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Sub: #1 National Debt Resolution
Replied on 12-17-2008, 02:40 PM
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I was wondering if anyone has heard of National Debt Resolution? I did some research on them and they have an great record with BBB with is good for them. I researched a total of about 7 companies. The debt settlement firm I think I'm going to use is National Debt Resolution. Thank you.

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Sub: #2
Replied on 12-17-2008, 03:27 PM
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Never heard of them.

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Sub: #3
Replied on 12-17-2008, 04:03 PM
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They aren't TASC members, not sure about USOBA (I think you have to call USOBA to find out).

As far as their BBB record goes, bear in mind that "BBB Accredited" is something businesses pay for, and there is little regulation or background checking to get the accreditation. They have also been in business less than 3 years, which could be one reason why they have few complaints.

Example: http://www.dallas.bbb.org/WWWRoot/Re...&firm=19000792

423 complaints in three years, yet they get a 'B', which is deemed to be good. I purposely did not use any kind of national debt relief program firm for the example just to demonstrate how a BBB chapter is run overall.

All I'm saying is, make sure that you do lots of research, that the company discloses EVERYTHING about settlement before you start (negative affect on your credit, cannot stop all collection calls, possible tax consequenses, etc.), and of course that you are comfortable with how the program is going to work for you. There are good firms out there, just make sure you ask the right questions, and more importantly, that they have the right answers.

Hope this helps.

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Sub: #4 National Debt Resolution Debt Settlement
Replied on 12-19-2008, 06:55 AM
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I have used them. They seem to know what they are doing. They settle at least 52% of my debt which made life easier for me. debt settlement programs are pretty easy to follow. I would look in to how much debt you have and what kind of loans you can settle and then take it to a company like National Debt Resolution or any other firm.

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Sub: #5
Replied on 12-20-2008, 08:57 AM
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Wow that's great! What kind of debt settlement plan did National Debt Resolution put you under?

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Sub: #6
Replied on 12-20-2008, 09:24 AM
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I bailed out of their plan within 4 months. Never doing them or debt settlement again - on top of that no refund just thanks for your time and money. Don't recommend them.

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Sub: #7
Replied on 12-20-2008, 10:03 AM
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I decided to go with J Hass Group and very happy with them! Settlements were about the same but customer service was really good.

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Sub: #8 Debt Settlement National Debt Resolution Reply To WayUpNorth
Replied on 12-20-2008, 02:05 PM
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You bailed out! Sorry to here that. National Debt Resolution helped me to. Their debt consultants are very knowledgeable and explained how the program works. I didn't get any run-around from them. I'm very surprised that you may have had a rough time with them.

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Sub: #9
Replied on 12-21-2008, 10:04 AM
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Can someone say trolls? Folks read this thread and you'll understand the meaning of trolling from both these companies. The only real replies are from Locita and tmftwiz.

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Sub: #10 trolling??
Replied on 12-22-2008, 09:57 AM
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i don't get it.




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Sub: #11 reply
Replied on 12-22-2008, 10:26 AM
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what jack black is saying is that anybody posting so positive works for the company.therefore they are not real customers.it happens a lot with questionable debt settlement companies unfortunately.




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Sub: #12
Replied on 12-22-2008, 10:32 AM
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Kinda like prostitution....but with debt settlement companies. Since solicitation is a violation of the TOS, they circumvent that with the "....oh this comapny is great" posts.

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Sub: #13 Debt Firms
Replied on 12-24-2008, 11:37 AM
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You should always go with a debt relief Law Firm if you plan on enrolling into a debt settlement Program (DSP). They are held to a much higher standard than a company and are the only ones that can protect your rights and sue creditors for violating the fdcpa.

Options Plus Financial Services, Inc based in Florida helps people find a Debt Relief Law Firm. or CCC with impeccable credentials, the highest level of customer service and proven track records for at least 4 years.

What I find amazing is that you can't post a link on here to any site, even if it is a site that doesn't charge a fee to refer you to a company that may be able to help you. Talk about a CAPTURED audience. All this while they play a video COMMERCIAL to get leads for their SPONSORS on their ranking chart.

Good Luck

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Sub: #14
Replied on 12-24-2008, 01:31 PM
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using a law firm is simply one form of a business model for debt settlement. it is completely an opinion as to which one is better. law firms are sometimes held to a higher standard, but do a search for hess kennedy to find out how much that really matters.

imo a law firm doesn't really help you with settlement, as it doesn't take a lawyer to settle debt. the only thing they offer is to 'sue your creditors if they violate the fdcpa' or 'represent you in court if your creditors sue you', but this is only the case if they are licensed in the state where the suit would happen, which means for a national company they would have to have a licensed attorney in every state they do business (this is not likely). again imo, it is better to have your settlement company be your settlement company and that's it, and should something come up that you need a lawyer for, you'll want to find a local one anyway.

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Sub: #15
Replied on 12-24-2008, 09:49 PM
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tmftwiz is absolutely correct about using law firms for settlement - do a search for hess kennedy and you'll find them at the bottom of the totem pole; it's completely a matter of opinion. as far as posting links on this forum - the idea is to keep it as neutral and unbiased as we can; otherwise every company under the sun would promote their firm.

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Sub: #16
Replied on 01-02-2009, 12:17 PM
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HUH?




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* Disclosures:
  • By signing up for counseling session, your provided details (Name, Email ID and Phone No.) will be forwarded to the company advertising on the DebtCC. However, you have no obligation to use their services.
  • Some creditors and collection agencies refuse to lower the pay off amount, interest rate, and fees owed by the consumer.
  • Creditors/collection agencies can make collection calls and file lawsuits against the consumers represented by the debt relief companies.
  • Debt relief services may have a negative impact on the consumer's creditworthiness and his overall debt amount may increase due to the accumulation of extra fees.
  • The amount which the consumer saves with the use of debt relief services can be regarded as taxable income.
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