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Settlement Company based on result based fee???

Date: Sat, 06/21/2008 - 10:32

Submitted by anonymous
on Sat, 06/21/2008 - 10:32

Posts: 202330 Credits: [Donate]

Total Replies: 12


I am looking to fire my current settlement Co. I want to find a company specialized for pre charge off settlement and have fees based on what they settle. My current company charges 20% of what he saves on each account and 55% no fee guaranty. Can any one recommend a such company. I am not interested in pre -paid companies.

Graceful debtor


There are many debt settlemetn companies that will be willing to help you out for simply a commission fee. Retainer fees and set up fees are nothing but a fat big lie.

Most DMC do not even contact your creditors, EVER, that is why nothing is ever done on your behalf. Mostd dmp have you sign a contract, please have a lawyer read the fine print, on these contracts they basically wash their hands on anything that can happen such as lawsuits, garnishments, et...

The bottomline is while you are sending this company your hard earned money, your account continue to accumulate late fees, interest, etc..

Do yourself a favor try getting out of your contract with the current company you are dealing with, ask them to show you physical proof that they have contacted your creditors, I bet they cannot provide it, afetrwards do your home work and team up with a company that really cares about your best interests!


lrhall41

Submitted by pemperandgartle on Thu, 06/26/2008 - 07:05

( Posts: 57 | Credits: )