Holiday Season
September 3, 2008
The holiday season is approaching fast. During this time is it common for a client to “break” and use a credit card for a Christmas gift or to apply for one in order to purchase gifts.
Please keep in mind a creditor can tell if you have applied or used a credit by accessing a credit report. This is not something that will remain a secret and can compromise negotiations on your accounts. Please stay on track this season and stick to the rule.
If you don’t have the cash, don’t buy it.
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Good Settlement
September 3, 2008
You never know when a creditor or collector is having a particularly bad month. We spoke to a collection agency regarding a clients accont on Monday 8/25/08. Our negotiator made them on offer of $1,937 based on the funds we had available. They turned their noses up at it.
They called back just two days later on 8/27/08, and with the end of the month looming, they accepted the settlement. The clients saved $6,988 and we settled their account for just 21%.
Technorati Tags: debt settlement results, debt settlement percentages, debt settlement offers, debt negotiation process
Weekly Debt Free Clients
September 2, 2008
Total Debt Free Clients July 28 - August 1
- Total Clients Debt Free - 1
- Total Debt Settled - $25,472
- Settlement Amount - $13,582
- Savings - $11,890
- Percentage of Settlements - 53%
- Program Length - 37 months
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Weekly Settlement Statistics
September 2, 2008
Total for the week of August 18-August 22, 2008:
- Total Debt Settled - $123,225
- Total Settlement Amount - $45,078
- Settlement Percentage - 36.6%
- Total Cases Settled - 23
Best Settlement:
- Current Claim - $5,022
- Settlement Amount - $1,021
- Percentage - 20.3% (negotiated with a original creditor)
Worst Settlement:
- Current Claim - $11,774
- Settlement Amount - $9,000
- Percentage - 76.4% (negotiated with an original creditor)
Technorati Tags: debt forgiveness, debt settlement
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