Most banks and credit card companies are not willing to wait two or three years while the consumer
accumulates sufficient money for a settlement, and the debtor then discovers that they are facing legal actions and wage garnishments from their creditors.
Not exact matches
Once the fees were paid, the company would
accumulate the payments until there was
sufficient money available to offer a lump sum settlement payment to one of the client's creditors.
When a
sufficient amount of
money is
accumulated (as determined by the debt settlement company), the debt settlement company attempts to negotiate a settlement with the consumer's creditors.
One other point I should mention is that «switching» from the
Money Market fund, once
sufficient CESG grant has been
accumulated in that fund, to an e-series fund is not considered a pre-authorized purchase, and a minimum purchase of $ 100 of a fund is required.
In a different situation, if you have
accumulated a
sufficient cash value and there is enough
money on your account to cover the premium, you may still want to pay the amount you find appropriate to earn interest which is credited on a tax - deferred basis.
True peace of mind comes from knowing that you were able to
accumulate this
money for yourself and... you have
sufficient term life insurance to protect your family in case of your premature death.
These values reflect the reserve the insurer needs to
accumulate in the early years of the policy's life so that they will have
sufficient money (together with interest earned on the reserve) in later years to pay the promised death benefit while keeping premiums level.