Coleman Law Offices

They are not a member of the BBB, so it is hard to say. I have not heard of them personally, but chances are that somebody here has. They have had 2 complaints that have both been resolved.

Are they offering debt consolidation, or debt settlement? There is a big difference and you have to decide which is right for you. Personally, I prefer consolidation so that your credit is not negatively affected as much.

~Mary

They offer settlement. Can you point to the topic that has complaints about this company?

Thanks!!

Hi Zachman - the complaints were listed on the BBB website.

The Bureau processed a total of 2 complaints about this company in the last 36 months, our standard reporting period. Both of those were closed in the last year.

Complaints Concerned
Guarantees or Warranty Issues: 1
Outcome of the complaint -
Resolved: 1

Refund or Exchange Issues: 1
Outcome of the complaint -
Resolved: 1

Please take the time to look into debt consolidation on this forum - in the long run you will probably be much happier taking that route. Settlement will negatively affect your credit report and score. Just my opinion, look into all your options!!

~Mary

Thanks Mary. I am going to look into all my options. Actually, come to think of it, the Coleman Law Office is offering consolidation, rather than a settlement (I got confused). They are going to lump all the creditors of mine into one small monthly payment and work with my creditors on lower interest rates.

That sounds like a great plan, Zachman! Keep us posted on your progress. :) It is great to have you here, welcome to the forum!

~Mary

That sounds like consolidation. Go ahead Zachman. Good luck.

Also never hesitate to discuss your doubts with the counselor. Always interact with them so that the best deal comes up. Keep us posted.

Well, I signed and faxed over the paperwork. Hopefully I hear something within the next day or so.

I feel a lot better about my debt now that I took a step towards getting something done about it.

I'll be sure to keep you all posted.

-ttyl

Great job, Zachman :) You will sleep better at night, that is for sure!!

~Mary

Hi - I was wondering about Coleman Law Offices myself. Within one hour of signing up on this forum, Jack Coleman was calling my cell phone with "urgent" msgs. He kept leaving msgs regarding getting my "high interest rate down on all those cards". He called about five or six times before I called him back. I was concerned mostly because I didn't have any credit cards with any problems - My problem was with a few PDL's.

Anyway, I asked him where he got my information from and all he could tell me is that they collect their information thru the internet. He didn't have anything more than my name, number and knew that I had recently signed up/inquired about something debt-related. He was HOPING I had some high-interest credit cards, so he left msgs to that effect.

I just had a horrible experience in the last week with them. For four months I have belonged to them and made my monthly payments religiously. BUT, they had one of my account numbers wrong, therefore never got the proposal to my credit company. BUT, they never attempted to contact me to resolve this issue, instead, my credit card accumulated $300 more in interest, late fees, and overlimit fees. My credit now had a 90 bad mark on it because of their stupidity. It has caused me to look at other ways of paying off my debt. I thought they were great too, until this happened. Pay close attention to your statements and make sure your balance is going down.

Let me just add also that the ultimate point that everyone seems to want to avoid is bankruptcy and yes, it does stay on your CR for a period of 10 years.

However--Debt Settlement and Consolidation is basically looked at in the same way as bankruptcy when you cut through all the mustard and bread covering it. BUT on a brighter note, your credit will only go negative while in the program and will quickly stablize at a much better score than you had before entering the program while making regular monthly payments on time in the future. Future creditors will overlook some negative marks with a good payment history of some sort. We will survive this together!!!! :D

~I know what some of you are thinking....Good Gawd, why on earth would you come out of debt settlement and go right back into debt~ Actually, I am not talking about credit cards or PDL's. I am basically referring to future homes and newer vehicles. I know that my truck will be paid off in 3 years, right when I get out of the program, and I will need a newer vehicle.

My parents bankrupted and got two new vehicles within 6 months of their bankruptcy by placing 1500.00 down, so that gives me hope and motivation that I am doing the right thing. Their bankruptcy in the year 2000, has led us into the situation were in..however I looked at all my options before filing bankruptcy.

I have used this company going on 4 years. I did have a high debt balance and i pay 1000 a month. I get the credit card bills in the mail and it does show that the balances are going down. i know they get my interest rates down to almost nothing. I hope another 12 months of this and I will be done. i don't have any complaints.

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