Call Us Today! 1-877-570-1313

considering debt settlement … they want me to open a seperate checking account … is that normal ?

Typically debt settlement companies will request that you make your payments into a 3rd party trust account. The money in that account accumulates until there is enough money for them to approach your creditors and begin negotiations.

In my opinion, it is in your best interest to use the trust account because the money remains in your control until needed for the payoffs offering you a level of protection.

I hope that’s helpful.