The Features & Benefits

 

The Cost of Registration in our Training Program Includes:

 

  • Certification as a CDS - Certified Debt Specialist or CDA - Certified Debt Arbitrator
    (on successful completion of training)
  • *New Lifetime membership in the IAPDA
  • Inclusion in the IAPDA database of Certified members
  • The IAPDA logo on your website and marketing materials
  • Periodic articles and circulars on industry changes and legal updates

 

Our Certification training program content complies with the accreditation training requirements set out in the draft version of the new Uniform Debt-Management Services Act (UDMSA) - the proposed legistlation governing the Debt Settlement Industry in all 50 States.

 

Benefits of Membership
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 IAPDA Certified Debt Arbitrators and Certified Debt Specialists are respected professionals in the Debt Settlement industry. Clients, creditors/collectors and collection attorneys all recognize the commitment of our members to training, certification and membership in our leading international professional association. Leading Debt Settlement professionals fully understand the value and the return received for their initial business investment in training, certification and membership.
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There is High and Growing demand for Certified debt professionals, in all areas, you will provide a service that is needed and helpful to your clients.
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There is High Professional Income potential, established Certified Debt Arbitrators and Certified Debt Specialists are among the high earning Professionals in their market area.
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The support while you grow your professional practice is ongoing and second to none, we provide all of the support you will ever need while you set up and grow your professional Debt Arbitration and Debt Settlement practice. The training never stops.
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You are a part of a growing and friendly international network of Certified members. Those searching your name in our member database will receive a very positive response.
» Our members proudly display our logo on their webpages, marketing materials and other business stationary, benefiting from the high professional credibility that comes with membership.
» The IAPDA networks with other industry trade associations and legal firms specializing in services to the debt settlement industry to provide our members with the most up to date industry information and legal updates.
» Access to continuing education materials for Debt Settlement Professionals.
» Unlimited logins to the private members area for latest articles and resources.
» Lifetime membership in the IAPDA without annual renewal costs.

 

 

 
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Our Featured Question & Answer of the Day For Sunday

 

Q. What is "Debt Settlement?"

 

A: Debt Settlement is when your creditors agree to accept a lump sum payment for less than the actual balance due. In simple terms, it means your creditors agree to take less.  

 

It is accomplished by negotiating with your creditors. The IRS as well as some creditors, refer to Debt Settlement as Debt Forgiveness, Settlement in Compromise, or a Negotiated Settlement.  

 

Occasionally, a creditor may agree to accept a lesser amount and will allow the settlement to be paid over time, by making monthly payments. This is very rare as most of the time in order to obtain a favorable settlement, it must be paid in full and typically within 10 days of reaching an agreement. 

 

If a creditor does agree to a settlement and allows you to make monthly payments, it is generally a short time-3 months or so, and results in high monthly payments. On rare occasions, a creditor may allow the balance to be paid over 1 year, but this is rare.

 

Monthly payments on settlements seldom occur when accounts are placed with 3rd party collection agencies or attorneys as they require immediate lump sum payments. Collection agencies often do not have the authority to accept monthly payments on a settlement. However, in a few rare cases, a collection agency may agree to a settlement amount if approved by the original creditor and allow the balance to be paid over time; however this is even more rare.  

 

In short, the best settlements occur when cash is available to immediately settle the account. For this reason,most debt settlement programs are based upon your setting aside funds each month so you accrue funds and the Certified Debt Specialist has money to offer your creditors a lump sum settlement. This is done on a first come – best deal - first serve – basis.