
Case Study 1: One Time Settlement (OTS)
One Time Settlement (OTS) for a businessman wishing to clear two loans. Total outstanding debt was ₹19,13,269 settlement agreed for
We can negotiate a moratorium period (payment holiday), ranging from 3 to 4 months before you pay the settlement amount or start your term payment.
The advantage with this is you will have time to organize your funds before you pay the settlement.
The disadvantage is if you do not organize the funds and unable to pay after the moratorium period then they might not offer you any more settlement options and if they do then the discount would be low.
One Time Settlement (OTS) for a businessman wishing to clear two loans. Total outstanding debt was ₹19,13,269 settlement agreed for
One Time Settlement (OTS) on five loans to become debt free. Total outstanding debt was ₹6,43,767 and settled for ₹3,10,000
We negotiated on three loans, a term foreclosure, restructured a loan and one time settlement with credit clearance. Now this
We can negotiate your settlement so that you become debt free, in most cases without it affecting your credit score.