American Finasco > Our Services > Third Party Intervention

Third Party Intervention

Third-party intervention facilitates a new line of communication between debtors and creditors. The resulting solutions are extremely attractive to business owners. American Finasco is often the answer for a business to obtain an effective solution to their delinquent debt, return to a profitable financial status, and avoid bankruptcy. American Finasco has helped thousands of companies of all sizes strengthen their working capital.

Our National Network of attorneys and our Third Party Intervention are not the only difference. The following are also the way we separate ourselves from the competition.

Negotiating Team: An effective, highly trained team of professional account executives, whose job is to negotiate and manage the debt reduction process, has over 30 years of combined experience. They are committed to helping financially stressed companies improve their chance of a successful business turnaround, improved cash flow, and achieve a significant reduction of their accounts payable. This experience and professional approach has proven to be very beneficial resulting in debt consolidation by achieving settlements with a large number of creditors and their representatives. This also gives us a major advantage with creditors, collection agencies, and attorneys we work with repeatedly.

Dedicated To Service: The Account Executive assigned to your claims is available to give you progress updates on claims assigned, answer any questions, and provide immediate assistance on legal or high priority claims. A telephone interview will be conducted to verify information regarding your company’s financial condition and review the assigned claims. The corporate headquarters also has an experienced, well-trained administrative staff waiting to provide the highest possible level of service to clients. We strive to deliver good service, a high standard of credibility, and respond professionally to all creditors and their representatives.

A Pro-Active Approach: American Finasco will contact your creditors, collection agencies or attorney representatives that are assigned to the collection of your delinquent debt. American Finasco clients receive immediate relief from creditors and their pressure for payment. You will divert telephone calls to American Finasco. This will allow you more time to build your business uninterrupted by collection calls.

Confidentiality: Clients of American Finasco are assured of the highest level of confidentiality when handling sensitive information about your company. Information obtained for negotiating purposes will be provided to the Account Executive. The disclosure of sensitive information is discussed with the client prior to any disclosures.

Cost Effective Proven Program: For over 30 years, American Finasco, Inc. has averaged over a 95% success rate in negotiating a reduction and settlement of our client’s debt. We average a total cost of 60-65 cents on the dollar of the assigned delinquent debt. This average total cost includes the reduced amount to the creditor and American Finasco fees. Because our settlement fees are based on a percent of the savings to our client, we have an incentive to achieve the greatest reduction possible.

Client Protection: All signed settlement documents are presented to the client. Settlement documents on litigation claims are reviewed by an attorney to ensure the language incorporated into the agreement fully protects our clients.

Attorney Availability: American Finasco has an attorney in all markets across the United States where we have a sales presence. There are additional cities we can offer legal representation in also. Should a creditor file a lawsuit against you or your company in another county, city, or state, we most likely have an attorney to refer the case to and to represent you.

Reduced Legal Fees: American Finasco referring attorneys’ are under contract to bill legal fees according to an agreed upon schedule. The legal fees are far less in comparison to the normal hourly rates charged by other local attorneys. This rate varies from state to state and the charges in your local area can be obtained for your review. (Example: $125.00 – $300.00 flat fee (depending on the state) for filing answer to lawsuit, and without a retainer being required by the attorney). This attorney will be the attorney of record on cases assigned to him by American Finasco.

Team Relationship: The American Finasco negotiators work closely with the referring attorney in tracking the progress of the lawsuit, and get updates on future legal actions that may be filed. The attorney representing you will not negotiate your legal matter. An Account Executive in the corporate office will negotiate through the settlement process.

Keeping you Informed:  American Finasco clients are notified when their legal matters are referred to an attorney within the Network. American Finasco fully discloses all information regarding the referring attorney to our clients. We encourage our clients to work with this attorney on any other non-debt related matters that need legal discernment.

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A Team
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Transforming distribution and marketing with key capabilities in customer insight and analytics.

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Transforming distribution and marketing with key capabilities in customer insight and analytics.

Business Information

Our Trading helps clients run and transform their front, middle and back-office trading operations. We provide buy-side, sell-side and market infrastructure firms with a full-service offering, including systems integration and technology consulting services, to assist in delivering high performance trading and settlement capabilities across all asset classes. This includes strategy, architecture design, operating model work, process improvement, systems building and trading p

Key Analyze

Our Trading helps clients run and transform their front, middle and back-office trading operations. We provide buy-side, sell-side and market infrastructure firms with a full-service offering, including systems integration and technology consulting services, to assist in delivering high performance trading and settlement capabilities across all asset classes. This includes strategy, architecture design, operating model work, process improvement, systems building and trading p

Our Workflow & Process

Our Trading helps clients run and transform their front, middle and back-office trading operations. We provide buy-side, sell-side and market infrastructure firms with a full-service offering, including systems integration and technology consulting services, to assist in delivering high performance trading and settlement capabilities across all asset classes. This includes strategy, architecture design, operating model work, process improvement, systems building and trading p

Our Trading helps clients run and transform their front, middle and back-office trading operations. We provide buy-side, sell-side and market infrastructure firms with a full-service offering, including systems integration and technology consulting services, to assist in delivering high performance trading and settlement capabilities across all asset classes. This includes strategy, architecture design, operating model work, process improvement, systems building and trading p

Capital Markets Specialist

Mitch W. Vicknair

Magnolia, Texas

Jim Kirkman

Dallas, Texas
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CLIENTS TESTIMONIALS

  • American Finasco is truly a marvel. To my knowledge, I have never dealt with such an efficient, smooth running operation. It was when I almost hit rock bottom; I still recall the day you made the call to my office offering your assistance. we met, discussed our financial situation, and almost two years later I can happily say we show a profit rather than a loss.

    Thank you for proving to us that we don’t have to quit when times get rough.I am being very optimistic when I say we will no longer require your services, however, if ever needed, you will always be highly recommended to any of my colleagues regarding commercial credit counseling

    A Steel Fabricator
    ILLINOIS