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What is the typical length of time it takes for my creditors to accept the negotiation/settlement proposal?

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What is the typical length of time it takes for my creditors to accept the negotiation/settlement proposal?

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Once you have been accepted into our program and we have completed a full financial assessment of your resources, your creditors will receive proposals. This is usually a period of about one week to 10 days from first contact. It will often take four to seven weeks for your creditors to process the proposal. If the proposal is declined, we research the cause and work with you and your creditor to make the necessary changes for proposal acceptance.

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