Debt settlement
Date: Fri, 06/04/2010 - 09:28
Have you tried settling your accounts by yourself? You dont hav
Have you tried settling your accounts by yourself? You dont have to pay anyone to do it.
Do it yourself. I did, just got a 30% settlement. You are the
Do it yourself. I did, just got a 30% settlement. You are the only one working in YOUR best interests.
Make sure you check the Better Business Bureau rating of the com
Make sure you check the Better Business Bureau rating of the company at http://bbb.org
Also, because of upcoming new legislation you will want to avoid any company that charges Upfront Fees, meaning your payments for the first 3-6 months are going all to the company, NOT towards settling the account. Another bad sign is the creation of "escrow accoutns" and monthly maintainence fees. Because of the new laws going into effect a Debt Resolution company that has attorneys doing Bankruptcy Law in YOUR state, is the BEST company to do business with. Most of the companies I discovered on the BBB that do debt settlement are rated "F".
Quote:Originally Posted by danthemanDitto. Do it yourself. D
Quote:
Originally Posted by dantheman Ditto. Do it yourself. |
Double dittos.
You can make the debt settlement journey happen!
(with a little help from you friends in here)
Ciao,
King "Kash" Jabba Labba
The companies have already figured out a way around the no upfro
The companies have already figured out a way around the no upfront fee thing. A company here is charging $2000 to $3000 for educational materials. Then they charge you $500 when they have completed the settlements (if they can settle for you). I figured they would think of something and they did. They claim the state commerce department has signed off on it - like it's legitimate. But I think that the state just legally didn't have a way to stop them.
Do it yourself. It's not as hard as as you think it is and you remain in control of the situation.