Pacific Debt Inc.

They haven't been around that long. Honestly I have never heard of them but them again their have been a ton of settlement companies that have popped up recently due to the failing economy to be careful. I would suggest you do more research on them to make sure they are licensed and bonded.

thank you for responding. I did a little checking and found:
on the BBB site they have an A- rating. they were in business since 6/1/02 - how do I find out if a company is bonded and licensed? I imagine I just call?

Hello! I actually am with Pacific Debt right now and I can't even tell you how great they are! I was very veryyy nervous about doing a debt settlement, I could hardly sleep at night nervous, and researched companies like crazy before I signed with this one. The guy who I spoke with at first seemed like a stright shooter and I signed up b/c I felt like I could trust him. He told me that my 3 credit cards could be settled in 39 months (that was the latest date) - and right now, 2 of my accounts already have settlement agreements in place!! I am so happy it's unbelievable and they have been there for me every step of the way. I took my Discover out of the program (Discover I guess may not play well with settlement companies), but it was my smallest balance and I worked it out with Discover. But this company is awesome. I would give them a call if settlement is what you've decided on doing....good luck!

I also am considering them. Talked with the guy for 45 minutes or so and recieved written proposal that makes sence....good BBB rating, just doing the research now -- any new experiences with them or suggestions for good debt negotation/settlement companies appreciated.

Has anyone out there ever had a successful debt settlement program? Who can you trust?

Here is a link on questions you should ask a debt settlement company.
http://www.debtconsolidationcare.com/settlement/right-company.html

Debt settlement " do it your self or hiring a company " does work if you are a good candidate. You just have to stay committed to saving your money to be used to settle and set an aggressive enough program to resolve the debts fast enough to avoid lawsuit from an impatient creditor. Its certainly not a fun process thats easy because of the seriously annoying phone calls from collectors but if you are patient and allow the process to work you will most often get good results.

Linda, I checked out Pacific Debt Inc. at my state Department of Commerce as I have contacted them regarding my debt. If you go to the your state Department of Commerce site there should be a Consumer Protection section that has a "Search Registered Entities" section. Just put their name in and if they are registered it will come up. The person I spoke to was very straight forward about things and would not let me off the phone until he disclosed the fees they charge. Hopefully that will help.

Sandra

I show Pacific Debt has an A+ rating wtih the BBB and has been in business almost ten years. Looks like they must be doing something right?

i just want to tell people that dont believe in these companies i have made the mistake by signing wid them they dont bother to figure out my visa card numbers at all they just say we gonna pay ur debts and they put $11000 in total and never negotiate with the credit companys in the agreement it says if u cancel within 10 days they dont take out money through pre authorise payment .but for me i have cancel the agreement the second day but still they took out money from my account. i called them and they say leave the message i left the message but they dont bother to call me back......i did the stop cheque from my bank for $250 .00 but they cheat me they know well that they cant take out money but they use there brains there they try less amount and they took $120 which is is my hard earned money.....they are FRAUDULENT COMPANY.......PACIFIC DEBTS JUST CHEAT PEOPLE

Just an FYI folks, Most Canadian creditors do not recognize pacific debt solutions as a legit company, because they are not licenced or bonding in canada or individual provinces to do what they are attempting to do. to date I have heard many horror stories about people giving these crooks money and never seeing any results. Most peoplea re being sued because PDS won't do the job the claim they will. BE WARE!!! Canadians with debt issues should seek accreditted counselling services such as National Credit Counselling society or 4 pillars ect. ALWAYS CHECK TO SEE IF THESE COMPANIES ARE LICENCED AND BONDED. There may also be foreign currency laws being broken because PDS is a US company.