debt settlement courses

I????????ve looked around and did not find any online resource that was offering this type of information (???????must know secrets???????) for free. Yes, the basic concept is out there, but the specific ins and outs of settling a debt are not. I believe this is because most debt settlement executives guard their company processes closely and the one or two executives who developed a do-it-yourself debt settlement kit guard the content of their kits as copyrighted material (like any other informational product, such as a book or CD).

However, I don????????t believe any of the kits available today will help you with a lawsuit. Non-lawyers cannot give you legal advice and lawyers not licensed to practice law in your area cannot provide you services (except maybe with federal taxes). However, some kits do have links to inexpensive legal networks, but you can probably do a search online to find a few networks yourself.

Lawsuits are always a risk with debt settlement. This is why legitimate debt settlement companies carefully screen their applicants to make sure they are experiencing financial hardships that are preventing them from repaying their debts in full. They also screen out secured debts and ???????problem debts??????? that they know are too difficult (impossible) to settle and more likely to trigger a lawsuit.

Click helpfordebtors.com/node/4#3 and here for some resources on debt collection lawsuits.

In the interest of transparency, the company I work for sells a DIY kit. I know you were primarily interested in hearing from people who used the kit instead of people who sell these kits, but I thought I could share some valuable insights that I hope are helpful. If you decide to purchase a kit, be sure to look around. Some of the kits contain the same or nearly the same information, so shop around and read up on each kit????????s contents. You may be able to save yourself some money.

jjanney, thanks! I know that a kit won't help with a lawsuit. I'm just thinking about my other creditors (we have 19 total, between my husband and I). We do have a legitimate hardship, and the one who is threatening a lawsuit is a Chase credit card (non-secured), and is only about 60 days past due. I'm not sure that any company would have screened them out since I don't think they are considered to be one of the more difficult creditors to settle with. I don't know why they have decided on this route: the only thing I can think of is that they think we're lying about our income.

Anyway, thanks for the response! Depending what happens in the next couple of weeks when we meet with a BK attorney, and as we try to work with Chase, settlement may end up not being an option, and we may end up doing BK instead (unfortunately, since that's not our first choice), but right now I'm still trying to explore all the options.