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Debtconsolidationcare.com - the USA consumer forum

debt negotiation

Date: Fri, 07/20/2007 - 08:07

Submitted by anonymous
on Fri, 07/20/2007 - 08:07

Posts: 202330 Credits: [Donate]

Total Replies: 1


After an attorney negotiates your debt down do you still pay the creditor or are they paid out of the money you pay the attorney?


The debt negotiation company will open an escrow account where you will put in the monthly payments. During this time, they will be negotiating with your creditors for a lower pay off. It may take some time until your proposals are accepted by the creditors. Once it????????s done, funds from your escrow account will be used to clear the debt


lrhall41

Submitted by orake on Fri, 07/20/2007 - 18:17

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