CTM Insurance Group

CTM Financial is the national’s leading debt management firm specializing in personal credit card and unsecured debt. Our group consists of highly experienced attorneys throughout the United States, all of which are committed to preserving the rights of our clients.

Our program is better known as Debt Validation. This is a process whereby attorneys review the billing practices of our client's creditors and the debt collection activities of any third party that has purchased their information. In many cases equivocal fees and interest calculations affecting a consumer's bill, as well as the aggressive debt collection practices being employed to collect on the consumer's debts, are in violation of Federal consumer rights. All consumers have specific rights and our responsibility is to see they are upheld. CTM works diligently with each and every client to ensure their rights are protected.

The first step of the program is to review client statements to ensure that they have been billed accurately. We will work to identify any violations of our client's Federal rights, and enforce them accordingly. Should violations be identified our attorneys will challenge them which often results in the removal of inappropriate charges from our client's statement and therefore a reduction in the total amount of debt owed. The second stage of our program is to properly evaluate the collection methods employed by creditors to seek any possible violations of Federal consumer rights. In the event a violation is indentified necessary actions will be taken.

CTM understands the importance of individual privacy and confidentiality. We do not share any personal or financial information with any non members. Our policies and procedures are strictly enforced to the highest standards. If you have credit card debt and are experiencing difficulties in managing these debts, we can help. Our dedicated and professional staff of experienced counselors will consult with you to custom tailor a specific program individually designed to substantially lower your monthly credit card obligations.

If you are interested in a free consultation or would like to simply talk with one of our counselors please fill out our contact us page and one of our reps will contact you.

Our Program

The Program we offer is known as debt validation or debt auditing. The following shall serve as a brief explanation as to what services are performed and the costs and estimated time in which the services shall be completed.

1. The premise of this service is that a consumer, such as you, ought to be able to understand the costs of credit. A consumer ought to be able to understand how the bank arrived at the balance allegedly owed. Specifically, you ought to be able take a pencil and calculator and check the results arrived at by the bank's computer. In addition, a consumer has a legal right not to be the victim of abusive and unlawful debt collection practices.

2. We ask that you take your most recent statement, read the disclosure and pencil in hand try and recreate the math arrived at by the banks computer.

3. In the event that you can recreate the math and understand how the bank arrived at the balance due, notify our firm immediately. Otherwise, we perform the following services:

a. We draft a billing dispute notice and send it to the bank.

b. We draft a letter of representation informing the bank that you are represented by an attorney and that your attorney demands that the account be placed into dispute status and that the bank provide your attorney with the original advertising, the signed credit card application, the last 12 months worth of periodic statements, and a brief description clarifying the manner in which the bank arrived at the balance allegedly owed. When this is sent to the bank, you are required to do the following:

c. Forward any letter(s) you receive from any bank, debt collector, or attorney. This includes any legal pleading (lawsuit filed against you)

d. Monitor your commercial credit report for any negative information reported after the dispute has been initiated with the bank. Contact us if this happens.

4. In the event the creditor violates the law the law firm can file a claim against the creditor in either Federal Court or the National Arbitration Forum.

5. In the event that the bank does not violate the law, what usually happens is that the Bank sells your information or the account to a “Third Party Debt Collector”.

6. When this happens, you will be contacted either through the mail or by telephone. You are responsible to log the telephone calls, forward the letters, and immediately notify the firm that the account has been placed with a collection agency.

7. The law firm will demand that the debt collector cease contact with you, validate the debt, and desist from contacting you in the future. You are responsible to log collection calls and forward any letters you receive. In the event that the Collection Agent violates the law and the violations entitle you to damages in excess of the alleged debt the law firm will either file a claim against the bank in the appropriate Federal District Court or the National Arbitration Forum.

8. The above services are to be performed in twelve to sixty months . In no event should you expect that the services will be completed in less than twelve months, but in some instances, we are able to negotiate settlement agreements in less time.

9. In the event that you are sued, the law firm will assign the lawsuit to local counsel for the limited purpose of staying the court proceedings and compelling arbitration. In the event that we cannot find local counsel to represent you, we will provide you with a sample Motion to Stay Proceedings and Compel Arbitration. This is done for informational purposes only, and should not be considered the rendering of legal advice under state law.