The Perfect Client

What makes a perfect debt settlement program? Many times, the success of a debt settlement program is a direct result of having “the perfect client.”

One client in particular is in the process of having their last case settled for about 30% of the current balance, completing a program with total debt claims in the amount of $30,787. Total settlement on the six accounts in the program was $11,659. What makes this client perfect? They’ve completed their program with no insufficient funds drafts, no lawsuits, no trouble following the rule to let Provanta do the talking with the creditors, and they did it in 3 and 1/2 years.  Their overall settlement percentage just prior to this final success was about 40%. Now, and this last done deal will bring it down to an even lower overall percentage of 37.87%, with total savings of $19,127 (excluding fees).

But how can “no lawsuits” be credited to the client, and not to Provanta? Well, in truth, it’s both; but we have learned over the years that the clients who tend to have creditors and collectors occasionally opt for the legal collection route, instead of, or even as a “hard line” prelude to settlement, are those clients who often fail to set aside their programmed settlement money every month and/or insist on communicating with the collectors themselves instead of allowing Provanta to do its job most effectively.

Debt settlement works! But it requires a client to understand the program, and follow it.

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