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Frequently Asked Questions
What does your company charge?
We have an initial retainer and a commission that is based on results. We guarantee you that we will get results of settlements or plan to deferred payments on your outstanding commercial business debts, or your retainer is refunded. Simply put, that is a 100% no risk service.
Who holds the money?
You will have two options: you can hold the funds yourself or we offer a trust account that is FDIC insured where the funds can accumulate for you. Either way, you will stay up to date with the availability of your funds so that we can effectively restructure the outstanding debts.
Does this program have any affect on my credit?
A companies credit is related to its ability to get credit, also to take on new debt. If your debts or accounts payable are near a point of concern, the best solution for your business would be to let us help you reduce and restructure these debts. The most common result is an increased cash flow.
Does your program affect my relationships with my vendors?
Most likely your vendors will want your company to stay in business, this is how they make their money. Additionally, when debt settlements are reached, the creditor is able to deduct off of their taxes the amount of debt that was forgiven. We help you prioritize the different vendors to make sure that everything possible is done to make sure that the vendors that are critical to the operation of your business are kept supplying your business with the key goods and services. Other creditors are paid an agreed-to-amount, most of the time it is as low as possible.
Are you able to send some information on your company?
You can review the Sample Settlement Letters. Since you are already on the website reading about the company, you already have an electronic brochure!
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