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Does Morgan Drexen hold the client trust account for the clients in the debt settlement program?

April 26, 2017account client clients Debt Settlement drexen hold Morgan program Trust

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Does Morgan Drexen hold the client trust account for the clients in the debt settlement program?

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No. The law firms hold the trust account for its respective clients and are the only signatories on the account. The law firms contract the services of a Chief Trust Officer who initiates settlement transfers subject to the law firms’ approval and consent.