Frequently Asked Questions

Q. I keep getting collection calls and they bother my household at the worse possible times. How do I stop this?

A. Not only will we stop the phone calls, but we will also discuss your matters one-on-one with your creditors.

Q. The bank has put a lien on my house and if I don't pay the bill, the bank may take over my home.

A. CDPC will legally establish a mutual arrangement where your home is released from the status.

Q. What is interest?

A. Interest is an accumulated charge multiplied by the money borrowed by a certain percentage. It serves the purpose of incentive to notify the consumer to pay the bill before any interest accumulates. Interest is charged on a month to month basis, however it is calculated daily.

Q. Will I have good credit after CDPC assists me with my debt?

A. CDPC's existence revolves around the premise to provide credit recovery. As long as you take up the arrangements CDPC makes for you, you are already on track for full credit recovery.

Q. How long until I can recover from my debt?

A. It depends on the amount of debt and your financial status, and most importantly, your willingness to become debt free!