Technology Nets Results

Whenever possible, Provanta uses technology to streamline our debt settlement program and daily operations. We employ everything from totally digital client file storage to a state of the art phone system. We even use technology to make offers to creditors on our clients behalf with the use of automatically generated offers based upon proprietary client database parameters learned over years to get results.

An auto-offer is a server generated fax that is sent electronically to every creditor on each and every account monthly, where at least a set minimum level of funding is available from the client. The auto offers help assist our Settlements Department by efficiently informing the creditors that funds are available to resolve the outstanding debt.

It is also a great way to initiate contact between Provanta and the creditors, and shows the creditors that our client is making an effort to resolve their delinquent accounts.

It works well, too. Just this month, one particular auto offer was sent to a creditor. The current balance on the account was $7,061.39. The auto offer was sent in the amount of $1,467.00, or 20% of the balance. Two days later the creditor called to accept the offer.

(Ref. 1510)

Technorati Tags: debt settlement, debt forgivness

Related Posts

• No Related Post