When and why do you need to cancel a debt?
Here are some of the many reasons consumers seek debt cancellation:
Buyer’s remorse – it is legal to cancel an ownership due to buyer’s remorse since state laws mandate that your resort should have a 10-day cancellation provision.
Fraud or deception – if you think that you have been misled by a resort representative, or you ended up paying more than what was promised.
Cannot manage yearly maintenance fees – if it’s become difficult for you to pay your yearly maintenance fees.
Unforeseen changes – a change of status in life or financial means, like a medical emergency, home purchase, marriage, or death of a loved one, are common reasons that occur that require debt relief.
While every case is different, there are some routes you can take to relieve the burden your debt might be placing on you.
Debt cancellation – this process allows for the debt to be cancelled with no further actions needed.
Deed in lieu of foreclosure – this process allows for the debt to be returned to the original holder in lieu of a foreclosure and potential harm to your credit. This is a good option if the debt is past due and there are no other options available to alleviate the debt.
Debt deed back - this process allows for the debt to be taken back by the original holder as an exchange of ownership. This allows the debt to be taken from the debtor and returned to the holder free and clear.
As mentioned prior, if your debt is tied into a property (i.e., personal home, timeshare, vacation property, rental or AirBnb) we can work with you to resolve your debt. Our team has been very successful in removing our clients’ debts completely or, alternatively, working out a mutually agreeable solution between our client and a debt collector or servicer. Our clients have been very satisfied with their reduction or elimination of their burdens. Naturally each situation is different, and every outcome is based on the individual debt at hand. However, we as a team take pride in our work and we stress that successful resolution is dependent upon investigating deep into the particular facts of a case. If you are ever told by a representative or a company that your debt can be resolved without going deep into the specifics of your case, then it is likely that you will not obtain substantive relief.
As you have read above, there are many ways we can help relieve you from burdening debt. We can assist in obtaining a true debt cancellation, mortgage foreclosure (if needed), or return of debt to the original holder. There are alternative routes that can be taken as well should your debt need to be handled in a different manner. We have assisted many consumers with resolving even the most difficult debt relief matters. We have learned over time and assisting clients, the advantages and disadvantages involved in different types of debts. As believers in consumer protection, you are the priority and remain the priority throughout the entire process. The goal of PRD Acquisitions and Solutions is making the debt relief process as smooth and supportive for you as possible and provide you with the representation needed and the positive outcome you deserve.
We are confident in our services and are here to assist you.
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