Your Own Debt Settlement Company

July 3, 2009 by  
Filed under Wright Ideas

In this article I am going to show you three ways to operate a debt settlement company (DSC). Learn these three ways to get your DSC off the ground and up and running in an ethical yet profitable manner.

These are the three ways:
1) Learn how to qualify your clients for a Debt Settlement (DS) plan that will pay off all the credit cards plus your fee in a reasonable period of time;
2) Learn the proper way to sell and advertise your services without creating deceptive practices claims;
3) Offer your services in an ethical manner following TASC principles.

Lets take a closer look at these 3 ways:

1) Learning how to qualify clients for a DS plan:

This first element is likely the most important aspect you will need to learn when handling DS clients. This is the primary service that you will provide to your client. As part of this service, your will also explain how the program is administered and how we will be making contact with the creditor to settle the debt for 50% or less than what is owed.

2) Learn the proper way to sell and advertise your DS services. It’s very important to know what you can and cannot do while you are advertising or selling your services to the public in this business. One wrong step and you’ll have plaintiff lawyers and the Fair Trade Commission (FTC) knocking on your door. Seek out ways to get educated about how to stay out of trouble when marketing and describing your DS services.

3) Offer your DS services pursuant to TASC Principles. TASC is an organization that oversees debt settlement companies. A good DSC will abide by TASC rules and guidelines and this is all done to protect both the client and your company. Good DSCs will not do anything that would put them in jeopardy of losing their good standing and accreditation with TASC.

Do you want to learn more break-through step by step instructions on how to begin offering debt settlement services to your clients?

Download my brand new free guide: Start a Debt Settlement Business

KJ Block is a debt settlement professional and attorney at law who teaches people how to get started and to better manage risks involved with traditional, internet, and e-commerce marketing of financial products and services. KJ also assist newcomers to the debt settlement industry with finding the right back end negotiation company to process the debt settlement plan for your clients.

KJ Block can be reached by email at

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