Michael Nikoley
I have been with Provanta for almost ten years. I have worked in just about every position possible from client services, negotiator and sales. For the past several years I've been the I.T. manager and dabbled in internet marketing. In October of 2008 I was handed the daily operations of Provanta as the General Manager.
NEW FTC RULES FOR DEBT SETTLEMENT COMPANIES
September 29, 2010
NEW FTC RULES FOR DEBT SETTLEMENT COMPANIES
On October 27, 2010 all debt settlements companies will be required to conform to the new rules of the FTC .
Following this policy, Provanta has a new program ready to start on October 1st. We see no benefit to either the consumer or Provanta to wait another month to bring our program into compliance with the new regulations.
As of October 1, 2010:
- There is no up front money paid to Provanta
- We have reduced our free from 20 to 15% of the total debt
- Fees are paid upon completion of each settlement
- Authorization of payment for all settlements by the client
Provanta is a leader in the debt settlement industry. We have been in business since 1992. With 17 years of experience behind us we have the expertise to help you become debt free.
For a free, no obligation consultation and quote, please call our toll free number. Our case managers are waiting to help you become debt free.
Monthly Debt Free Clients
September 1, 2010
Total Debt Free Clients August, 2010
- Total Clients Debt Free 4
- Total Debt Settled – $75,311
- Settlement Amount – $36,115
- Savings – $39,196
- Average Percentage of Settlements – 47%
- Average Program Length – 34 months
- Best Settlement – 30%
- Worst Settlement – 80%
Monthly Settlement Statistics
September 1, 2010
For August, 2010:
- Total Debt Settled – $470,048/li>
- Total Settlement Amount – $185,669
- Settlement Percentage – 39.5%
- Total Cases Settled – 95
Monthly Settlement Statistics
September 1, 2010
For August, 2010:
- Total Debt Settled – $470,048/li>
- Total Settlement Amount – $185,669
- Settlement Percentage – 39.5%
- Total Cases Settled – 95
Monthly Debt Free Clients
September 1, 2010
Total Debt Free Clients August, 2010
- Total Clients Debt Free 4
- Total Debt Settled – $75,311
- Settlement Amount – $36,115
- Savings – $39,196
- Average Percentage of Settlements – 47%
- Average Program Length – 34 months
- Best Settlement – 30%
- Worst Settlement – 80%
Monthly Debt Free Clients
August 1, 2010
Total Debt Free Clients July, 2010
- Total Clients Debt Free 5
- Total Debt Settled – $154,704
- Settlement Amount – $74,716
- Savings – $79,988
- Average Percentage of Settlements – 48%
- Average Program Length – 35 months
- Best Settlement – 20%
- Worst Settlement – 70%
Monthly Settlement Statistics
August 1, 2010
For July, 2010:
- Total Debt Settled – $535,424/li>
- Total Settlement Amount – $197,571
- Settlement Percentage – 36.9%
- Total Cases Settled – 88
Monthly Settlement Statistics
August 1, 2010
For July, 2010:
- Total Debt Settled – $535,424/li>
- Total Settlement Amount – $197,571
- Settlement Percentage – 36.9%
- Total Cases Settled – 88
Monthly Debt Free Clients
August 1, 2010
Total Debt Free Clients July, 2010
- Total Clients Debt Free 5
- Total Debt Settled – $154,704
- Settlement Amount – $74,716
- Savings – $79,988
- Average Percentage of Settlements – 48%
- Average Program Length – 35 months
- Best Settlement – 20%
- Worst Settlement – 70%
Monthly Settlement Statistics
July 1, 2010
For June, 2010:
- Total Debt Settled – $327,639
- Total Settlement Amount – $143,833
- Settlement Percentage – 43.9%
- Total Cases Settled – 74