Experience Counts
The product that you, the consumer, is purchasing is a personal debt settlement program. In order to give as much value as possible to our debt settlement system, we hire and provide an optional support of the software to assist the customer with making non-legal informed choices. As part of that process, we contract and work with independent state contract attorneys whose function is to assist you, the consumer, with making legal choices. It is this combined team which gives you, the consumer, better service and better choices.
HOW IT WORKS
Your money is placed into an escrow account in the subscription customer’s name. However, that independent contractor attorney will have no rights to make any distributions of settlement funds without the express consent and direction of you, the consumer. The functions of the independent contractor state attorneys are to review any settlement documents and answer any software questions that may be expressed from the subscription customer.
Once a settlement has been reached, it will be up to the sole discretion of the subscription customer as to whether or not they wish to accept the settlement or continue negotiations. If you, the consumer, decides to accept the settlement, then the subscription customer will direct the escrow account through to pay off the settlement directly. Therefore you, the consumer, are the sole person in charge of distribution of any funds.
WHY WOULD CREDITORS WISH TO SETTLE?
In plain and ordinary language, you must have a legitimate financial hardship. If your financial hardship becomes too extreme, you may have to go into bankruptcy. Once an unsecured creditor has a customer going to bankruptcy, the value of their debt is significantly reduced. Creditors need a reason to negotiate and settle your debt. Creditors do not want you to claim bankruptcy especially if you can show a legitimate financial hardship. Previous attorney models have argued that they will find technical violations of various federal and state statutes in order to relieve you of your debt. This has been commonly referred to as the Kennedy/Hess model which has been routinely refuted as a fraudulent scam. We do not audit your files or look for technical violations of rules. What our automated debt settlement software program and system does is pool your legitimate financial hardship with thousands of other similarly situated people in order to negotiate with the creditor to make the debt affordable for the average person to hopefully avoid bankruptcy.
It is well understood that most honest people are sincerely worried about the possibility of being sued by their creditors. What is not commonly known is that there are institutional buyers who buy and sell debt every day. A program has been developed which can utilize this institutional buying system in order to maybe avoid the possibility of being sued by a creditor. In effect, this program, through the third party funding or secondary markets process, may be able to achieve peace of mind for what is the most significant fear plagued by today’s silent majority of debtors.
We have contacts with companies who are developing an exchange where debt can be purchased and resold at a wholesale value through institutional buyers and sellers. Participation in this program has no additional costs or fees beyond your original contract signed with your debt settlement company.
In plain and simple language, an institutional buyer is buying the debt at a much reduced rate from the original creditors, therefore, they can settle with you at significantly less money that what you owe and still make a profit.
If you wish to participate in this program you must call us Toll Free at 1(888)554-3848 or complete our Contact Form.
OUR SUPPORT SYSTEM
Our customer service, arbitration and other departments are here to assist you, the subscribing customer with non-legal questions. The personal automated debt settlement software will draft letters, send out requests and demand settlements on behalf of you the consumer. In order to help the consumer with your subscription to the personal debt settlement software in your negotiating process with the creditors, we provide an attorney which is licensed in each state as an option for the consumer. Our relationship with this independent contractor attorney is simply that of a referral. We do not control the decision-making of this lawyer or limit their functions.
This independent contractor attorney will have an attorney-client relationship with the customer of the automated debt settlement software subscription. These independent state contractor attorneys are not specialized or expert in any particular field. Their role is to help the consumer with making informed choices through the use of their education and knowledge as attorneys. They are not providers of debt settlement services and they are not debt settlement companies. None of these independent state contract attorneys have any specialized knowledge, training or education beyond that of a licensed practice attorney in good standing. We strive to find attorneys who have a very small portion of their practice dedicated towards debt adjustment. In such cases, it is for this reason, that these independent state contract attorneys will be providing legal advice which is incidental to the normal course and scope of their business and they are in no way employed by a debt settlement or debt management company.