While it varies from person to person, the average debt resolution program lasts two to four years. How long your program takes depends on a few factors, including how much money you deposit in your account every month. You can start paying off debts when you’ve saved enough money to cover the amount negotiated in the settlement. The more money you can add to your Dedicated Account, the quicker your debts can be settled.
Keep in mind: Making all program deposits consistently and on time is the most important thing you can do to ensure a successful plan. Missing payments towards your debt resolution program can stall your negotiation process as there won’t be enough funds in your Dedicated Account for us to leverage in negotiations.