Question 1

What is debt settlement?

Accepted Answer

A negotiated agreement with your lender where they accept a reduced lump-sum payment as final closure for an outstanding loan, typically when borrowers are in genuine hardship.

Question 2

Will it affect my CIBIL score?

Accepted Answer

Yes, temporarily. Most clients see a 75–100 point dip, recoverable in 12–18 months with our structured recovery plan.

Question 3

Which loans qualify?

Accepted Answer

Most unsecured loans — personal, credit card, business, consumer durables — qualify after 60+ days past due. Secured loans (home, auto) follow different paths.

Question 4

What documents are needed?

Accepted Answer

Government ID, latest loan statements, last 3 months' bank statements. All uploads are encrypted.

Question 5

How long does the process take?

Accepted Answer

45–120 days depending on lender responsiveness and case complexity.

Question 6

What are your charges?

Accepted Answer

Success-fee based — you pay only when we save you money. The first consultation is always free.

Question 7

Is debt settlement legal?

Accepted Answer

Yes. Settlement is a contractual arrangement between you and the lender, fully recognised under Indian law.

Question 8

Can recovery agents still harass me?

Accepted Answer

No. Once you're on our program, our legal team handles lender communication and protects you from harassment under RBI guidelines.

Frequently asked questions