How long does it take for the creditors to accept the proposal?
Your creditors will receive proposals within 7-10 days of your program enrollment. It will often take 4-7 weeks for them to process the proposal. Most creditors require 3 consecutive payments through the debt management program before they will offer benefits. Often your creditors may notify us only when the proposal is declined. In this event, we will research the cause and work with you and your creditor to make the necessary changes to have the proposal accepted. NOTE: Please check your creditor’s statements to see if they have started applying benefits.
