How To Choose A Debt Consolidation Company? - Oakviewlaw - Presentation Transcript
How to choose a debt consolidation Company?
Is it a law firm? There are a lot of companies on the internet who claim to help you get out of debt. Ask yourself, "Who will the creditor work with, a company or a law firm?". OVLG is a law firm registered with the California bar association.
Is the fees contingent on success?
Good, now that you have narrowed your choices to law firms, ask yourself, "When do I pay my fees?" Be wary of law firms that want you to pay their fees upfront before any results are delivered. At OVLG we pride ourselves on being a reasonable and fair cost law firm. We also collect the majority of our fees once we deliver savings to you.
Is it a BBB member and how many complaints do they have?
BBB is a national organization committed to advancing marketplace trust. Their accreditation is an honor and a commitment. It evaluates businesses against their standards which clearly speak to the character and competence of an organization. Rule of thumb, fewer complaints the better.
Do they have success stories to show?
A firm should display success stories, they serve both as proof and encouragement. At OVLG the success stories are displayed on our website. You can also read the latest testimonials.
Is money saved in a trust account?
We create a trust account in your name. You earn interest on it and you own it. You can ask us to refund the trust account balance to you at any time. You can see the balance in your trust a/c 24/7. For the firm, maintaining a trust account creates a lot of regulatory compliance issues. We still do it since you got into debt due to inability to manage money. When there is a settlement offer from the creditor there is a higher probability that your trust account will have the balance due to the discipline that saving each month imposes
Do you have complete online access to your file?
You do not want to be in the dark about your case once you retain the firm. It helps to feel involved in every step of the battle against debt. At OVLG you have complete access to your client file right here on our website.
How soon are the creditors contacted?
There are firms that will make you wait for months before your creditors are contacted. At OVLG your creditors are contacted within 2 working days of receiving a small retainer payment.
How often can you talk to your attorney? At OVLG our attorney phone numbers are made public on the website. Our clients are welcome to call our attorneys as often as needed.
Are you shoe horned into a specific option or is your situation analyzed for the best option for you ?
Most firms specialize in one of 5 options to become debt free. When you
call them they will convince you that their specialty is the best option for
you regardless of your unique financial situation. At OVLG we analyze your specific problem to recommend the most suitable solution. We specialize in each of the 5 options. Hence there is no conflict of interest in recommending whichever option is ideal for you.
For more details visit http:// www.ovlg.com/services/compare.html
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