Step One: Recognize and Accept the Problem If you have negative cash flow (i.e., your expenses exceed your income) or you would like to save more than you are currently able to, take a close look at what money you have going out. Can you get a part-time job? Rent out a room in your house? Cut back on dinning out? Skip the daily $4 latte? Get a cheaper cable package or cut your land-line phone? Increasing income can be difficult, but most people have some expenses they can trim. Assess your circumstances honestly and decide what is a necessity and what is not.
Step Two: Identify a Solution Identifying a clear and achievable solution is a crucial part of anyone’s financial plan. There are many options available to consumers facing financial difficulty. Our specialty is providing debt validation services that allow consumers to verify unsecured debts when third-party creditors make collection attempts. Panamerican Consulting’s Validation Program is the perfect plan for many individuals; thoughtfully determine if it is the perfect solution for you and your family.
Step Three: Take Action Panamerican Consulting can help you achieve your financial goals! Using our proactive Validation Program, enrolled clients will enjoy superior care and security of a performance based validation program. We will earn your trust and confidence by successfully performing our validation services before you are charged a penny!
After selecting Panamerican Consulting, our firm will collect all of your financial information. At this time we put every client through a qualification process, in which we determine if our firm will accept your case. Upon being accepted into our Validation Program, we design and coordinate a plan that you can afford and follow with ease.
Once a consumer has been enrolled in our Validation Program, we provide consumers with our contact information and request that they forward all correspondence from their creditors to us in a timely manner. On average it takes three to six months for clients to receive collection letters. This is due to the fact that original creditors have 180 days to charge-off and transfer accounts which have been continually in default. Once we are in receipt of your collection letters, we will respond on your behalf requesting that third-party collection agencies validate and verify the account before they proceed.
In recent years, collection agencies and collection attorneys have aggressively pursued to collect on unsecured debts that have been charged-off by the original creditor. This is not illegal; however, often these agencies do not have the proper documentation and therefore the right to collect on those accounts. Through our validation process, we force third-party collectors to provide proof that they can legally collect from you. Keep in mind that we don’t dispute whether the debt is owed, unless there is truly a ground for believing otherwise. This process is 100% legal, ethical and is the right granted to each consumer by statutory laws such as the Fair Debt Collection Practices Act of 1977 (FDCPA) and Fair Credit Reporting Act of 1970 (FCRA).