Debt Negotiation Services (DNS)
A term used for services focused on negotiating with creditors to reduce, settle or restructure debts on a client’s behalf.
Also known as: DNS
Related terms
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Debt negotiation
The process of negotiating directly with creditors to seek a more manageable repayment arrangement, settlement or other commercial resolution.
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Debt settlement
An agreement under which a creditor accepts an agreed payment or series of payments in resolution of a debt, often for less than the full balance.
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Debt resolution
A planned process for bringing debts under control through negotiation, restructuring, settlement or a suitable formal solution.
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