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The dreaded universal default clause is what put soNovember 8, 2008 on 3:37 pm | In Finance | No CommentsThe dreaded universal default clause is what put so many consumers in such a bad financial spot. You need to feel secure with the individual you are speaking with as well as the debt settlement company. If they are being pushy and trying to get you to sign a contract within the first 10 to 15 minutes of the conversation you need to be careful. Tags: 15 minutes, consumers, debt settlement, settlement company, universal default clause The next topic of debate involving settlement companies andOctober 27, 2008 on 2:35 pm | In Finance | No CommentsThe next topic of debate involving settlement companies and law firms is how the collection activity is taken care of. Part of the debt settlement course is the client must fall behind in order for the creditor to be willing to settle. Now ofcourse your must understand these creditors are not just going to go away, you will no doubt be getting collection calls to some extent. A debt settlement company cannot do anything about the creditors calling. But a law firm can issue a statement of attorney retention to make the collectors by law to deal only with the law firm and not the client in terms of collecting the debt. Tags: creditor, creditors, debt settlement, law firms, no doubt, settlement companies, settlement company |
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