Hello and thank you for allowing me to address your legal questions. I’ll take them in order:
Can I cancle their services and still get any remaining money they have save for future negotiations with remaining creditors. This will largely depend on the terms of your contract with the debt-relief company. Is there a cancellation clause in the contract, and is there any mention of any damages for terminating the contract? Generally speaking, I would assume the money you gave to the company to pay your creditors is still considered your property. If so, then you should be able to request it all back, less any agreed upon damages in the contract. Before doing anything, I suggest you read all the paperwork associated with the company.
Also, what are the remaining creditors recourse after we remove the debt-relief companies Power-of-Attorney? Such as; will we bue sued in court? Can we negotiate with the creditors directly? The creditors always have the right to sue you in court when you default on an obligation, and the fact that you were working with a debt-relief company didn’t prevent you from being sued. You can also negotiate with your creditors directly rather than going through a debt-relief company.
I hope I've been of help with regard to your legal questions. Good luck!
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