Settlement programs the inside story

This post is a fine example of why you should stay in school passed the sixth grade. This is one of the poorest written posts I have ever read and on top of that the advice given is to not seek help (i.e. advice). I think I will follow your advice and not seek help from you.

Hey Dave... sorry to bring this up again. But why isn't the logo for TASC an active link on CNI's website? It's an active link on Freedom debt relief's site, and if you'll read my posts you will see I contacted Freedom Debt Relief and got Century Negotiations. I don't see the connection here... are they the same company?

if you go to tascsite.org you can see that they are a active memeber of tasc

Dave, I'm sorry but I don't see Century Negotiations on the TASC website anywhere.

David Leuthold is President and CEO of Century Negotiations, Inc. and also heads up UCAN, the United Consumer Advocacy Network. David is serving his second term as the elected Vice President of TASC. Call tasc or email them and they will confirm

Rini...did you ever get a hold of anyone at the company to explain why they were not doing what they said they would...I find it odd that guy said it wasn't his "job". I am in debt management and I email/call my counselor about every little issue and she has always answered or found an answer for me within a day. I hope you can get this resolved soon...

Morningstar, I have not called the company yet to ask for my refund. An attorney advised me to first make sure that they could not receive any more money... so I closed the checking account that they were drawing their payments from. Then I sent them a formal letter via certified mail. I have not received confirmation yet... but when I know that they have received the letter, then I will call them.
If they refuse to acknowledge my concerns... then I'll report them.
They haven't refused to do anything yet... so I guess I cannot jump to conclusions that they are a horrible company. Especially since it seems there are quite a few satisfied customers. I just don't understand why they didn't even inform any of my creditors that I was on a settlement program. I was under the impression that they were going to contact my creditors and let them know what was going on. And then if the creditors "needed" something, then they would call them and not me. It does say in the fine print of the contract that the possibility of being sued is still there and cannot be entirely eliminated... but I feel that their website and the person who signed me up were VERY misleading about how the whole program works. I feel I was lied to... and that's not right.

Well, maybe it is something siple...a glitch...I know when I started with my company I was in constant contact with my couselor and then all of a sudden nothing! I waited a few days and then called to complain,... (this was right at the beginning when everyone was calling and I was waiting for my proposal letters to go out)...I found out the person I was working with had an emergency early delivery of her baby and they were dispersing her clients to other people! The one I finally got 2 days later I even liked better so it all worked out.

That is great morningstarr, who are you with? I am considering something like that for a few other items on a credit report so that we can buy a house next year.

Wow... sounds like you ended up with a great company. The one I signed up with doesn't have people with assigned clients... although I thought they did until I was told by the guy who signed me up to basically leave him alone. Everyone has to call this customer service center and you get a different person each time. Perhaps I jumped the gun a bit... but what else was I supposed to do? I was about to be sued... and no, it was NOT just a threat. They were 100% serious... and the lawsuit was getting ready to be filed. This whole time the company promised that they would have someone call me so that they could help me. It took them 2 weeks to call me back... and then all they had was a stupid letter to the attorney telling them that they wanted to "work something out". Yeah, like that was going to work... the attorney's office told me quite bluntly that they DO NOT settle under any circumstances. So I had to go to my bank and beg for mercy... that's when they told me to get out of the program as soon as I could, otherwise my credit was going to go completely down the toilet (despite the guy who signed me up telling me that my credit would be good again once the program had been completed in 3 years).

In doing research for a way out before I found this site...I found an organization that lists or regulates credit counselors...I looked for the link and unfortunately I can't find it...I must have deleted it. But similar to on here...it links you with qualified places in your area. The place I am working with is out of Indianapolis. I listed my CC debt and my medical with them...and also the 3 ipdls I still owed principle on...the ones I overpaid I help out to fight once I found this site.

Can anyone reccomend a good settlement company, that doesn't charge u a 'arm and a leg' for the program?? I don't have credit debt, just deliquent loans, etc, from the past. Any good suggestions?

I was wondering if anyone out there could recommend a reputable company that settles debt without ripping
you off. I just heard about CNI and I heard that they
have lots of satisfied customers. What do you think?

century negotiations or should I say Dave Leuthold, as of 2 years ago, was in debt to his clients trust account close to 750k. You pay into a client trust with this company and your money is available to the owners. I was informed by a very reliable source that Dave Leuthold was in the hole big time to his clients. Do not go with this company.

Morningstar can you tell us who you are using? If need be I will sign in and pm you to find out...I would really appreciate the information...

Really need it badly..

thanks!

I signed up with sifxpert because his company actually gets positive feedback on several forums not just here. His company also does not charge a set up fee and offers a gurantee that you will not settle a debt higher than 55% or their is no fee.

No set up fee, no monthly service fee and a guarantee of no higher than 55% plus in his contract it says if client is sued, and legal representation is necessary, it is provided at no cost to you the client.

Someone asked in a previous post for a referral to a company that wont rip you off. You are guaranteed not to get ripped off by this company since they are paid a 20% fee on the amount you save on a settlement.

He has all his bases covered no question. I will say though that their customer service is not very available but when you take into consideration that their fees are at least half of anyone else I contacted, its not so bad after all. Especially once settlements start which was 4 months for me. I'm enrolled for 10 months now and I am almost done with 60,000.00 in credit cards. I've only paid 8,000.00 so far and only another 4,000.00 more to go. They only take accounts over 50 or 75,000.00 worth of debt though.

Email sifxpert or debtxpert if you call, leave a message. I think there is an answering service now but before you could never get anyone to answer. This scared me at first but they've done an exceptional job.