Alex unexpectedly lost his job. Now unemployed, he found it was becoming exceedingly more difficult to keep up with his personal loan payments and outstanding utility bills. Uncertain about how to tackle these financial challenges, he decided to seek assistance by enrolling in Summit’s services.

How the process works

After receiving the necessary documentation, Summit’s legal team immediately started the process of validating Alex's loan and utility bills. 

Summit’s attorneys started negotiations with the utility company resulting in an agreement to settle the outstanding bills for a reduced amount. His personal loan of $10,000 was also negotiated down to $5,000 or 50% of what he owed.

The Results

We communicated the positive outcome for both debts to Alex. The resolution led to a significant reduction in his monthly payments. By successfully addressing both his personal loan and utility bills, Summit played a pivotal role in alleviating the financial strain on Alex, which helped him move toward a more stable financial future.