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Debt Settlement Company Relationship

We manage your money independent of the negotiation process

You have contracted with a debt settlement company to help you pay your unsecured debt. In order to be successful, you will need to save money for settlement purposes. NoteWorld can help you save by automatically debiting your bank account each month and holding your money in a secure trust account. Once your debt settlement company has negotiated an acceptable reduction of your outstanding debt balance, NoteWorld will send the payments that you authorize directly to your creditors. NoteWorld helps you save and your debt settlement company negotiates with your creditors. You have two separate companies working for you to help you reach your goal of paying off your unsecured debt.

You and your money are protected:

  • NoteWorld and your debt settlement company are two separate companies with two separate jobs to do
  • You control where your money goes and when your creditors get paid
  • Your money is maintained in a non-interest bearing trust account and cannot be withdrawn or accessed by your debt settlement company
  • NoteWorld separately accounts for your money and answers to you regarding the status of funds being held on your behalf
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