Case Study 9

Client name: 'SL'
Total debt: $ 2500
Enrollment date: 01/20/2009
First payment date: 01/20/2009
Number of creditors: One
Type of creditors: 1 Credit Card from Clout Financial
Client relationship associate: Ralph Brown
Monthly payments: $150
Total amount paid to creditors: $1000
OVLG fees: $100
Date the client became debt free: 3/02/2009

Progress of his case:

SL enrolled with OVLG in January 2009. Within 2 months of signing up, Ralph, the Client Relationship Manager working on her file was successful in negotiating a settlement offer of 40% with her creditor Clout Financial. SL agreed to the offer and the payment was made on the 2nd of March 2009.

SL was debt free in just 2 months.