Essa Finance is committed to helping individuals and businesses facing financial difficulties regain control of their economic well-being. Our Debt Restructure/Settlement service offers structured guidance to help you renegotiate and reduce your delinquent debts, bringing you one step closer to a more stable and peaceful financial life.
Debt Restructure and Settlement is a financial process that allows individuals or entities experiencing cash flow problems and financial distress to renegotiate and reduce their delinquent debts. By restructuring or settling their debts, individuals can improve their liquidity and overall financial health. This service is especially valuable when you’re stuck in a situation where your debts have become overwhelming.
Our approach to Debt Restructure and Settlement begins with appointing a skilled representative who can negotiate on your behalf with your creditors. This negotiation is aimed at reaching favorable terms for restructuring or settling your debts. The negotiation process involves in-depth discussions with banks and other relevant authorities.
Once an agreement has been reached through negotiations, it’s essential to have the terms and agreements documented in writing and signed. This documentation should be finalized and signed before any payments or installments are made. The Clearance and Release Letter is a crucial document you’ll need to receive from the respective banks after settling your debts.
At Essa Finance, we’re proud to offer a unique service in the UAE – free debt consultation for everyone. If you’re struggling with financial issues and have questions about your debt, our expert consultants are available to provide guidance and support.
To access Debt Restructure and Settlement services with Essa Finance, you should typically meet the following criteria:
Minimum Monthly Salary: Maintain a monthly salary of AED 5,000 or above.
Age: Be between 21 to 60 years of age.
Length of Service: Have a minimum of 6 months of employment or confirmed service.
Company: Available to both employees of listed and non-listed companies.
AECB (Al Etihad Credit Bureau): While not mandatory, having an existing credit history can be beneficial.
To begin the Debt Restructure/Settlement process with Essa Finance, you’ll need to provide specific documents and information, including:
Valid Copy of Passport, Resident Visa, and Emirates ID: Proof of your identity and residence status.
Salary Certificate/Payslips: Documentation confirming your employment and salary details.
3 Months Bank Statement: A record of your financial transactions for the past three months.
Essa Finance’s Debt Restructure/Settlement service offers a structured approach to help individuals overcome financial challenges and embark on a path to financial stability. With expert negotiation, clear documentation, and the support of our experienced consultants, you can find relief from financial distress and work towards a brighter financial future. Don’t hesitate to reach out for a free debt consultation – your financial well-being is our top priority.
Step into a world of financial empowerment with Essa Finance. We are your passport to financial excellence, offering a unique blend of financial acumen and unwavering dedication to safeguard your financial interests.”
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