While you're building up your funds, the company or lawyer you've selected negotiate with your creditors in an attempt to lessen the total amount of debt that you owe.
When a settlement is reached, the funds that you have been setting aside go toward paying your creditors and negotiation fees.
You can connect with Michael in the comments below, and often by phone when you fill out a consultation request form on this site.
The top performers in our review are National Debt Relief, the Gold Award winner; New Era Debt Solutions, the Silver Award winner; and Accredited Debt Relief, the Bronze Award winner.
(as after 4 years they legally cannot collect on it) Part B: Is there a point in settling a collection/charge off account (if this is reporting under different collection agencies), if the original DLA expired on the original bank account, or is there no way to stop them from selling/assigning and selling again to new collections..how can I permanently stop this process?