Can we legally dump clear debt results?

Not sure fred, but someone will be along to help you shortly!

Do you have a signed contract with them? You could show the court that you signed up with this company & show the terms of the deal. Not sure if that would help...

Have you talked to the creditors to explain what's going on?

Well we did sign a contract but I'm unsure of the terms now. We have not talked to any of the creditors as we were told not to by clear debt results. My wife did call the lawyers office today and apparently they have negotiated with one of the cards to pay four thousand and something out of over $10,000 owed but we have to pay it in one lump sum. I'm hoping I can get a zero interest card to pay it with as it is mainly her credit that is shot.

We just signed a contract with clear debt results. This is the 2nd letter that i have read about this fraud. What do i need to do???? How do i investigate more. Please answer soon

If you do a search in the box above you will find alot of info about Clear Debt Results that will answer your questions

Is this one of those companies that disputes entire debts? I have heard bits and pieces about these kinds of companies, but didn't know how exactly they try to "handle" things. I'm sorry to hear about them taking advantage of you. Hopefully you will be able to get everything straight and get some justice for being misled.

Ele...I think with "settlement" you make payments to the company and they save it up..then contact the debt and try to pay it off ina lump sum at a reduced rate. VS...Debt Management where you pay monthly each debt through a company who makes the arrangements for you. As the smaller amounts get paid off the money then gets added in addition to the bigger ones and so on till they are all paid in full.

To everyone who has signed up with this fraud of a company: Let's all band together and file a class action law suit. Please post your story and we can start our own website. These people need to be stopped. I am contacting my local TV station reporter that confronts companies like this

My story is the same as others. I paid clear debt results over $7,000 and now I am filing bankruptcy, which is what I did not want to do. Let me know if we can file a class action suit against this horrible company.

I to sent them money and I am fit to be tied! They are awful and I mean awful! I am looking for answers class action or otherwise!

is this one of those erase debt programs? i know its not settlement the monthly payment is way to low

I have worked with three debt settlement companies and always, I make sure the client qualifies for the services. For one thing, if your credit is flawless and you are able to make your regular payments then you should not be consulting a debt settlement company. If you are falling behind, then you are already in trouble and the credit score is already taking negative hits. I have talked to numerous, good people, who no longer can make their payments, due to so many circumstances, beyond their control, and they call seeking help. I explained to them that they have one of five options: Keep paying as they have been; file for bankruptcy; go to a debt consolidation company (which also hurts your credit and they are not really non-profit because they work on behalf of the creditor and can't reduce your payments more than what the creditor will allow and often the creditor will change the plan to the consumer's disfavor); take out a loan and create a secured debt for unsecured debts; or work with a debt settlement company. Absolutely none of the choices except the first one is going to protect your credit from taking some negative hits. (Except taking out a loan, but it too, has possible serious ramifications) My clients knew this going into the program and if the representative you talked to didn't make this clear then they were in great error. It hurts the debt settlement company too, because they will end up losing such a client midway through the program. Without help, a client must make a decision to keep paying as they have been and this often means facing the realization that to pay off a debt at an average interest rate of 10 to 15%, they are not going to get a $10,000 debt paid off until after 26 years or more and the larger the debt, the time increases from there...Usually not in their lifetime. For many that I talked with, they knew their financial circumstances were going to be changing and they couldn't keep it up much longer and chose to come into the program to get the debt taken care of within 36 months or less. The credit card companies thrive by keeping their consumers in debt and do very little to make it possible for them to get out of debt. There are actully rules written within the credit card company's settlement agreements that only after a customer has gone past due will they consider settling for a lesser amount. But, unfortunately, you have to go past due to get to this point and this is where the debt settlement companies come into the picture. Inspite of the fact the credit card companies have this written in their descriptions of delinquent accounts and solving the debts, they still will fight 'tooth and nail' to get the full amount. Yes, they will try to do and often succeed in getting judgements against you, but still, if you continue on the plan to budget a certain amount of money each month, according to what you set up with the settlement company, they would much rather settle the debt than hang onto a judgement and once you have saved about 40% of the amount due, the debt settlement company starts negotiating with the creditors, and often resulting in much better than 40%. I cannot tell you how often a creditor gets in touch with one of the clients and tells them they are absolutely not going to negotiate with the debt settlement company, but they always do. In almost all cases, by the time they have been in the program for three months, the debt has already been sold to a third party debt collector, who has purchased the debt for five to ten cents on the dollar. They usually have a boiler room operation and teach the collectors to be hard boiled and very degrading in the way they talk to the debtors. Most people can't take this type of harrassment. This is why the debt settlement company says to not talk to them and let the settlement company talk to them instead. Going to a lawyer and filing bankruptcy is definately going to hurt your credit very negatively and will also stay on your credit report for 10 years, as well as hurt some employment opportunities. Lawyers are not cheap and unless you have a lawyer for a friend, you are going to pay a hefty price to use them. Also if you are going to use them to file bankruptcy, then one should not be complaining about getting a bad credit score, as it is a given that you are going to pay mightily for what the bankruptcy does to your credit report. I would rather have late payments, judgements on my credit report but also show that I managed to pay every creditor off. This usually goes a long way positively when trying to purchase a home. One of the things the debt settlement companies do is to get the creditor to issue a letter stating that the debt has been satisified and paid in full, which protects the client from still being harrassed by a third party collection agency from coming back later and trying to get the part of the debt you didn't pay. A few out there have another option, but it is not possible for so many who are strapped to the last dollar. If you have extra you can pay on a credit card debt, then pick the card with the lowest balance and put all the extra to that account. Once that card is paid off, take the same amount that you paid on that card, plus the extra and now apply it to the next card with the lowest balance. Keep doing this until you have all cards paid off and you will be out of debt quickly. This is the very best way of all for getting out of debt. I have talked with potential clients and when I found they could do this, I encouraged them to do this than to come into a debt settlement program. I could not do otherwise and still say I cared for my clients. Fortunately they had options, but many do not. Taking out a loan to pay off debts usually means one has to secure the new debt. This means that if you secured your house to the loan, then you put your home in jeapardy if anything should happen that now you could not make the loan payments. Looking at the present world situations, I would say that many that took out loans, based on their salaries, are now losing their homes because they can't continue making those loan payments. Up until they secured the credit card debts to their homes, the credit card debts were unsecured.
As I have stated above, there is no easy way to get out of debt, but for those that just can't bear having the debts for another 20 years to beyond their lifetime or no longer can continue the present payments, they do have options. They are not easy. I always felt particularly sad for those that were getting close to retiring and were looking at much reduced incomes and single, divorced or widowed women in their fifties who were now left with the same burdens but the income was now reduced to half or more. For so many, debt settlement was an answer to prayer for them and the program worked well and they did not talk to the creditors. Believe me, when I say... a creditor would rather have some cash in hand than nothing from a bankruptcy and when we reminded them of the fact that a client was close to bankruptcy, they eased back and let the debt settlement system work. But for those that kept talking to those boiler room riff-rats, they ended up being pulled and torn and not being able to believe anyone. One finaly note: I know that there are exceptions to the rule, but I found most times there were not exceptions and except for the few, we helped so many clients.

I too have been scammed!!! I am a young 26 yr old who was trying to clear up my debt for my future, now I am going to be garnished for one credit card. Luckily I gave in to another one and have paid them off, myself!! I still have some hospital bills from a car accident I had in Dec 2006, another credit card and that should be all. I am going to get all my papers in order to see what I can do!! Once I make sure I have all my information in order I will be contacting my local news station also!! I am working two jobs and am working so hard to be debt free or just make it in this tough economy yet....why rob me of my money, credit etc!!?? I live in MO and am interested in what we can do together as a whole to fight against Clear Debt Results!! Please let me know, what else is there to come!

File a complaint with the AG and FTC for starters...then contact a lawyer if you have been scammed. See what your options are.

There are alot of us out there that have been taken by this company. I also have filed a complaint with the better business bureau. I would like to know how I can get my money back. I am willing to join a class action suit. How do you start a class action suit.

There are alot of us out there that have been taken by this company. I also have filed a complaint with the better business bureau. I would like to know how I can get my money back. I am willing to join a class action suit. How do you start a class action suit.

I was just informed that CDR is out of business (whatever that mean) but I am more than welcome to use DebtGrad to pick up where they left off. For a fee of course. But the odd thing is that they are the same company. People, beware!

My wife and I have also been victims of this fradualent company. I am more than willing to a join on a class action suit.

I also have a victim of clear dept results. I am in the process of finding out if they ever settled one of the dept that they said they were going to settle. looking for a class action law suit also if there is any information out there please let us know. I have recently been served papers and am in the process of getting this train wreck back on track. any information would help.

I signed up with them...and now I am being garnished...they told me they would have to offer a settlement before that would happen...and that was not the case. Not my credit score has been severly damaged.

been screwed also, IRS is up my butt. Want info or results as to get the info they had about my accts. Must I call the atty. gen. or BBB?They got thier 3,500 to do this and left me up in the air. Livid!!!!!!!!!!!

I want to get in on a class action suit as I have also been scewed by them and the IRS now wants money for some of the debt I paid(they told me that would not happen) I need my agreement with them to show The Irs, But dont know how to get it? Ann Moring

They got me a few years ago as well. I want to join the class action law suit.

I am going after these scum bags one way or another I got sucked in for over 5000 myself.I am just starting to recover and by the way I have old dept that was cleared up by cdr that is now getting collection letters about 4 years later after having been settled. Look out CDR you are going down.