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Follow on Google News | FREE Debt Negotiation Software Now in SpanishSettleiTsoft Helps Spanish-Speaking Debtors Combat Predatory Debt Collection Practices
During three months of successful user testing, we continuously updated the platform while simultaneously obtaining essential feedback from our subscribers. Currently the SettleiTsoft Team is preparing for full Beta Release, which includes the Phone Application in iOS & Android," said Martha Henry, company CTO. The Consumer Financial Protection Bureau (CFPB) had reported that one in four consumers in financial crisis feel threatened by debt collectors every day - even at work. SettleiTsoft allows debtors to electronically propose negotiation dollar amounts and repayment terms to their creditors; thus reducing payments for outstanding debt and ultimately reaching debt settlement agreements. Now available in the second most commonly spoken language in the U.S, the system conveniently enables debtors to take the best advantage of the software in their language of choice. "While the website, iOS and Android apps, as well as, most of the key elements of the software, including instructions and forms, will be in Spanish, all documentation (e.g. Cease & Desist and Invitation to Settle Letters, Settlement Agreements, Terms & Conditions, Privacy Policy) are required by Federal US law to be in English," said Antonio Garcia, CEO, SettleiTsoft Inc. "We constantly support the platform in both languages and preparing to do the same for other languages, such as Portuguese. In addition, Spanish-speaking users of the software need to be aware that ongoing communications with their creditors may not be in Spanish." Under the Fair Debt Collection Practices Act (P.L. 95-109), debtors have the right to request in what manner and when creditors shall contact them. By inviting creditors to negotiate through SettleiTsoft, debtors are identifying this method of electronic communication as their preferred manner of negotiation; The platform also provides myriad debt relief alternatives to those consumers who simply want to control and better manage their personal finances. Consumers who enroll in SettleiTsoft will be able to utilize all the power, tools, and convenience of the Professional version for free. After the trial ends, consumers will have the option of using a limited base version of the software for free or continuing to use the enhanced Professional version for a nominal fee. To learn more, visit www.settleitsoft.com. The SettleiTsoft Team is committed to the ongoing improvement of this powerful debt negotiation platform, helping consumers alleviate stressful collection activities and achieve financial stability. The SettleiTsoft registered name and logo as well as other company and product names are trademarks of SettleiTsoft, Inc. or related companies. End
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