Wouldn’t it be nice to get
all this AND a company that made their compensation
directly proportional to how much money they saved you?
Freedom Financial law has the program and people to do
all this for you.\
Summary of a Debt Settlement Program
A frank and realistic
review of your monthly cash-flow budget determines what
you have to work with, and how you can immediately make
modest changes to free up cash-flow for your program.
Usually, this frees up monthly cash for you, so you are
more comfortable in making ends meet. Immediately your
sense of comfort and confidence makes life in the family
better.
Then, we calculate what
amount of debt settlement deposit you can make to your
trust account each month to accumulate funds for
settlements. We review how your income may be going up
or down in the future, and set your program term for
24-36 months. Again, no NEW money is required. All our
clients choose to use the “debt service” funds they have
previously been (unsuccessfully) trying to manage their
debt with. Of course, your settlement trust account
funds are kept in a federally insured bank account, and
you receive monthly statements showing all transactions
on your account and balance of funds available for
settlement.
When creditors call to
inquire of your new debt elimination plan, all contact
and responsibility for communicating with and working
with these creditors is assumed by Freedom
Financial Law’s
professional and experienced negotiation staff. Due to the heavy-handed collection tactics of creditors,
animosity always arises, so clients are not asked to
“help” at all with negotiations. You have a life to
live, a family to care for, and we leave you free to
concentrate on that, and making a living.
We can teach a
professional to negotiate, but no one can teach
experience, and no one can buy the established
reputation of honesty and trust that our negotiation
staff has slowly cultivated over years and years of
working with the same creditors over and over again.
Because of this trust, our negotiation staff can often
work out short-term payment plans on your larger debts,
and still obtain the 50-75% discount of the amount owed!
Overall, our negotiation
staff has the experience and the relationship with the
credit industry so that we can persuasively plead your
hardship situation to the creditors. In doing this, we
are able to demonstrate that what is in your best
interest is also in the creditor’s best interest.
Also, our negotiation
staff knows that the creditor does not want a
“government run” settlement (that is, a Chapter 13
bankruptcy plan). The creditor recognizes that our
technique is like a “privatized” Chapter 13, but without
all the negatives (eg. 5 year administration of small
payments, attorney fees, ruined credit).
Also, should additional
legal representation be needed on a local level, as a
member of the Christian Legal Society, we have reference
to trusted attorneys that agree with us (and our client)
in spirit and philosophy of the work we do.
