Debt Arbitration

Debt Arbitration is the process of hiring a third party or an arbitrator to take old bills, invoices, lawsuits, liens, medical bills, utility bills, and judgments, and then negotiate an out-of-court settlement. A successful Arbitrator will reduce the debt by 40% to 60%. Unlike an attorney, the debt arbitrator does not charge an hourly rate that could be as high as $200 to $300 an hour to work your case, and sometimes more if there are court appearances. And unlike a credit counselor, a Debt Arbitrator works for you and is independent. A counselor is supported mainly by the credit card companies.

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