1. You
make the decision to
finally get out of debt and retain
a Professional Debt Negotiator.
2. You authorize us to
negotiate on your behalf, through a limited power of attorney.
3. You provide the
necessary consumer information on all unsecured
debt.
Most current: Credit card statements, Judgments, Repo's, Medical
Bills, etc.
4. All documents are
reviewed and processed by our expert staff.
5. It's clear that you
can no longer continue to make monthly minimum payments to your
creditors because of serious financial setbacks, (Medical
Problems, Company Downsizing, Family Problems, Legal Problems,
Etc).
6. Our negotiating
division initiates a non-invasive intervention/negotiation
program with the creditors, one at a time as funds are made
available.
Through negotiation unsecured debt can be reduced by
40% - 60%.
7. We act as a wall
between you and your creditors, giving you the time to set aside
needed funds.
8. You open an interest
bearing savings account (Escrow Account) under your control, at
your bank and in your name. You would deposit into that account a
pre-arranged, affordable amount each month that would be used to
satisfy the creditors through our debt negotiation.
9. You are consulted, as
necessary, during the negotiation process. Written
settlement offers from the creditors are presented to you
for your approval.
10. You issue checks,
from your escrow account, to the creditor and the negotiating firm
upon financial settlement.
11. Your debts are
settled, your credit restored and you are free to get on with your
life.
