CREDITOR NEGOTIATIONS:
Creditors
and collection agencies can be extremely ruthless when it comes to trying
to collect for a debt. They may call you at all hours and may even call
you at work demanding payment. These kinds of tactics can put a lot of
stress on you. DEBT BUSTERS has a lot of experience when it comes to negotiating
with creditors and bill collectors.
Our fees for
negotiating charge off or collection is 15% of the amount of savings to
you.
EXAMPLE: Lets say you owe a creditor or collector, the amount
of $6000.00, If we negotiate(and it goes to charge off or collection),
the creditor or collector is willing to accept $2500.00 to settle the
account, you would have then saved $3500.00. DEBT BUSTERS fee would be
15% ($525.00.) of the $3500.00 that we saved you from paying the creditor
or collector. That means you would pay $3025.00 total, $2500.00 would
go to the creditor and $525.00 would be DEBT BUSTERS fee on a previous
debt of $6000.00.
Part of the
service when we negotiate for you, is a more positive mark or positive
rating on your credit report. Truth be told, this is not always possible
but is always part of our negotiating sequence. We promise to treat your
accounts like they were our accounts.
If you want your interest or payments lowered on your accounts, please contact our office for more information.
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