Any experience with Superior Debt Relief?

How much is the total amount of your debt? Depending upon the total amount, you need to decide whether you want to go for a settlement plan or a consolidation will do good.

Amex is very hard in accepting proposals, especially from any settlement company or a consolidation company. They want to get their money in full. Settlement companies will hit the proposals with lower payments. They don't like that.

But I know Amex often works with the people directly. Can you make the proposals directly to Amex?

Few members here are working with Superior debt relief and they are quite happy with them. You will find their posts in these links.

http://www.debtconsolidationcare.com/settlement/about14804.html

http://www.debtconsolidationcare.com/settlement/about14080.html

I just signed with Superior last week. They had the best plan for my circumstances.

Superior debt relief has a good business feedback since quite some time. They are unlike the other settlement companies who are not able to get consumers accounts 'settled' and dupe customers in the middle. Mary, I will pray for your success and hope the program gets over on a happy note.

Thank you Incredible Help, if it wasn't for all the positive reinforcement & good words I find here, I don't know if I would have come this far. Thankyou thankyou all of you

Thanks for the feedback on Superior debt relief everybody. It's good too know that they are both legit and well thought of.

I have gotten a promise of some help from family now which will go to knock off the AMEX debt. (That will feel really great) That should lower my total consolidation loan amount but I'm still leery of the 3 years-with-my-credit-score-in-the-dumper so I'm still deciding how best to handle all this.

I talked to a different company today with a better payment and shorter time frame. (put it in a separate post) Just have to see how they check out with all you guys in the forum before I make up my mind. :D

I'm just determined to clean up this mess that I made and have it hurt enough to help me remember not to do it EVER again!! I appreciate the advice I'm getting and I am SOOOOO happy to have found this place.

phrogg,

I'm glad to hear things are starting work out for you a little bit. I have never dealt with Amex myself but I am working with Superior Debt Services as my debt settlement company. I highly recommend them but I also know that this is not the choice for everybody. It took me three months to sign with them because I wanted to explore all of my options. I also had to dig myself out of my pdl mess since they didn't deal with those companies. My hubby has signed with them as well, well we signed together but he had to back out because his was mostly secured debt. He was able to sign up with our local CCCS office as they helped with the secure debt so we are on the road to recovery. Keep us updated on your progress. Mary Ann, how are things going for you?

I recently signed up with Fidelity Reserves. They sounded very convincing over the phone but it is a scary step to take. They do not give you any consolation while you are dealing with your debtors until they are paid off. Has anyone tried this company and if so what is your input?

Have you looked up the company on the BBB website for their rating there? I have never heard of them myself but maybe others can put in more feedback on them. Good luck to you :)

It doesn't make good business sense to offer a settlement of credit card debt based on the total debt, just because everyone talks about it this way. It makes sense to negotiate based upon your risk to the creditor, for example, what can they take? If you life in a state like PA, they cannot garnish your wages. File a two simple forms with the state and you can avoid them taking your cash and putting a lien on your home also.

I'm sure all of us can think of much better uses for our cash than paying a whopping 50% when you could legally pay 0% and invest your cash and have something to show for it later. Duh.

I was looking at the superior debt relief service but hired a debt negotiation lawyer instead. The lawyer service is actually cheaper. Plus it's illegal for debt collectors to contact me and harass me when represented by an lawyer.

Yes I am having problems with American Express and have been a customer for 18 years, I am considering using Superior
Debt Relief I have resear ched a few other companies but they were scams? Anyone else had a good experience with this compan?

Run away as fast as you can from Superior Debt Relief. You will just be throwing money out the window. If you need professional help, contact a local consumer protection attorney who deals with creditors. Try NACA.net for starters.

Below is my actual report that was posted on ripoffreport.com . It was amazing that once I posted this, the google search link was changed to so this report would not come up. Instead you are now directed to a different site. The story below is 100% true. Please read if you are considering using Superior Debt Relief.
Here is my experience with Superior Debt Relief thus far. I have been in their program for 2 1/2 years now. I started with 3 accounts totaling nearly 35K in debt. 2 were credit cards and one was an unsecured signature loan. All three had already been charged off and had been purchased by debt buyers. The debt buyers were LVNV, Midland , and the 3rd is now on it's 3rd buyer and is Riverwalk Holdings. For the first 18 months, fees were taken out of my monthly payments and went to Superior Debt. The total in fees came to just over 5K. LVNV sent a settlement offer of about 65% off the amount owed, after 18 months in the program. Superior Debt accepted that offer and cleared the first account. Keep in mind that Superior Debt only accepted the offer, and did not actually do any work to settle this account. Once that account was settled, I received a letter from a local law office stating they were handling my signature account and were representing Midland Credit. I forwarded all information on to Superior Debt. A couple of weeks later I received a "right to cure" letter from the law office. I knew that I was about to be sued and asked Superior Debt what needed to be done. They told me to "hang in there". That was their solution to the problem. Sure enough about 6 weeks later I was served with papers. At that time Superior Debt contacted the law office but the lawyer was not willing to negotiate a settlement. It was pay in full and the monthly payments they were requesting were beyond my means. I had to go down to the courthouse and file my answer which Superior Debt helped me fill out. They utilize a low cost lawyer help line that will assist you in filling out an answer. Superior Debt did pay the lawyer fee but I was on my own after that. Superior Debt will not provide any legal advice or assistance.
Superior Debt stated that they would be able to reach a settlement on this account. I stated that I should probably tap into my fund account to retain a lawyer. Superior Debt called and discouraged me from doing that. The week before the court date I contacted Superior to get an update. They stated that they would check and see. Friday rolls around (Monday is Court), and I email them to see what they had come up with. No response. I tried to call them after 4 that afternoon and they were closed for the day. I had to go to court on the following Monday, no lawyer, no help, no idea what to do. I met with the plaintiff's lawyer and had to negotiate my own settlement, and I settled directly with him for 66% for 2 lump sum payments. In fact the lawyer told me that they refused to work with I can only imagine that Superior Debt knew this all along and did not tell me. Thus far I have paid Superior Debt over 5K in fees and they have not really done anything that I could not have done myself. In fact they have not done anything to earn their fees as far as I can tell. Now I am dealing with Mitchell Kay's law office out of New York. They are not local nor licensed to practice in my state so I am not sure what their options are for filing a lawsuit. I will say that they have instantly added about 8K to what I actually owe and have sent me a settlement letter. The letter states they will settle for about 50% of the new amount. In other words it's close to the 100% of the original amount.
So now I will offer some advice, solely based on my experience with Superior If I had to start over and do this again I would retain a consumer attorney to represent me. The first reason being is an attorney would cost about the same as Superior Debt Relief. Second, once you retain an attorney, the must contact that attorney and not you. The calls and letters slowed but did not stop after I hired Superior Debt. Third, an attorney can negotiate with your creditors just like Superior Debt, and will be able to work with your creditors more effectively. And finally, if you do get sued, you will have an attorney to represent you in court, not to mention they can provide you with legal advice through the whole process. Superior Dept does not provide any legal assistance when you are in fact dealing with a legal matter. I was unable to make my 2nd lump sum payment from the court settlement due to a wage cut. I sent the local attorney a letter 30 days before the due date explaining my situation and I offered a very reasonable payment plan. I did not receive a response. I then hired a consumer/bankruptcy attorney a couple of weeks ago. It looks like I may be since Supeior Debt has been unable to settle my account that went into legal proceedings. So, for those of you who think you want to hire Superior Debt, please be advised that they will take your money, and will not be of help on any legal matters. BEWARE!

Are you saying its not good to go to a debt settlement company?