Depends on the financial institution- if the debts you’re consolidating are with same place, they will control the payout. If debts are held elsewhere they will usually put the funds into your account for you to pay them out but you will need to provide them with proof of closure to satisfy their audit requirements. Hope this helps.
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They usually pay them for you.
Depends on the financial institution- if the debts you’re consolidating are with same place, they will control the payout. If debts are held elsewhere they will usually put the funds into your account for you to pay them out but you will need to provide them with proof of closure to satisfy their audit requirements. Hope this helps.