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Debt Consolidation Power of Attorneys

Date: Fri, 02/08/2008 - 16:58

Submitted by anonymous
on Fri, 02/08/2008 - 16:58

Posts: 202330 Credits: [Donate]

Total Replies: 1


?How are debt consolidation companies able to negotiate on your behalf?

Do they need a power of attorney or what


Yes, you sign a limited power of attorney giving them the ability to negotiate with your creditors and creditors agents on your behalf. You also fill in change of information forms adressing the new contact information for the account to the negotiation company.


lrhall41

Submitted by on Fri, 02/08/2008 - 17:43

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