How will engaging FRANKLINMEDIATION's services affect my credit score?
Are you enjoying good credit today? It is likely, that if you are seeking assistance your credit is already suffering or showing serious delinquency. A large majority of our clients are in a far greater position to rebuild credit after utilizing our services, primarily due to the fact that they have had most or all debts eliminated. If the debts are vendor related, many vendors do not engage in formal reporting activities. Your credit will not reflect our involvement as the money utilized to pay your debts is your own. In many cases settlements are labeled PAID IN FULL.

Can I negotiate my own debt?
Yes. However, handling matters yourself often inhibits a successful negotiations primarily because you exercise your emotions. Secondly, if you are delinquent or have broken previous promises to pay you have simply lost credibility with your creditors. These are some of the reasons that creditors prefer to deal directly with FRANKLINMEDIATION, a neutral third party negotiator because it insures that debt issues are being managed in a professional manner with a proven plan in place to achieve financial stability on behalf of the business. Furthermore, emotions, fears, stress and pressure do not affect our judgment in making determinations about what the best deal is for your business. You always have the final approval on any proposed settlement amount.

How is FRANKLINMEDIATION compensated for its services?
Our services are geared with the businesses best interest in mind. If the business has funds available for the purposes of debt settlement, we do not charge any upfront fees. Our fees are success based, and are one-third of the amount we actually save you. Fees are not due until a mutually agreeable and legally documented settlement is at hand.

What if there are no funds available for settlement?
We understand that cash flow is vital to maintain stability in the business, if no cash is readily available we have a program that is based on a monthly payment plan and will still have your business debt free in just over a year! Please contact us to discuss fees and terms under this program.

When and how do my creditors get paid?
We base our negotiations on lump sum settlements, and will help structure a plan to allow you to accrue sufficient funds to settle accounts incrementally or all at once. We leverage timing and circumstance to attain the best possible discount on your accounts. The settlement process typically occurs after the accounts are 120 days or more delinquent. Creditors are paid upon reaching a mutually agreeable settlement and only after securing proper documentation.

Why shouldn't I consider bankruptcy as an alternative to resolving my debt?
We don't consider Bankruptcy an alternative it is a costly last resort. You should know that our services resolve debt far more effectively than a bankruptcy. Here are the key reasons:

• Our process is discrete and avoids public court filings, listings and notices
• Our fees are substantially less than filing high cost bankruptcy
• You maintain control of your company and its assets
• We attain discounts on the amounts owed, thus getting your debts paid for less and in a shorter time period, often within months versus years of bankruptcy proceedings
• Our services will not create the derogatory long term affects that filing bankruptcy will have on your future creditworthiness

Will I be able to acquire credit in the future after settling debts?
A majority of credit card companies are willing to offer subsequent lines of credit and re-establish relationships with you. If you have vendors and suppliers we will do our best to ensure the businesses ability to utilize them in the future.

Can I keep vital supply lines open?
Yes, we encourage you to select only the creditors that are not critical to your business. If you are unable to pay a "vital supplier" than please inform us of this and we will look to address the matter accordingly.

Why are creditors willing to offer discounts?
The creditors recognize that a struggling business eventually shut its doors or file for bankruptcy. They have cash flow needs also, and are far more willing to discount debt under lump sum terms, than wait years or utilize costly resources engaging in legal or collections activities that may not provide desirable results.

What if the business has Lawsuits, Judgments or Liens?
We are aware that lawsuits cost precious time and money. If a suit has occurred or is pending, we can mediate terms to get the debt paid at a discount, or over time. Judgments will likely institute aggressive collections in some cases; garnished bank accounts or receivables; seizure of assets and other very undesirable tactics. We can help diffuse the collections process and get the matter resolved for the least amount possible. Liens can be negotiated and removed.