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An ideal debt settlement team’s primary aim is to resolve debt within the span of 18 to 24 months, on a case to case basis and depending on the debtor’s capability to put into the FDIC-insured trust fund every month. The easiest way to see this is, if a client has $30,000 in debt with a projected savings of $11,250 after fees and hope to resolve the debt within 24 months, the debtor should be able to save approximately $500 every month. A debt settlement especially here in Ontario is the perfect tool towards being debt-free if it wasn’t settled during the first negotiation.

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