How much do debt workout companies charge?

JP asked:


How much do companies charge to do debt workouts for other companies? I am looking into adding this to my company’s services and am curious how much to charge. Is it typically a flat fee or is it typically a percentage of the debt or lease reduction? Either way, how much? Thank you!

Steve

Tags: Debt Reduction, Debt Workout, Debt Workouts

This entry was posted on Thursday, March 19th, 2009 at 2:28 am and is filed under Debt Relief. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

One Response to “How much do debt workout companies charge?”

1. Thats_me Says:
   March 19th, 2009 at 7:48 am

   Jamie

   Right now its not a good time to get into debt workout, you should seriously look into working as a Debt settlement company because people are in debts and they are behind now. Debt settlement companies help borrowers to negotiate with their creditor at a percentage of what they owe. This way debt settlement companies can help lowering the debt amount and monthly payment. Debt settlement companies make a flat 15% fee of the debt amount. So with a borrower of $50,000 in unsecured debts a good $7500 is there to be made.

   I can help you set up a debt settlement company of yours!
   Mohit Madaan
   718-775-3226