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In short

Debt settlement is a service offered by for-profit companies whereby they negotiate with your creditors to try and reduce your debt to one lump sum payment, typically lower than what you owe.

What it helps with
Money to get by, Help with drinking or drugs, Learning and school, Knowing where to go, Skills for work, Help with my mental health, A fresh start
Where
99 Wyse Road Suite 102 Dartmouth, NS B3A 4S5
How to reach
Contact through Credit Counselling Services of Atlantic Canada - Dartmouth: (888) 753-2227 · ccsinfo@solveyourdebts.com · Website
Last verified
, by HelpSeeker
About this service

Debt settlement is a service offered by for-profit companies whereby they negotiate with your creditors to try and reduce your debt to one lump sum payment, typically lower than what you owe. If they negotiate successfully, you must provide the lump sum to your debt settlement company, who will then pay your creditors on your behalf.

While this may seem pretty straightforward, the Financial Consumer Agency of Canada (FCAC) is warning Canadians that some debt settlement companies are misleading consumers. Always ensure that your full financial situation is considered as settlements are not appropriate for all situations.

At Credit Counselling Services of Atlantic Canada, our accredited financial counsellors can help you determine if a debt settlement is in your best interest based on their financial assessment. As a not-for-profit organization, we keep our clients best interest in mind, and always present ALL of your options to you.

How do I get in touch?

Call (888) 753-2227, email ccsinfo@solveyourdebts.com, or use the website.

Phone
(888) 753-2227
Email
ccsinfo@solveyourdebts.com
Website
https://www.solveyourdebts.com/english/debt_settlement_services/

Listed in Halifax, Nova Scotia.

99 Wyse Road Suite 102 Dartmouth, NS B3A 4S5

99 Wyse Road Suite 102 Dartmouth, NS B3A 4S5Halifax, Nova Scotia

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