What happens if one of my settlements goes null and void? Follow

If the funds in your Dedicated Account are too low to fund payments per the settlement agreement, the creditor(s) could cancel the settlement, causing it to become null and void. Should this happen, the creditor could demand the entire outstanding debt in one lump sum and the money you already paid could be put toward your full balance instead of the lower settlement amount. In addition, interest and fees will begin accruing on the debt again and the balance will increase.
If a creditor cancels your settlement, we will work to negotiate a new settlement once there are sufficient funds in your Dedicated Account. While we will try to get you the best terms possible, your new settlement will most likely be higher than the original.