How Does the Debt Relief Program Work?

TABLE OF CONTENTS

• 1. Free Consultation & Financial Assessment
• 2. Enrollment & Onboarding
• 3. Making Weekly Payments to Escrow
• 4. Negotiation With Creditors
• 5. Settlement Approval & Payment
• 6. Program Completion

Debt Consultants Group (DCG)’s debt relief program is designed to help business owners reduce or resolve their unsecured debt through a structured, strategic process. The goal is to provide financial relief without resorting to bankruptcy or taking out new loans. Here’s a step-by-step overview of how our program works:

1. Free Consultation & Financial Assessment

It all begins with a free consultation. One of our specialists will review your business’s financial situation to determine whether our program is a good fit. We assess:

• Total unsecured debt

• Current cash flow

• Types of creditors (e.g., Merchant Cash Advances, credit cards, vendor debt)

• Overall business viability

If your case meets our qualification criteria—suitability, affordability, sustainability, and documentation—we’ll proceed with enrollment.

2. Enrollment & Onboarding

Once enrolled, you’ll be assigned a dedicated Case Manager who will guide you through onboarding. This includes:

• Signing the client agreement

• Providing documentation of financial hardship

• Redirecting communication from creditors to DCG

• Setting up a third-party escrow account for your weekly payments

• Changing your business bank account and payment processors (if applicable)

3. Making Weekly Payments to Escrow

You’ll begin making affordable weekly payments into your dedicated escrow account. These funds are used to:

• Build a reserve for future settlements

• Cover DCG’s performance-based fees

• Pay banking and administrative costs

No funds are disbursed to creditors until a settlement is reached and approved by you.

4. Negotiation With Creditors

Our Negotiations Team will engage directly with your creditors to:

• Validate the debt

• Demonstrate financial hardship

• Negotiate reduced payoff amounts (often 40–60% less than the original balance)

Each settlement is designed to be paid in a lump sum using funds accumulated in your escrow account.

5. Settlement Approval & Payment

You’ll be notified when a settlement offer is secured. Upon your approval, funds will be disbursed from your escrow account to satisfy the agreement. Each paid settlement reduces your total enrolled debt and brings you closer to completion.

6. Program Completion

Once all enrolled debts are successfully settled and paid, your program concludes. You’ll receive documentation confirming each resolution, and your business will have a clean slate—free from the burden of the previously unmanageable debt.

DCG’s program provides a legal, ethical, and effective path out of debt. Our team of professionals—Case Managers, Negotiators, Attorneys, and Escrow Agents—works on your behalf every step of the way, so you can focus on running your business with peace of mind.