The Debt Settlement Process

Once you complete your initial setup, we will have you to e-sign a limited power of attorney as well as a few other disclosures, so we may negotiate on your behalf.  Concurrently, you will have funded or will begin funding your settlement trust fund with a monthly payment that we will determine based on your total debt and the number of months you wish to pay it off.  Once there is a reasonable balance in your settlement trust account, we will negotiate with your creditors for reduced payoff amounts.

A major advantage to using us is that once your creditor agrees to a settlement amount, payment is arranged and the creditor will report to the credit bureau's that your account is paid as agreed or settled as agreed instead of just settled (see paid-in-full vs settled).  Next, you will continue funding your trust account to accrue enough funds for negotiating a settlement for the next willing creditor.  Essentially, the process is a cycle of saving up and setting aside money, negotiating a settlement and paying the settlement.

For more see the Advantages of Debt Settlement.