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”®