The CCR Solution
Individually designed programs
This is not bankruptcy or consumer credit counseling, this is the original Credit Card Relief™ program. All prospective clients are assigned a Local Participating Program Attorney who reviews every file before admission to the program. We want to make sure that this program and more importantly the solution prepared for your family’s financial situation is right for you.
Using this system of personal program design and consultations with the Local Participating Program Attorneys we have successfully settled over $150 million of consumer debt; helping thousands and thousands of people get out of debt in months instead of years all while saving thousands of dollars.
How it Works
- Debts lose their value as they age
- The Local Participating Program Attorney consults with you about a plan to eliminate your debts at a discount as funds are accumulated in the Trust
- At the right time, usually just before debts are going to be charged off, an offer is made (subject to funds available in the Trust)
- The Local Participating Program Attorney makes an offer to creditor when funds are available
- A family expense analysis tracks your progress in the program
- Your Local Participating Program Attorney is available for consultations anytime during regular business hours
One of the most important steps in the process is the Underwriting and Credit Analysis. This is where, with the help of your underwriter, we create a detailed financial snapshot of your income and expenses and together determine how much of your monthly income can be paid each month into The Enrolled Members Trust for the future benefit of your creditors. This Trust is administered by a National Bank serving as the third party independent Trustee. Only you and the Trustee have access to your funds accumulating in the trust.
When enough funds have accumulated in the Trust to make a discounted settlement offer on one of your enrolled debts, the Local Participating Program Attorney generates an offer to your creditor, verifying again that there are sufficient funds in the Trust to pay for the settlement. Typically our clients' debts are settled at a discount of 25% to 40% of the balance owed at the time of settlement.
...and so the process continues one card at a time until you become debt free
Getting Started
Podcasts
- Welcome to Credit Card Relief
- Collection Calls and How to Handle Them
- Family Budgets Made Fun & Easy
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