The purpose of the program is to negotiate down the balance of your debts. We do not make monthly payments to your creditors. As you begin to save money each month, our negotiators will begin negotiating your debts with your creditors. As we get offers, we will relay them to you and you will decide whether to accept or decline the offers. Once you approve an offer, you will authorize payment to the creditor.

The program will have a negative effect on your credit. How severe your credit will be affected depends on your situation prior to enrolling. As settlements are paid, you will receive documents showing that the creditor has been paid and the account is at a zero balance. As your accounts are settled and your debt ratio improves, your credit rating will begin to re-establish, provided that the rest of your credit is clean. The main focus of our program is getting you out of debt as soon as possible!

Anytime you are unable to pay your creditors, a creditor/collector has the right to call you. We will provide you with information in your Welcome Package which will help you in dealing with collector calls. It is important that you follow those instructions if you are receiving too many calls and it is extremely important to always communicate with your Account Manager about the calls you are getting. Your Account Manager will help you to slow the calls significantly, but you must follow the instructions they give you. We’d also like you to be aware that there are laws in place which protect you from creditor harassment. It is the belief of the law firm that our clients must be protected from unscrupulous collectors who violate state and federal collection law. For this reason, all clients of PLG receive free legal representation in the event that it is determined that the collector violated FDCPA law. The law firm will provide an attorney, at no additional cost to you, to file suit against the collection office or creditor once the violation is proven to have taken place.

Any time you are in hardship and unable to pay a creditor, you can be sued. This can happen whether you are on our program or not. In the event you do get sued, make sure that you fax the documents to us immediately. While we are not able to stop a creditor from suing you, we will definitely be able to begin negotiating your account and attempt to close it out ASAP. Once we receive the documents on our end, we will immediately contact the creditor to negotiate. We will also contact you within two business days to discuss everything. If you don’t fax the documents to us within the appropriate timeframe, it may be more difficult to settle with the creditor. Keep in mind that PLG is a law firm with attorneys in all 50 states and in the event you do get sued, we can always get you on the phone with your state licensed attorney for some legal advice.