Client Situation
Enrollment Date: | 02 Dec, 2011 |
Debt enrolled: | $47148.47 |
Creditor enrolled: | 9 |
Debt processed: | $40764.15 |
Debt settled: | $7475.74 |
Total saved: | $24966.31 |
Type of Debt: Credit Card, Personal Unsecured Line of Credit |
Financial Coach: | |
Client Relationship: |
How OVLG handled the situation?
DF & AF contacted OVLG to settle their debts in the month of December 2011. Their client intake was Charles Johnson. He explained the entire program and answered all their doubts and queries. Finally, after understanding the pros and cons of entire process, they decided to enroll in the program. Their file was transferred to Nita Baker in order to deal with their creditors.
Nita started working with the creditors as soon as they made their first payment. The letters of representation were sent to all the listed 9 creditors. DF & AF has now completed the program successfully and can lead a debt free life now. They both are extremely satisfied with the services by OVLG as they got as much as 81% reduction on the amount they owed to their creditors.
Video Transcription
2. Out of the many cases we handle, the above are few sample instances only. These depict how much we have saved from each creditor after deducting the settlement fees.
3. Please note that the negotiation amount is neither constant nor predictable. It depends on the creditors completely.
4. Out of the total 18466 clients managed by OVLG till date, cases of 820 clients aren't complete yet. 13167 clients have dropped out of the program. We're working with 2379 clients currently. We have also helped 2100 clients successfully.