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Customers who enroll in a debt settlement plan make a monthly payment to a debt settlement fund. According to Nguyen Orth, debt settlement companies wait until the customer has defaulted on their debts which can sometimes take up to six months before they begin to negotiate with creditors.
The defaults must occur before the negotiation process can begin, but the debt settlement companies avoid explicitly saying this, Nguyen Orth said. Debt settlement companies like ClearOne Advantage make money by charging customers a percentage of the total debt owed.
In a best case scenario, willing creditors agree to settle the debt for less than the amount owed. After the customer agrees to the new terms, the debt settlement fund will be used to pay the debt.
A project to commercialise the world's first fully implantable artificial heart and research into rare cancers and diseases such as silicosis are among.
It s been a long slog : Darien businesses hope next COVID reopening phase will turn tide
Jarret Liotta and Susan Shultz
March 9, 2021
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Bob Mazza, owner of the Sugar Bowl Luncheonette, installed partitions in November.Jarret Liotta for Hearst Connecticut MediaShow MoreShow Less
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Barrett Bookstore offers a lot of room for customers, so the expansion of capacity won t have a great effect on it.Contributed photoShow MoreShow Less
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Bill Jensen, owner of Darien Toy Box, said he fortunately doesn t get too many customers in his store at any one time, but he will still restrict the numbers if they get too large, despite the governor s proclamation.Contributed photoShow MoreShow Less