4. Actual Settlements for NuStart Debt Relief The Debts shown are actual settlements from clients throughout 2009-2010. Each settlement various due to Length of time a client has with such creditor and Hardship he/she provides to NuStart. Creditor Debt Load Settled Debt Total Savings Percentage% Washington Mutual $4,873.22 $1,218.31 $3654.91 75% Bank of America $24,198.76 $17,665.1 $6,533.66 73% Citi Financial $2,541.92 $1,270.96 $1,270.96 50% Chase Financial $16,837.36 $5,051.21 $11,786.15 70% Wells Fargo Business $34,715.19 $5,207.28 $29,507.91 85% Capital one Bank $7,946.85 $3,178.74 $4,768.11 60%
![Bankruptcy Chapter 13 • Must pay back the full amount. $$$ • Must pay attorney’s upfront fees. $$$ • Rates are between 9-12%. • Late 1 time and you’re out of program for 3Yrs . • Program takes 3-5 years to complete. • Detrimental to your credit for 7-10 years. Government Debt Consolidation • Must pay back the full amount. $$$ • Must pay attorney’s upfront fees. $$$ • Rates are between 9-12%. • Late 1 time and you’re out of program for 3Yrs . • Program takes 3-5 years to complete. • Detrimental to your credit for 7-10 years. Private /for profit Consumer Credit Counseling • Must pay back the full amount. $$$ • Must pay attorney’s upfront fees. $$$ • Rates are between 9-12%. • Late 1 time and you’re out of program for 3Yrs . • Program takes 3-5 years to complete. • Detrimental to your credit for 7-10 years. Non-profit NuStart Debt Relief • Don’t pay full amount. So your clients now can afford a policy. • Fess paid over time. • No % rates. • Late? Just call and reschedule the payment. • Out of debt in 12-36 Mo. • Credit is bad while in program. Private/for profit Qualifying Factors: ,[object Object],[object Object],[object Object]](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)