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Persels and Associates: How dependable is it?

Persels and Associates is a law firm providing legal services across America and helping individuals get rid of their debts. Glance through the topics given below to know more about Persels and Associates.

What do customers have to say about Persels and Associates?

If you are wondering "Is Persels and Associates good?", you should be aware that there are mixed reactions regarding this company. Customers have expressed their views in the Debt Consolidation Care Community Forums. There are customers who are satisfied with the services the company provided, and there are also others who have made complaints against Persels and Associates in the forum. Here is what the customers have to say about this company:

Positive feedback

  • Settled debts successfully: Customers have said that Persels and Associates settled their accounts successfully and they are quite satisfied with Persels' work. Get more details…
  • Offered good legal help: Debtors have expressed their appreciation for Persels and Associates legal guidance when settling their debts. These customers seem to be very happy about the fact that they were helped by a law firm that took care of the legalities of their debt settlement procedure. Find out more…
  • Transparency in the way they work: Customers have offered Persels and Associates reviews about the transparency the company provides. They have mentioned that the company has been honest about how they use their customers' money for settling debts and how much of the money goes towards paying their legal fees. Get more details…

Negative feedback

  • Could not settle debt: Customers have complained that Persels and Associates charged them regular fees but were not able to settle their debts or protect them from lawsuits. Learn more…
  • Took money from the trust but settled only the smallest debt: One complaint about Persels and Associates stated that they only settled the smallest of the debtor's accounts, even though they collected about $3000 more than the amount of the debt in fees. Find out more…
  • Customers faced legal notices: Debtors have complained that despite enrolling with Persels and Associates debt settlement firm, they have been sued by creditors. Customers have also complained that they were not represented by the company in court and that they ended up filing for bankruptcy. Read further…
  • Not keeping track of the work they do: One consumer complained that Persels and Associates (Care One) did not keep track of the work they did on his account. The customer also complained that he was not able to get any information from Persels and Associates. Get more details…

You may contact Persels and Associates via e-mail at "".

How does a proper debt settlement firm work?

So that scam companies cannot trick you and get your money without offering you any services in return, you should be aware of how a proper debt settlement company functions. Take a look at how they work:

  • Debt settlement is the process where you negotiate with your creditors to pay less than what you actually owe. Here, you ask creditors to forgive a certain percentage of the debt amount. Through this program you may be allowed to pay 50% - 75% of the total debt and settle the account.
  • Qualification for a settlement program may mean that the creditors require you to pay the settled amount in a lump sum, or you may be permitted to pay the money in installments over a short period of time.
  • In certain states it is illegal for a debt settlement company to advise you to stop paying your debts in order to save for a lump sum settlement. You should do some research to make sure the debt settlement company you have chosen is complying with your state's laws.
  • A debt settlement company will charge you to do your settlement. If you are getting professional help, you should ask the company about their fee structure before you enroll and make sure they keep their word. Ask them how much money you will be required to pay every month, and out of that, how much would go towards your debt payment and how much will be taken out for the firm's fees. Some companies like to keep their processes transparent while some don't.

When shopping for a debt settlement company, compare fees and services from at least more than 3 or 4 settlement companies before enrolling with one. You will have a better idea about the companies and which offer is best for you.

I'm working with Care One and they want to refer m...
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I'm working with Care One and they want to refer me to Persels and associates llc for a debt settlement program. Our credit sucks - so I'm not worried about a settlement program damaging our credit- I'm more concerned about the fees. The guy from care one, said I'd have to pay 100.00 to retain Persels & Associates debt settlement company. What other fees do they make you pay? I read online that a lot of times they want the fees up front. I can not afford a lot of fees - hence why I'm looking into a debt settlement.

Does anyone have advice on this? This is just stressing me out to the max. I do not feel like myself anymore. :( I just want all this crap to be taken care of...

Thanks in advance.


Did Persels & Associates say what their fees were and over how long of a time did they take them ? Also what state do you live ? Who do you owe and how much ? How delinquent are the accounts ?

Sub: #1 posted on Tue, 11/04/2008 - 09:39

mobile0311 mobile0311
(Posts: 1817 | Credits: )

Most settlement companies just charge a percentage of your total debt - the common amount seems to be 15%. I am in a settlement program, and there are no other costs or retainers other than that fee. It is a three-year program, and their fee is spread out over the first 18 months or so, but when I make a monthly payment only a PORTION of that payment goes toward the fee - the rest is available for settling accounts. I have been able to settle three accounts, including two of my largest, in the first 10 months (began the program in Feb.). A fourth account, my largest of all, I did on my own outside of the program because my funds in the settlement program were committed to settling another account at that time. Because of that, my settlement company deducted the estimated settlement amount of the account I did on my own, and their fees that would have been associated with it, making my monthly payments lower.

Paying the fee for me was alright, because I had so much debt and so many creditors and just wanted to turn the whole mess over to professionals. I did a lot of research and found a company I believed to be a good one, and so far they have done a super job. HOWEVER, many people have good luck in just settling their accounts on their own, so they don't have to pay any fees at all. You might want to look further into that, negotiating with your creditors on your own. I would have gone this route if I didn't have such a large debt, or so many cards. I have read a lot of good info on this site about that; check out previous posts about settling debt on your own and you will find some good advice.

Sub: #2 posted on Tue, 11/04/2008 - 09:50

SusieQ SusieQ

(Posts: 302 | Credits: )

Did they say what their fees were and over how long of a time did they take them ? Also what state do you live ? Who do you owe and how much ? How delinquent are the accounts ?

They did not say what their fees would be. I live in Ohio. I owe a lot of people. collection agencies (from charged off credit cards) collection agencies for medical bills - a past due tax bill,
*sigh* too many people... :(

They are really delinquent - like 1-3 years.

Sub: #3 posted on Tue, 11/04/2008 - 10:21

chrisiw chrisiw

(Posts: 2 | Credits: )

I am with Superior Debt Services, and they were very up front with their fees and how they are collected, way before I signed up with them. What worries me about your case, is that they won't tell you what the fees actually are. Doesn't sound like they are up front with their potential clients, which could mean trouble later on. I certainly wouldn't consider signing up with someone who won't even tell you how much they are going to charge you. Smells fishy.

Sub: #4 posted on Tue, 11/04/2008 - 12:45

SusieQ SusieQ

(Posts: 302 | Credits: )

For settling your debts, contact me at

Sub: #5 posted on Wed, 11/05/2008 - 14:41


I thought there were debt collection agencies that did this for a very low fee. I think I heard something about this on TV. One advertised free credit counseling with zero fees. I wish I could remember which one it was

Sub: #6 posted on Wed, 11/05/2008 - 18:28

fireyone_02 fireyone_02

(Posts: 73 | Credits: )

I had car one originally,
Now I am with Persels and Associates LLC.
They already have a settlement with one of my companies now. Persels settled a balance of 877.00
To 465.00
By July this will be paid off.
I pay them 274.00 a month.
88.00 toward the settlement and the rest to start new settlements with other companies.

Sub: #7 posted on Mon, 03/23/2009 - 12:06


all settlement companies charge differently. some charge 15% of the origional debt a little out of the account every single month, some charge outragous upfront fees right at the beginning (not advised) and nothing else, and some charge a % of what was saved by thier settlement agreement (makes them work harder, the better the settlement the better they get paid)

so it all depends on that particular company on how they charge and how much. This should be a open book, and they should be upfront about it, if they are shady and don't want to discuss it, use caution.

Sub: #8 posted on Tue, 03/24/2009 - 07:14

love_my_things love_my_things

(Posts: 1434 | Credits: )

If you plan on going with careone, they will refer you to Persels & Associates to handle settlements. With them, all they tell you is $100 is for legal fees. They don't tell you that every month for the next 18 months, legal fees will be deducted from your monthly payments.

Sub: #9 posted on Mon, 03/30/2009 - 10:05


I have been with Care One for about 6m. and honestly if your creditors are anything like mine-Cap. One, they don't want to work with you or settle with you so they take you to court. Joining Care One and getting to speak with Persels & Associates has really saved me because I have no idea what all of the legal paperwork is and how to go about fighting for your rights in a civil case. Persels has given me a lot of advice and guidance legally. I have had to go to the courthouse to do a lot of filings and I actually go to court today for a trial on this $5000 debt that Cap. One refuses to settle on. I would recommend paying a few legal fees. Care One did disclose EVERYTHING to me up front and they send statements every month breaking down how much money goes to legal and how much into my settlement account.

Sub: #10 posted on Mon, 04/06/2009 - 09:21


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