to make affordable monthly payments to a separate account, and pay far less than you would to the credit card company.

GHS Solutions has professional debt negotiators, who are licensed by the International Association of Professional Debt Arbitrators (IAPDA), will work with your personal financial situation in order to determine a monthly payment amount that is affordable, based on your income.

Here are some quick facts about GHS Solutions:

About the Company

The GHS website makes it clear that their debt negotiators are not legal advisors but they are experienced with debt settlement procedures and can help consumers avoid bankruptcy.

Types of Acceptable Debt

GHS Solutions can assist consumers with unsecured debts, such as private loans and credit card debts. Secured debts, such as mortgages and car loans are not able to be enrolled in the program.

Debt totals that are under $10,000 may also not be selected into a debt settlement program because smaller obligations are considered to be more manageable while debt settlement plans are reserved for those facing more severe problems. However, situations of financial hardships can be determined and during the free, no obligation consultation, a licensed counselor can ultimately make the decision to accept a smaller debt into the program.

Once a consumer’s financial goals are determined, income and expenses will be analyzed in order to develop a suitable monthly payment amount. Monthly payments are expected each month once an agreement has been reached. In the event a client is struggling during a given month to make a payment, that month’s amount can be absorbed into the program with no serious repercussions.

Added Benefits

Another benefit to the GHS Solutions debt settlement program is the ability to enroll “charged off” accounts that have already been forwarded to a third-party collector or agency. These debts can cause serious harm to an already bad credit history and by making a monthly payment towards paying the debt in full (per the settlement agreement), can help restore a consumer’s credit.

Website Experience

GHS’s website has the usual debt settlement information and has a visually attractive site, but it lacks critical information like Fee Structure and Refund Policy.

RATING: If you have done business with GHS Solutions, LLC, please rate this company and post a comment below.