July Week 3 Settlement Data
posted by Mike Clark on 7/18/2008 9:47:52 AM
Accounts Settled: 63
Debt Settled: $442,101.14
Amount Paid: $167,035.26
Average Settlement: 38.6%
Best Settlement:$3,872.55 settled for $2,906.66
Worst Settlement:$6,344.83 settled for $1,007.25
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July Week 2 Settlement Data
posted by Mike Clark on 7/18/2008 9:42:29 AM
Accounts Settled: 44
Debt Settled: $304,313.31
Amount Paid: $111,604.61
Average Settlement: 38.4%
Best Settlement: $7,996.88 settled for $1,200
Worst Settlement: $3,872.55 settled for $2,906.66
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US News - Weighing the Benefits of Debt Settlement
posted by Mike Clark on 7/16/2008 3:02:03 PM
U.S. News released an article today explaining Debt Settlement and the benefits to consumers. The importance of debt settlement is for the companies clients to get out of debt. A big thank you to Kimberly Palmer for a well written and informative article.
The original article
Weighing the Benefits of Debt Settlement can be found here.
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July Week 1 Settlement Data
posted by Mike Clark on 7/7/2008 2:41:03 PM
Accounts Settled: 18
Debt Settled: $135,343.90
Amount Paid: $47,889.94
Average Settlement: 35.38%
Best Settlement: $7,996.88 settled for $1,200
Worst Settlement: $5,395.26 settled for $2,700.00
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June Settlement Data
posted by Mike Clark on 7/3/2008 8:50:48 AM
We believe it's best to not only tell you that debt settlement works, but to show you as well. June was a good month for our settlement department.
Accounts Settled: 64
Debt Settled: $528,684.22
Amount Paid: $190,391.06
Average Settlement: 40.8%
Best Settlement: $23,777.84 settled for $3,000
Worst Settlement: $824.29 settled for $673.94
If you have any questions about this or would like to see an example of a debt settlement letter, contact one of our debt analysts who can help you decide if debt settlement is the right choice!
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Lady Belvedere Enterprises Receives 2008 Best of Plano Award
posted by Mike Clark on 7/3/2008 7:05:26 AM
WASHINGTON D.C., July 2, 2008 -- Lady Belvedere Enterprises has been selected for the 2008 Best of Plano Award in the Loans category by the U.S. Local Business Association (USLBA.
The USLBA "Best of Local Business" Award Program recognizes outstanding local businesses throughout the country. Each year, the USLBA identifies companies that they believe have achieved exceptional marketing success in their local community and business category. These are local companies that enhance the positive image of small business through service to their customers and community.
Various sources of information were gathered and analyzed to choose the winners in each category. The 2008 USLBA Award Program focused on quality, not quantity. Winners are determined based on the information gathered both internally by the USLBA and data provided by third parties.
About U.S. Local Business Association (USLBA)
U.S. Local Business Association (USLBA) is a Washington D.C. based organization funded by local businesses operating in towns, large and small, across America. The purpose of USLBA is to promote local business through public relations, marketing and advertising.
The USLBA was established to recognize the best of local businesses in their community. Our organization works exclusively with local business owners, trade groups, professional associations, chambers of commerce and other business advertising and marketing groups. Our mission is to be an advocate for small and medium size businesses and business entrepreneurs across America.
SOURCE: U.S. Local Business Association
CONTACT:
U.S. Local Business Association
Email: PublicRelations@USLBA.net
URL: http://www.USLBA.net
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Coming Soon
posted by Mike Clark on 7/2/2008 7:54:34 AM
Debt Settlement statistics will be available shortly. We are going to go above and beyond showing just the good, and reveal to our clients and potential clients both the best and worst settlement as well as a running total for the month and year.
Stay tuned, information is coming soon!
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David Says : Why Would A Creditor Agree to Accept Less?
posted by Mike Clark on 6/18/2008 2:33:24 PM
Q. Why Would a Creditor Agree To Accept Less?
A: The primary reason a creditor will accept a settlement is because it is cost effective for the creditor, plain and simple. The degree of the discount (how much they will forgive) will vary case-by-case; therefore, a creditor will take into account many factors when determining their bottom line on accepting a settlement.
The primary factor creditors take into account is what percentage of the debt is likely to be collected in the future if they do not accept an offer now. The other factor creditors look at is what is the likelihood of collecting the full debt through normal collection activity or through the legal system.
Before they agree to any settlement, they will often take into account, debtor's income, the state they live in, the age of the debt, type of debt, debtor's assets, etc.
Professional negotiators will put a case together that will make the creditors understand that it is in their best interest to settle the debt and accept their offer.
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Romance on a Budget - Inexpensive Dates.
posted by Mike Clark on 6/16/2008 12:30:59 PM
Debt happens. As a whole, our society has been caught up in the bigger, better, faster, more expensive thought process that has brought about so much debt. Coupled with banks that have precisiely calculated measures to put you on the edge of financial suicide there comes a point where life suffers. We all want happiness, romance, a great and fulfilling life and to be able to provide the neccessities to our spouse, partners, and children, but at what cost.
Every city is different, but there is a very pretentious crowd in Dallas that I see does place emphasis on where you eat, what you drive, all of the things in life, but no one is being taught how to have a great time on a budget. I recently read through a post from Debt Advice Trust, a debt counseling agancy out of the UK, that highlights ways to keep the romance on a budget.
1. Go for a picnic - romantic gestures do not have to be expensive and taking a date on a picnic in the park with some homemade goodies is not only cheap but incredibly thoughtful - a sure fire winner.
2. Rent a film - with some cinemas now charging up to £12 per screening it's a miracle any one can afford to go. By renting a film you can set the mood in your own home, will not have to deal with annoying children kicking your seat and of course if the film is really good you can watch it again and again without incurring the cost.
3. Go to a museum - forget the cliché there is a reason why people take dates to museums, not only do they make you look ‘clever and cultural like' but they give you something to talk about together that could ease your nerves and encourage conversation. More importantly, they are free.
4. Go for a romantic walk in the park - sounds obvious doesn't it, but not only can a walk in the park be extremely romantic, it can help improve your exercise regime and of course is free so will save you money.
5. Cook at home - Save money on stuffy, expensive dining costs by staying at home and impressing your date with your culinary skills. Light the candles cook up a storm in the kitchen and watch as your date thinks you are the best thing since sliced bread - excuse the pun.
These are all excellent ways to keep the romance on a budget. Debt does not mean that your life has to stop, but does require some adjustments to get out of debt. Analizing the way you live and spend money could save your financial life.
The focus of Total Debt Services is on unsecured consumer and business debt, however, there is an overwhelming need for student loan consolidation. Due to laws and regulations there are some things that a debt settlement company cannot help a consumer with. Student loans are different from unsecured debts and require a different skillset, contact list and education. As a service to consumers we have talked with and screened several companies that claim to consolidate student loans and reduce monthly payments. After a long process we have chosen to back Consolidation Campus in their efforts to assist consumers.
Reduced monthly output through student loan consolidation is one way to free up cashflow to resolve other outstanding debts such as credit cards, mortgages, medical bills, and car payments. For a free no obligation analysis of your financial situation and to determine what the best options are for you in reference to your unsecured debts, Call Now 866-671-DEBT.
