The primary risk is that you could be sued by a creditor in the term of the plan and not have enough money saved in your trust account to settle the law suit in a lump sum at a discount.
If this is the case, you may have to consider filing bankruptcy at that time. Trident Debt Solutions takes into account how long it will take each creditor to sue you based on our experience, and prioritizes the settlements accordingly to minimize this risk.
Also, if you do get sued, we can set up a temporary payment plan with the creditor to buy some time to consider whether bankruptcy may then be appropriate.
Next topic coming up : What if I get sued??
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