Q: Who can your program help?

A: Our program can help anyone who is falling behind or having problems making minimum payments to creditors. Our clients have legitimate financial hardships and might not qualify for other debt programs, such as debt consolidation loans or consumer credit counseling. However, our clients want to address their financial problems and find a solution to their debt problems. This will allow them to avoid bankruptcy while helping them to alleviate the stress that unmanageable debt creates.

Q: How do you reduce my debts?

A: We will negotiate and work with the creditors on your behalf. Our goal is to reach settlements with your creditors on any unsecured debts which you have contracted us to settle. This is accomplished through a series of negotiations with your creditors to secure settlements with substantially reduced amounts owed. We are usually able to reduce the total amount owed to an average of 25 - 50 cents on the dollar, including all fees and payments.

Q: How does debt settlement compare to bankruptcy?

A: Bankruptcy was designed to be a consumer's last resort and has a devastating effect on your credit rating that lasts for seven to ten years. Debt settlement is an effective alternative to bankruptcy that provides you with financial freedom without the long-term effects and social stigma associated with a bankruptcy filing.

Q: Do I have to be behind on my debts to qualify for your debt settlement program?

A: Not necessarily. Mitigation America's debt settlement program works with debtors in all stages of payments and collection. We find that once you are behind creditors tend to be more willing to negotiate better deals.

Q: What happens when we reach a settlement?

A: Once a settlement with one of your creditors has been reached we will email you to let you know that one of your debts has been successfully settled

Q: Will Mitigation America keep my personal and financial information confidential?

A: Yes. Mitigation America will absolutely maintain your confidentiality at all times. We only disclose information to those persons that you have authorized.

Q: Will all of my debts be eliminated when I complete your debt settlement program?

A: Yes. At the end of the program, you can expect to have zero balances on all unsecured accounts that you've contracted Mitigation America to settle. You will still be responsible for your secured debts i.e. mortgages, auto loans, etc. and any and all unsecured debts that you did not retain us to settle.

Q: Will I continue to get calls and correspondence from my creditors?

A: Once you are accepted into our debt settlement program and have paid your enrollment fee you will direct all correspondence to our debt settlement team. Keep in mind that there is no law that prevents creditors from sending written correspondence to you. Do not be afraid to read these letters. In fact, it is important that you read each letter carefully as you are certain to get settlement offers from your creditors as a result of your admittance to our debt settlement program. These settlement letters and any other letter of concern should be forwarded to Mitigation America's Customer Service Department.

Q: Will interest and late charges continue to accrue on my debts while I am completing your debt settlement program?

A: This is possible. However, as a practical matter, you need not concern yourself with these charges. In most cases these fees are taken into consideration in the settlement offer.

Q: What should I expect from your debt settlement program?

A: You can expect a substantial reduction in the total balance that you owe to your creditors. While each case is different and results will vary, Mitigation America's debt settlement program targets to settle client debts for 25% to 50% of the balances owing.

Q: How do I know that your debt settlement program will work?

A: Mitigation America, Inc. takes great pride in getting our clients out of debt and helping them to avoid bankruptcy and debt consolidation. After we analyze your financial situation you will either be accepted into the debt settlement program or we will advise you of the best option for you. This will be discussed with you during your consultation.

Q: Is debt settlement legal?

A: Debt settlement is legal. It is an effective way of getting out of debt quickly. Without the option of debt settlement many of our clients would have no choice but to file bankruptcy. Keep in mind that even though we are substantially reducing what you owe your creditors, they will still be recovering a portion of the original debt. In bankruptcy these creditors would receive nothing, so debt settlement is a win-win situation for both you and your creditors.