Sentences with phrase «debt settlement companies set»

A debt settlement company sets up their clients with a single monthly payment.

Not exact matches

So there is a possibility that your debt settlement company will not be able to settle some of your debts — even if you set aside the monthly amounts required by the program.

Debt settlement companies can require you to also set aside your fees in the escrow account.

Once this agreement is made, you pay a monthly amount to a special deposit account set up through the debt settlement company.

Debt settlement companies and law firms will negotiate with creditors to agree the overall figure, and then set an austerity structure that will see the debt cleared on tDebt settlement companies and law firms will negotiate with creditors to agree the overall figure, and then set an austerity structure that will see the debt cleared on tdebt cleared on time.

Debt settlement companies that handle these transactions on your behalf usually insist that you make payments into an account set up by the debt settlement compDebt settlement companies that handle these transactions on your behalf usually insist that you make payments into an account set up by the debt settlement compdebt settlement company.

There is no set formula, and don't let wishful thinking make you believe promises made by debt settlement companies and others feeding off your sense of fear or guilt.

A good debt settlement company will set up a monthly call to check in with you while you're paying off the debt.

Informal debt settlement plans offered through unlicensed debt coaches or debt consultants are not regulated and may be administered by anyone willing to set up such a company.

Then you pay into an account set up by the debt settlement company until there is enough to pay off each creditor in full.

However, your initial payments — totaling hundreds or even thousands of dollars over a period of months — may go toward paying fees to the debt settlement company before any of your money is set aside to begin accumulating for payment to your creditors.

The top debt settlement companies will set their clients up with an attorney from their state, who will provide them with legal protection and credit card lawsuit defense if necessary.

A debt settlement company will set their clients up with only one comfortable monthly payment that is deposited directly into a trust account.

We can set you up with a top rated debt settlement company — IF it's the best program for your situation — where you can become debt free in 24 - 42 months or LESS — depending on what type of monthly payment you can afford.

With the amendments, such companies can now only charge a $ 50 set - up fee, and a maximum of 15 % of the debtor's payments into the debt settlement plan.

In an Alaska debt settlement program, you deposit your monthly payments into a trust account set up by the settlement company.

Under no circumstances will your debt settlement company have custody or control of the funds you set aside to fund debt settlements.

The debt settlement companies examined by the States can not demonstrate any justification for their substantial advance fees based on the effort required to set up an account.

«Debt settlement providers often encourage consumers to stop paying creditors, or consumers stop on their own because they simply can not afford simultaneously to make monthly payments to their creditors, set aside funds for settlements, and pay fees to the debt settlement compDebt settlement providers often encourage consumers to stop paying creditors, or consumers stop on their own because they simply can not afford simultaneously to make monthly payments to their creditors, set aside funds for settlements, and pay fees to the debt settlement compdebt settlement company.

When you sign up, you'll likely begin contributing to a special account set up by your debt settlement company.

Professional Experience ABC Debt Relief (City, ST) 12/2006 — 11/2011 Client Service Manager • Responsible for overseeing daily operations of a 35 Account Manager call center ensuring effective operations • Recruit and train new sales and customer service employees in industry best practices and company policies • Strictly enforce compliance with all applicable laws, industry regulations, and corporate protocols • Provide exceptional customer service and professional guidance in the area of debt management, credit, and bankruptcy • Maintain detailed monthly reports for management concerning budgets, monthly projections, and quarterly goals • Responsible for performance appraisals, deficiency warnings, and conflict resolution for employees • Review and manage all BBB and Attorney General complaints determining appropriate next steps • Monitor department productivity with inbound and outbound calls providing feedback to team leads and supervisors • Author and lead presentations at meetings for clients, employees, and senior management • Train team leads and supervisors in laws governing credit reporting and debt settlement such as (FDCPA) Fair Debt Collections Practices Act and the (FCRA) Fair Credit Reporting Act and (FTC) Federal Trade Commission regulations • Set and strictly enforce budget for the payroll of both salaried and hourly employees • Responsible for final approvals for payment refunds issued to the client • Assist with Debt Tracker and the Debt Manager and negotiate with creditors to reduce clDebt Relief (City, ST) 12/2006 — 11/2011 Client Service Manager • Responsible for overseeing daily operations of a 35 Account Manager call center ensuring effective operations • Recruit and train new sales and customer service employees in industry best practices and company policies • Strictly enforce compliance with all applicable laws, industry regulations, and corporate protocols • Provide exceptional customer service and professional guidance in the area of debt management, credit, and bankruptcy • Maintain detailed monthly reports for management concerning budgets, monthly projections, and quarterly goals • Responsible for performance appraisals, deficiency warnings, and conflict resolution for employees • Review and manage all BBB and Attorney General complaints determining appropriate next steps • Monitor department productivity with inbound and outbound calls providing feedback to team leads and supervisors • Author and lead presentations at meetings for clients, employees, and senior management • Train team leads and supervisors in laws governing credit reporting and debt settlement such as (FDCPA) Fair Debt Collections Practices Act and the (FCRA) Fair Credit Reporting Act and (FTC) Federal Trade Commission regulations • Set and strictly enforce budget for the payroll of both salaried and hourly employees • Responsible for final approvals for payment refunds issued to the client • Assist with Debt Tracker and the Debt Manager and negotiate with creditors to reduce cldebt management, credit, and bankruptcy • Maintain detailed monthly reports for management concerning budgets, monthly projections, and quarterly goals • Responsible for performance appraisals, deficiency warnings, and conflict resolution for employees • Review and manage all BBB and Attorney General complaints determining appropriate next steps • Monitor department productivity with inbound and outbound calls providing feedback to team leads and supervisors • Author and lead presentations at meetings for clients, employees, and senior management • Train team leads and supervisors in laws governing credit reporting and debt settlement such as (FDCPA) Fair Debt Collections Practices Act and the (FCRA) Fair Credit Reporting Act and (FTC) Federal Trade Commission regulations • Set and strictly enforce budget for the payroll of both salaried and hourly employees • Responsible for final approvals for payment refunds issued to the client • Assist with Debt Tracker and the Debt Manager and negotiate with creditors to reduce cldebt settlement such as (FDCPA) Fair Debt Collections Practices Act and the (FCRA) Fair Credit Reporting Act and (FTC) Federal Trade Commission regulations • Set and strictly enforce budget for the payroll of both salaried and hourly employees • Responsible for final approvals for payment refunds issued to the client • Assist with Debt Tracker and the Debt Manager and negotiate with creditors to reduce clDebt Collections Practices Act and the (FCRA) Fair Credit Reporting Act and (FTC) Federal Trade Commission regulations • Set and strictly enforce budget for the payroll of both salaried and hourly employees • Responsible for final approvals for payment refunds issued to the client • Assist with Debt Tracker and the Debt Manager and negotiate with creditors to reduce clDebt Tracker and the Debt Manager and negotiate with creditors to reduce clDebt Manager and negotiate with creditors to reduce client