Credit Card Debt Relief Process
Our Debt Settlement program is very simple.
The first step is to contact us for your free debt settlement consultation. Simply fill out our contact form and a member of our professional staff will contact you within 24 hours. You can also reach us by calling our toll free number, 1-800-576-0788, Monday through Friday between 9am and 9 pm EST.
We will then review your information to determine if debt settlement is the answer for you.
If you qualify for our program we will work within your budget to calculate a monthly payment that is set aside into a savings account (also known as a Special Purpose Account) that only you control. As the funds in the Special Purpose Account build, we will use it with your permission to negotiate with your creditors and to settle your accounts one by one.
Once you are fully enrolled into our program, you’ll begin to save money into your Special Purpose Account on a monthly basis. When we receive a fair offer from a creditor OR when you have saved an anticipated settlement amount (30% - 50%) of any creditor balance, we will begin negotiations on that account. When an acceptable offer is made we'll obtain a confirming letter from the creditor. You’ll then pay, settle and close that account. This cycle will continue to repeat with each enrolled creditor until you are completely debt free. However, we can only settle a debt once the full funds are available in your Special Purpose Account. We will receive a zero balance letter from the creditor or agency after they have been paid and the funds have cleared. Your debt will be considered settled, settled in full or paid as agreed. Please see our frequently asked questions for more information.
