Anderson Chase Financial utilizes a team of debt relief specialists including mortgage professionals, real estate professionals, debt settlement professionals and a legal team who work together to improve your financial situation. By negotiating directly with your creditors, we can develop an effective plan that will successfully provide you financial relief. Our team of specialists have years of experience and a proven history of success.

Loan Modification

1. Negotiate with your lender, asking for an interest rate reduction, principal loan reduction, forbearance agreement, loan settlement, deferred payments, elimination of past-due payments or other solution(s) depending on your financial situation.

2. Review and revise, if necessary, modification/offer-in-compromise/escrow documents and agreements.

3. Deliver a good faith commitment and request for consideration to your lender.

4. Research and analyze market data and comparable sales information.

5. Prepare foreclosure/ loss liquidation analysis. This analysis includes current income and expenses, debt ratio, credit history, loan balance and equity position.

6. In the event we cannot successfully modify your mortgage you will be issued a full 100% refund.

* Results may vary and no specific outcome can be guaranteed or predicted.

Debt Settlement

1. We will work with you to determine the appropriate monthly dollar amount that you plan to save towards a negotiated settlement. This amount is typically significantly less than your current minimum payments, and goes toward paying off your debt (not simply paying credit card interest charges). These funds will be saved every month in a new account that you set up and control.

2. Once you enroll in the “Debt Reduction Program,” we contact your creditors in an attempt to handle future creditor communications. You are requested to avoid using credit while on the program.

3. After funds have accrued to make reasonable offers, we begin negotiating with your creditors individually. Typically, we attempt to reduce your debts by at least 50%. We stay in contact with you to keep you apprised of your situation. Please note, it may take several months of savings before we are in a position to make settlement offers.

4. Once a settlement is negotiated with a creditor, you will be notified via a “Good News” notification from us.

5. After the account is paid, your creditors may report to the credit rating bureaus that your accounts are “settled in full,” “settled,” “paid,” “paid by settlement,” or “settled for less than the full amount.” After this report, you no longer owe anything on this account and the balance is zero. Congratulations, you are now free of that debt!**
After the Program: If you are interested in purchasing a home, purchasing an automobile, or related financial services products – we can help you find a company to apply to for access to other products. Or, if you simply want to talk about a financial services decision, we will always help you think about your best strategy for staying debt free and building personal wealth.

* Estimates based on prior results; individual results will vary based on circumstances, including your ability to save sufficient funds and complete the program. We do not guarantee that your debts will be lowered by a specific amount or percentage or that you will be debt-free within a specific period of time. We do not assume consumer debt, make monthly payments to creditors or provide tax, bankruptcy, accounting or legal advice or credit repair services. Not available in all states. Please contact a tax professional to discuss tax consequences of settlement. Read and understand all program materials prior to enrollment.

**Please note, Anderson Chase Financial is not a credit repair organization