How do fees work? Follow

When you view your Payment Schedule in the client portal, you'll see several types of fees, and not all of them are paid to Paramount Law. All of these fees are taken into account when we set up your program deposit at the start of your program. The most common fees you'll see on a monthly basis are fees paid to the processor that manages your Dedicated Account.

Here's what you need to know about Paramount Law fees:

• • We don’t process our settlement fee until we’ve negotiated a settlement, you’ve authorized it, and the first payment has been sent to the creditor.
  • Once we negotiate a settlement for you, we will process our settlement fee for that debt only. 
  • The fee will be based on your enrolled debt amount, not the balance at settlement. 
  • Your program deposit covers your settlement payments and our fee, so you do not need to deposit any additional funds to cover fees or the settlement payments.
  • We do not charge fees on accounts where the creditor writes off the debt or in circumstances where you are required to pay 100% of the debt.
  • If you end up paying more in our program than the total debt you enrolled, we’ll refund up to 100% of the fees you paid us to make up that difference.