We were able to negotiate a great settlement for this account, but you did not have enough money in your account to satisfy the settlement in a lump sum, therefore, we are making monthly payment arrangements to them to satisfy the settlement amount. This could also benefit you in the way that we can begin […]
In many cases, a creditor agrees to a settlement that is paid over time through a series of installments. While the settlement has been successfully negotiated and accepted, the debt is not considered fully satisfied until all agreed-upon payments have been made to the creditor. As a result, you may continue to see scheduled drafts […]
We worked with you to establish an estimated program length based on the best information available to us at the time. There are many factors that impact whether a client’s program is shorter or longer than we project at enrollment, such as the creditors willingness to settle your current escrow balance, and your drafting history. […]
Our fee is typically roughly 25% of the debt that you enrolled at the time you enrolled. Remember: no fees are collected up front. We don’t collect anything until we render service and until the payment is made to the creditor, then DebtBlue will collect its fee but only for that resolved account. In addition […]
Our typical program length is about 32 months, and our typical client will graduate about a month or two early from their program. Actual dates depend on whether you have had any changes to your program or if anything has changed with your participation in depositing funds in your special purpose savings account. So the […]
