Sentences with phrase «based debt settlement program»

Attorney based Debt Settlement program, practicing in 47 states.

Nowadays, debt settlement companies must use a performance based debt settlement program.

That's good news... Nowadays, debt settlement companies must use a performance based debt settlement program.

However, if you are enrolled in one of Debtmerica, LLC's, affiliate's attorney - based debt settlement programs, then Debtmerica, LLC and / or its affiliate may receive fees prior to any settlement being obtained with a creditor.

Not exact matches

If your firm is looking for new ways to recognize real value from collections files, trying to locate or contact consumers motivated to settle their debts and who are funding trust accounts for this purpose on a monthly basis and if your firm is seeking an enhanced layer of security and compliance when dealing with third parties in the debt settlement industry, consider a strategy focusing on consumers enrolled in debt settlement programs and select a commercial vendor that aggregates this data to make the process of working with this industry more efficient, compliant and profitable.»

Debt settlement program fees are typically either based on the original balance or the current balance at the time of settlement.

Back ten - years ago consumers were ripped off by scandalous debt settlement companies on a regular basis, now the Federal Trade Commission stepped in and started regulating these programs.

Pacific Debt Inc.'s programs are performance based; in other words, no fees are collected until a settlement occurs.

Debt settlement allows a consumer to pay off credit card debts and all unsecured debts at a reduced amount, based on their hardship and through our debt negotiation progDebt settlement allows a consumer to pay off credit card debts and all unsecured debts at a reduced amount, based on their hardship and through our debt negotiation progdebt negotiation program.

New York (NY) debt relief, settlement, and consolidation programs give you the power to make a choice based on what suits you best.

There are six different programs available ranging from income - based to hardship programs.You don't have to fall behind on your payments for any of these programs to work, like with other common debt relief programs such as debt settlement.

Debt Settlement is a savings - based program, which means our first goal is to help you save up funds to pay off a portion of your dDebt Settlement is a savings - based program, which means our first goal is to help you save up funds to pay off a portion of your debtdebt.

The primary consumer protection problem areas that have given rise to the States» actions include: (1) unsubstantiated claims of consumer savings; (2) deceptive representations about the length of time necessary to complete a debt relief program; (3) misleading or failing to adequately inform consumers that they will be subject to continued collection efforts, including lawsuits, and that their account balances will increase due to extended nonpayment under the program; (4) deceptive disparagement of consumer credit counseling; (5) deceptive disparagement of bankruptcy as an alternative for debtors; (6) lack of screening and analysis to determine suitability of debt relief programs for individual debtors; (7) the collection of substantial up - front fees so the debt relief company gains even if it fails to perform; (8) lack of transparency and information for consumers as to payment of fees, status of accounts, and communications with creditors; (9) significant delays in active negotiation or engagement with creditors, coupled with prohibitions on direct consumer communications with creditors; and (10), in the case of debt settlement companies, basing savings claims (and settlement fees) not on the original account balance, but on the inflated amount due (including late fees and default rates of interest) at the time of settlement.