LSG’s debt settlement program is simple. Based upon what clients are able to set aside and save each month in their trust accounts, the company can determine how many months clients will be a part of the program, and ultimately determine when they will be free of credit card debt. Upon enrollment, the company will draft cease and desist letters for clients to forward off to the creditors. This will advise the creditors to only contact them through mail. Reaching a settlement can be a very lengthy process, and usually takes several phone calls and communications with creditors. Once a settlement offer has been reached, and the client have agreed on this amount, the company will obtain that settlement offer in writing from the creditor. They will then authorize a check to be distributed from client’s trust account and overnight this to the creditor.
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