While enrolled in the Debt Resolution Program, funds accumulate each month in the dedicated account that is administrated by American Payment Technologies (in lieu of making payments to those creditors). When the balance is adequate to approach a creditor, the settlement organization negotiates the client's unsecured debt to a figure that is considerably lower than the current balance. Funds continue to accumulate in the dedicated account and additional settlements are reached until all Debts are paid.

Because these settlements are often made on a “Lump Sum ” basis, the settlement organization is able to secure discounts that are far beyond those that are normally attained by an individual or most legal firms. The average Debt Resolution Program client completes the program in 24 to 36 months. Debt is reduced by 40%-60%, which often results in thousands of dollars in client savings.

Throughout the program, clients receive monthly statements detailing both their overall account status and any creditor activity. The Debt Resolution Program is truly developed from the client ’s perspective.

Ideal candidates for the DRP are individuals who:

    • are unable to make regular payments to creditors
    • currently experiencing collections
    • have past due accounts
    • have overwhelming debt

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