DW offers the Debtor multiple payment options to enable them to be able to afford a payment method that will satisfy their Creditor and their budget.
Settlement payments can be made by either a single payment or on an installment plan and use either an eCheck or a credit/debit card.
Compatible with virtually all accounting software
Available in multiple languages
DW uses our sophisticated and proprietary Debtor-facing ‘online debt settlement engine’
With DW, a Debtor can make a proposal to their Creditor to settle their debt by offering to pay a lesser amount than their outstanding balance.
Negotiated settlements are based solely on numerous debt settlement criteria set by the Creditor.
Debtors are invited to make a settlement proposal after receiving a personalized email invitation generated by DW using a Creditor’s “delinquent accounts” Excel file as input.
Extensive reporting and tracking of
payments and debts.
If DW accepts their offer, this could be the perfect non-confrontational way to transform a delinquent Debtor into a settled account. Think “Priceline®
meets debt collection”
- the Debtor makes you
an offer for you
to “Accept or Reject”®
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The Debtor is automatically sent alerts for upcoming scheduled payments.
The Debtor pays
100% of our fees.
NO settlement, NO fee
With DW, there are NO collection costs to the Creditor.