James Hanley
New Fairfield, CT (USA)
Role(s):
C-Level Executive (CEO, CFO, etc.)
James Hanley
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Startup
Location:
New Fairfield
Industry:
Technology/Web
Year Founded:
2007
Number Employees:
1-10 people
Business Stage:
Creation/Idea
Entity Type:
"C" Corporation
Description:
Debt Dynamics utilizes a proprietary method in the debt settlement industry although we are not technically a debt settlement company. We designed our services specifically to avoid that designation. As you may know the FTC is coming down hard on debt settlement companies and we wanted no part of it. One of the regulations the FTC has imposed on debt settlement companies is the restriction of no up-front fees. We are not bound by that restriction. Our clients obtain the same objectives of eliminating their debt in a short period of time, less than 3 years. Yet our clients will not experience the negative impact on their credit reports that the typical debt settlement client experiences. We are the only company in existence that has this proprietary method. In addition our proprietary method involves a synergy with another area of the debt industry. This synergy will cause our profits to increase exponentially over a short period of time. We fully expect to become a billion dollar business.