Fee Structure for Debt Workouts
Our objective is to be affordable, and for our fee to be directly related to the success of our efforts. We provide you with:
- An understandable fee structure. You know what it will cost.
- A clearly defined contract stating what we will be doing for you.
- Scheduled affordable monthly payments.
- Fee is based upon our reduction of your debt.
Here is how we do it:
- We will evaluate your debt issues and project how much we believe we can reduce it.
- We will schedule payments monthly for one year to ease the cash flow burden. We determine the monthly payment based on your cash flow capabilities, so it is affordable.
- No large, up-front retainers. No interest on the payment schedule.
- At the end of the year, or when the project is completed, which ever comes first, the remainder of the fee is due. It can be paid in a lump sum, with a 25% discount, or you may choose to continue paying at the same monthly rate without additional interest until the fee is paid in full.
- A guaranty, which provides you with a no-risk exit opportunity if you are disappointed for any reason. It works like this: Within the first 30 days, you are free to unilaterally sever the relationship for any reason and owe nothing further. After thirty days the contract remains binding.
This acts as a great insurance for you, removing much of the perceived risk of engaging in business with people you are just getting to know. We will perform a significant amount of the work effort long before the contract is paid for in full, so you get to see us perform with a minimal investment as we accept payment over a longer period of time. That’s fair. Most of our work will be completed within the first three months.
Call us to arrange for a personal business review. We will provide an evaluation and follow with an action plan to help you achieve your goals.
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