|Enrollment Date:||08 Jun, 2012|
|Type of Debt: Credit Card, Accounts in Collection|
How OVLG handled the situation?
LG1 enrolled with credit card debt of around $10,000 in June of 2012. Austin Butler, the financial coach, listened to the hardship LG1 had and the problems being faced while paying this debt off. Since Bankruptcy was not advisable for her, the only option left was Debt Settlement to clear this mess. Austin explained the Debt settlement program to LG1 in detail and LG1 enrolled in June of 2012. In six monthsâ€™ time, almost 50% of LG1's debt had been knocked off.
LG1 is very happy with the progress as she did not receive the collection calls. Importantly, she also saved 40-50% as Anthony Robbins, her case manager, has settled her accounts at a very good percentage.
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.