Partners
Debt Settlement Services
We offer Debt Settlement, and Credit Services that are designed to promote the clients stability, education and responsible use of credit. While we may be lumped in with debt management by category, we are not a debt management agency.
What is Debt Settlement?
Debt Settlement is a professional process of negotiating with your clients’ unsecured creditors to accept an amount as settlement for less than full balance - usually between 40% to 50% of the balance!
We begin negotiating with your clients' creditors and we exchange with them a series of offers and counter offers. We make an offer, they make a counter offer, and so on. This process can be short, or lengthy.
Once the terms and amount are agreed upon in writing, the creditor is paid with a conditionally-endorsed, certified check from your clients' settlement escrow funds. This check is attached to a binding settlement agreement and sent to the creditor, and repeated until all creditors have been settled. For affordability, we offer our clients flexible monthly arrangements of up to 36 months.
We believe in increasing the financial literacy of members of the community. This means moving from fear and ignorance to a place of empowerment. By strengthening the fundamentals of savings, credit and low debt-to-income, we want to move customers closer to the dream of homeownership and during a time when terms are most favorable for them, or retaining a home that is already in distress.
What Makes Legacy Different Than the Others?
1. Exceptional Customer Service. We pride ourselves on our outstanding customer service, and strive to offer the best in the industry. Our paralegals are friendly, knowledgeable, and happy to address any concerns and answer any questions you may have. We treat all of our valued clients as individuals and will tailor your case to meet your specific needs.
2. Experience and Expertise. Legacy has over 19 years experience. No other Credit Services company, Debt Settlement company or law firm in the industry can match our history. Several years ago, Legacy partnered up with John Buckley, an attorney who was a pioneer in the credit repair and debt settlement trades. John has a thorough knowledge and keen interest in credit issues and continues to study current legislation. As an attorney, who specializes in credit and consumer law, John is able to concisely interpret legislation from which he formulates strategies to best serve our clients. He then passes that information on to our team of paralegals, who handle all client cases. Although we are partnered with an attorney, and are currently working on establishing other attorney affiliations, we are not a law firm and don't claim to be.
3. Values-Oriented Company. All team members are held accountable to standards such as:
- All individuals are to be treated with the highest respect.
- Maintain an environment that thrives on quality, innovation, integrity and a commitment to do our very best.
- Anticipate changes and continue to evolve in order to meet challenges in the marketplace.
- Make a difference by never losing sight of our team commitment for championing the individual.
Our debt settlement specialists are knowledgeable and helpful.
They can answer any questions you may have regarding the settlement process. Have a list of your clients' creditors and their balances nearby when you call. During the call, you can receive a free quote and select one of many plans that best match yours and your clients' needs.
