Business Settlement
We are committed to results. It’s a journey
and we are with you every step of the way
Credit Cards
Unsecured Loans
Accounts Payable
Property Leases
Other Debts
Credit Cards
We work directly with all major credit card companies, department stores, and other unsecured creditors on your behalf.
Unsecured Loans
Many loans that are not tied to assets can be settled. We have years of experience with many types of loans and lenders
Vender Supplier Accounts Payable
Get outstanding invoices under control and work out a favorable repayment plan.
Property Leases
Defaulted leases are one of the most common forms of business debt. We will negotiate directly with landlords and leasing companies
Other Defaulted Debt
Some debts may not fall into these categories. Our initial assessment will help identify opportunities to settle other types of debts.
Everything you need to know about our process.
What can the Program do for me?
The program will get you out of debt for significantly less than you owe and help to keep debt collectors and creditors from harassing you during the settlement process. In addition, there are no longer interest charges which could easily save you $100,000 or more!
who can enroll in the program?
This program is designed for individuals, families of all ages, and businesses struggling or unable to make minimum payments to Creditors due to financial hardship, family emergencies, divorce, unexpected medical emergencies, and others who are seeking options other than bankruptcy or credit counseling.
what does the debt settlement cost?
Our fee is never higher than the amount you are quoted when you enroll in the program and is based on how much we save you on each of your settlements. There are no other charges or fees or other recurring costs as part of our basic program no matter if it’s personal or business debt or both!
what happens after i sign up?
You begin to place money into your savings account immediately. Once sufficient funds have accumulated, our Settlement Department will begin the process of negotiating settlements with creditors with the focus on saving you as much money as possible. This process continues until all of your debts have been paid
should i continue speaking to my creditors / collectors?
You are free to speak with Creditors and Collectors, however the best course of action is to notify them that you are working with our Law Firm and provide our contact information. Many Creditors and Collectors use aggressive tactics in an effort to frighten you into dealing with them directly. Some will claim that they will not work with a settlement company, others will try to frighten you into not working with settlement companies because they “will rob you of your money” or “they are not reliable”. These are nothing more than scare tactics-because they know they will get more money out of you if you are convinced to deal with them directly.
will the program prevent collectors from contacting me?
Yes, because once you sign the POA (Power of Attorney) that we are now representing you, they must contact our law firm and they don’t have a choice. This will significantly reduce the number of calls that you receive from creditors and collection companies! Tell them that you are enrolled in our Debt Settlement Program and give them our phone number. Also, tell them that you expect that you will no longer be getting any calls from them. They often claim that they have never worked with us or heard of us but this is nothing more than another tactic to get you to deal directly with them. Again, just provide them with our contact information and hang up the phone.
will collectors call me at home?
Sometimes. However, both State and Federal laws regulate how much they can contact you. An explanation of these regulations is included in the documents you will receive after enrolling in the Program.
will collectors call me at work?
Some do, but you can put a stop to this immediately. State and Federal laws prohibit Collectors (and in some cases the original Creditor who issued your card) from contacting you in your place of employment. Simply inform them that you are not allowed to receive personal calls at your office and that any future calls from them will be breaking the law. This should eliminate future calls to your office
what communication should i expect from creditors / collectors?
You will probably continue to receive billing statements and demand letters from some Collectors and Creditors. You should immediately email these to our office in order to maintain your records.
will the program stop interest and late fees?
In most cases, you will continue to receive interest charges and late fees until a debt is settled.
will the program stop legal action against me?
We are attorneys and will provide legal advice to prevent you from being sued. We are able to work with you in making an informed decision as to what response (if any) is appropriate to a legal challenge from one of your Creditors or Collectors. If you are sued, our goal remains the same, namely to settle with that Creditor or Collector in a timely fashion.
where is my settelment money being held?
Your funds are held in an FDIC insured bank account. All payments are deposited into your individual account until enough funds have been reached for us to make a settlement offer. No money is deducted from this account without your authorization.
can i increase my contribution amount?
Yes. You are encouraged to put any additional money you can into this account. It will speed-up the settlement process and you’ll get out of debt much quicker!
what kind of debt can be included in the program?
This program handles unsecured debt, meaning the debt is not secured with collateral. Acceptable debts are credit cards, medical bills, legal bills, judgments, unsecured personal loans of any type, vendor or supplier debts, defaulted property leases, retail debt and collections. Examples of unacceptable debt are home mortgages, automobile loans, motorcycle loans, boat loans, IRS tax liens, government-backed student loans, child support, and alimony
what happens to my credit rating?
Your credit rating is determined primarily by two factors, the amount of credit you have and your payment history. The very fact that you are looking at Debt Settlement Program indicates that you have more consumer debt than you can currently pay and are starting (or will shortly begin) to show late payments on your credit report. If your credit has not already started a downhill slide it surely will do so soon. As with any Debt Settlement program, the program will have a negative impact on your credit. Defaulting on payments is what enables us to begin negotiations to provide you with favorable settlements. The Program will accomplish two very important goals towards restoring your credit rating: (1) When you finish the Program your consumer debt will be less than when you began the Program which is a significantly positive factor in calculating your credit score and (2) The present consumer debt on your credit report that is included in the Program will show a zero balance which will also significantly increase your credit score!
is there a cancellation policy?
You may terminate your Debt Settlement Program at any time before a settlement is negotiated and you can withdraw any or all of the funds from your settlement account without penalty.