Popular searches:
unsecured debt settlement negotiate debt mortgage debt settlement
Talk to a Lawyer
Enter a zip code to speak to a Lawyer that serves your area.
Select the type of Lawyer you need
How do I find an honest debt settlement company to work with?
There are so many debt settlement companies out there. How can I tell which ones are reputable?
All Debt Settlement Litigation Questions & Advice
Can I cancel my debt settlement program if I plan on filing for bankruptcy instead?
If I start using a debt settlement program, does that prevent me filing for bankruptcy later? Or can I cancel my debt settlement program if I plan on...How do I find an honest debt settlement company to work with?
There are so many debt settlement companies out there. How can I tell which ones are reputable?How long does debt settlement appear on credit history?
I’m looking into debt settlement as an option for dealing with some very large debts I’m having trouble with. If I do this, how long will it app...How to settle a medical bill?
I’m self-employed, so I didn’t have health insurance when I was in an automobile accident. Months and several operations later, I owe over $25...How to settle credit card debt?
I owe almost $45,000 on several credit cards. I can’t pay that much, not on my salary and with my other expenses. I’ll declare bankruptcy if I...How to settle on car payments?
I am a retired firefighter in Cook County, Illinois. My only income is a combination of Social Security and my pension. I financed a car in 2007, ...How to settle student loans?
I’m being overwhelmed by my student loans? How can I settle them for less than what I owe?How to settle with a collection agency?
Please help me. I’m getting called at home and at work by a collections agency. They are trying to collect on a debt from a store credit card th...How to settle with the IRS?
I owe around $20,000 to the IRS for underpaying income taxes for three years. I was self-employed and didn’t understand how to figure out exactl...Is it possible to be sued while in a debt settlement program?
I’ve in a debt settlement program and am working with a debt settlement company? Meanwhile, the creditor has just sent me papers starting a lawsui...Will debt settlement ruin my chances at getting a new job?
I am trying to work out a settlement with my credit card company. I owe them around $15,000 and want to settle for less because I’ve been out of w...This site does not provide legal advice and users of this site should not interpret any of the information presented here as legal advice. The information provided merely conveys general information related to commonly asked legal questions. We are not a law firm and the employees responding to questions are not acting as your legal attorney. You should ultimately consult with a Lawyer for your case.
Answers
Your question is, “How do I find an honest debt settlement company to work with?” Finding one is a lot like finding an honest contractor to repair or renovate your home.
A very good place to start is with referrals. If you know of anyone, either directly or through networking, who has used debt settlement companies, ask them about their experience. Recommendations from people you know and/or have reason to trust is always the best way to find any professional.
Second, check with the Better Business Bureau to see if there have been any complaints.
Third, contact your state attorney general’s office to see if there have been actions brought against the settlement company.
Fourth, try an Internet search to see if any negative news items come up about the company.
Fifth, contact some debt settlement industry trade associations, to see if the company is a member in good standing.
Sixth, contact related professionals you know and trust, such as any attorneys, tax preparers, or CPAs. They may have a referral or suggest other good alternatives to help you with your debt.
Ultimately, the safest bet is to talk to a Debt Settlement Lawyer before you choose a company. A lawyer is bound by ethical laws, so you are always safe using a licensed attorney.
References:
Posted by Steven Sweig on 02 Jun 2010