Client JT1 from NJ saved $3,768

Client Situation

Debt Enrolled: $18,280
Creditor Enrolled: 3
Debt Processed: $10,880
Debt Settled: $5,855
Total Saved: $3,768
Enrollment Date: 21 Oct, 2008
Type of Debt:
Financial Coach:
Client Relationship:

Details of few savings

How OVLG handled the situation?

JT1 contacted OVLG in the month of October 2008 to settle all his credit card debts. His Client Intake Manager was BG. He explained to JT the entire debt settlement program and answered all his doubts and queries.

Finally, with complete knowledge of the entire debt relief process, he decided to enroll himself in the program. The file was then transferred to his Case Manager Oscar Sanchez in order to deal with his creditors.

Oscar started working on his accounts in November 2008, when we received the first payment from the client. Oscar sent all the legal documents (POAs) to the creditors. We successfully settled his first account in the month of February 2009 for 30%.

Finally, the second and last account was settled in June 2009 for 80% and hence the client became completely debt free within just 7 months.

Video Transcription

Hi, my name is ********** and I like to give my testimonial for using Oak View Law Group. When I started using Oak View Law Group I had a total debt between two credit cards of $10,880 and when I finished with Oak View Law Group my total debt was $5,855. So they made settlements that were just about 50 percent of the initial debt that I owed and I chose Oak View Law Group for debt settlement. Four of my first major reasons that I picked them is because they don't charge lot of fees and they don't charge lot of fees upfront. This is sometimes may be wary for debt settlement companies and I found them to be very trustworthy and also I chose debt settlement over debt consolidation because of the amount of money that I saved I wouldn't have been able to do with debt consolidation. Having said that, since this is my first debt settlement that I've ever done, there are some things to consider in during debt settlement and that it can take some time and in my case it took me seven months and you've to be patient during debt settlement and also you've to expect your credit score affected a bit when you do debt settlement. But having said that, I can't think of any other way I could have saved this amount of money and I would like to give special thanks to Oscar Sanchez, he was my contact at Oak View Law Group and he was very patient, intelligent in getting my debt settled and I just want to say thanks again.

  1. * We have changed clients' names to protect their privacy.

  2. The aforementioned are only a few examples of the various cases we deal with. After deducting the settlement fees, these show how much we saved from each creditor.

  3. Please note that the settled amount is neither consistent nor predictable, and it depends on the creditors.

  4. Of the 18466 clients supervised by OVLG to date, 820 cases have not yet been completed. A total of 13167 clients have left the program. Currently, we are working with 2379 clients, and we've also successfully assisted over 6700 clients.

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