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| What is Debt Arbitration & Settlement? |
| Is Debt Arbitration and Settlement different than credit counseling and debt consolidation etc.? |
| Why would a creditor do this? |
| What is the IAPDA ? |
Who should register for the IAPDA Certified Debt Specialist program ? |
| Is the training program completed online ? |
| How long does it take to complete the training program ? |
| What does registration cost ? |
| Do you offer volume registration price discounts ? |
| Can we add more members at a later date and still receive the volume price discounts ? |
| Do you offer a payment plan for the registration payment ? |
| How do I register ? |
| What is the annual membership renewal cost ? |
| Do I need licensing from a Government Agency ? |
| Is there a market for this service ? |
| Why will my service be needed ? |
| What are my chances of being successful in a business of my own ? |
| Do you provide support with membership and training ? |
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Q. What is Debt Arbitration & Settlement?
A. Many people and businesses have difficulties in paying their unsecured debt. Debt Settlement is an aggressive approach to credit card and other unsecured debt elimination. It is most appropriate for consumers who are continually struggling with their basic financial obligations and owe at least $10,000 in unsecured debts. These consumers are under considerable financial strain, and are considering bankruptcy as a viable alternative. The process through which a debt settlement service is able to reduce and settle the unsecured debts owed is called “debt arbitration or negotiation”.You as a Certified Debt Arbitrator/Specialist will save the debtor up to 70% of his/her debt by using proven methods of debt negotiation and reaching settlement with the creditor/collector. |
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Q. Is Debt Arbitration and Settlement different than credit counseling and debt consolidation etc.?
A. Yes. With credit counseling or debt consolidation, a third party takes on the debt (and bills the consumer one payment instead of ten, etc), or simply works out a payment budget with the consumer. In many cases, the creditor is not even involved. However, these methods are generally ineffective and not valued by consumers, because the crippling debt is usually still there in full. Debt Arbitration & Settlement seeks an agreement between consumer and debtor to settle the debt. This is seen as advantageous by all. |
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Q. Why would a creditor do this?
A. Because the alternative might be consumer bankruptcy. Creditors are much better off working with consumers and negotiating a figure that will settle the debt. Debt arbitration and settlement professionals help that along. |
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Q. What is the IAPDA ?
A. The International Association of Professional Debt Arbitrators grew from the commitment of its members to the establishment and maintenance of the highest standards of ethics, professional conduct, and responsible trading, for members operating in the Debt Arbitration industry.
Our membership is comprised of individual staff members and management with firms of all sizes from small (1-4 consultants) to some of North America's leading and largest Debt Settlement firms...
...more |
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Q. Who should register for the IAPDA Certified Debt Specialist program ?
A. Many types of people. Entrepreneurs/Sole Proprietors who want to start their own debt settlement business; persons who wish a debt settlement credential on their resume; and debt settlement companies who wish to credential their employees. There really are no restrictions: We provide our training and certification program for companies of all sizes - from Sole Proprietors to some of the industry's largest companies. See our member links page to view the many companies that we serve. |
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Q. Is the training program completed online ?
A. Yes! The training course is completed entirely online at your own pace, and the certification exam is submitted online when you are ready. In fact, we do not offer in-person training (it’s impractical and unnecessary in this day and age.) |
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Q. How long does it take to complete the training program ?
A. The training course is completed entirely at your own pace, you will receive access to the materials at a password protected website and you have unlimited access for lifetime. Most members take 1 - 2 weeks working part time to complete the training and submit their certification exam but it can be completed much faster (as quickly as one full day of study) if desired, or much slower. |
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Q. What does registration cost ?
A. Registration costs are for each individual member and are based on the number of members with the company or group who register with a single payment transaction, we offer volume pricing discounts, please refer to our registration & pricing page for exact costs. IAPDA Membership is granted for life with no annual renewal fees – IAPDA certification is valid for two years with refresher training and 2 year re-certifications at only $60.00 per year afterwards. |
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Q. Do you offer volume registration price discounts ?
A. Yes, please visit our registration page to view volume discounts up to 50%, we also have a "Fairness in Pricing" policy and do not discount beyond our published volume discounts. This way all members can be sure they have received our best pricing. |
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Q. Can we add more members at a later date and still receive the volume price discounts ?
A. Yes, discounts are available for your first 10 members, volume discounts are limited to registrations for multiple members placed in a single transaction. When you register further company members at a later date you can take advantage of our volume pricing discounts for your new registrations. All 2 year certifications after 10 members of your group/company are only $120.00 each for an unlimited number. |
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Q. Do you offer a payment plan for the registration payment ?
A. Unfortunately due to the proprietary nature of our training course materials we are not able to offer a payment plan. But we do accept credit cards. |
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Q. How do I register ?
A. Registration is completed and processed entirely online from our registration page. Once registration is authorized you will immediately receive your unique Login User ID and Password with login instructions by email. |
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Q. What is the annual membership renewal cost ?
A. IAPDA Membership is granted for life with no annual renewal fees – IAPDA certification is valid for two years with refresher training and 2 year re-certifications at only $60.00 per year afterwards. |
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Q. Do I need licensing from a Government Agency ?
A. Currently legal compliance (licensing) is not required in approx. 50% of States*, the Uniform Debt-Management Services Act (UDMSA) is under consideration in a number of state legislatures and proposed for enactment in all 50 States.
We established the International Association of Professional Debt Arbitrators (IAPDA) as a member based training and certification program for approval by legislative bodies. Those who successfully complete our program are granted membership in the IAPDA, adhere to our Code of Ethics and are granted the professional Certified Debt Specialist (CDS) designation.
Our Certification training program content complies with the accreditation training requirements set out in the draft version of the new Uniform Debt-Management Services Act (UDMSA) - the proposed legistlation governing the Debt Settlement Industry in all 50 States. We are an approved accreditation program of States with Uniform Debt Management Services Act legislation.
*Note: Our members operate in all 50 States and 10 Provinces. As legal compliance requirements State by State vary greatly and can change often we provide our members with access to debt settlement industry legal experts and the most up to date information available regarding legal compliance in all 50 States and 10 Provinces. We do not give direct legal compliance advice to our members or others and cannot answer legal compliance inquiries by telephone or email, we recommend consultation with an attorney. |
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Q. Is there a market for this service ?
A. There are literally millions of debtors out there who need help. There is a large demand for Certified Debt Specialists. Creditors have Collection Agencies and Lawyers on their side. The one the debtor has is a Certified Debt Professional, a skilled and trained, arbitrator/negotiator. |
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Q. Why will my service be needed ?
A. The debtor must act sooner rather than later, otherwise they may find themselves in lengthy, costly and stressful lawsuits. A Certified Debt Specialist provides a simple, cost effective solution for the debtor. |
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Q. What are my chances of being successful in a business of my own ?
A. Good question! Not everyone is cut out to run their own business. While there is really no definitive way of knowing if you have what it takes, there are a number of entrepreneurial tests that can provide you with an insight. Click here to open a new window and take a simple ten-question quiz. It may help you with your decision. |
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Q. Do you provide support with membership and training ?
A. Yes – a lot, in fact. We provide all of the support you will ever need while you set up and grow your professional Debt Settlement practice. To be honest, the training never stops. |
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*Question Not Answered Here ?, please complete our Express Contact Form, we will respond promptly. |
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