What Is The Difference Between Debt Settlement, Debt Consolidation and Credit Counseling?
When struggling with debt, consumers often do not know what their best options are. There are three different services that some of our clients frequently consider before filing for bankruptcy: Debt Settlement, Debt Consolidation and Credit Counseling. These terms are sometimes used interchangeably but they are indeed different and have very different costs, effects and […]
Can I Cancel My Contract With A Debt Settlement Company?
More and more frequently, we are finding that some debtors with whom we meet, have already hired a debt settlement company to attempt to resolve their debt issues, prior to coming in to meet with us. The debt settlement companies advertise that they can settle with credit card companies for a fraction of the debt […]
What You Need to Know About Debt Settlement
Consumers who are struggling with debt are not always sure about their options. Instead of speaking with an experienced bankruptcy attorney, some debtors enroll in debt settlement “programs” which are promoted by debt settlement companies through television and social media advertisements that are often aggressive and deceptive. As the holiday season ends, you may notice […]
Debt Settlement Companies: What They Don’t Want You To Know
Debt settlement companies are for-profit, multi-million dollar businesses that typically promote their services as debt consolidation “programs”. Debt settlement companies sell their services by stating that they can significantly reduce their client’s credit card balances by negotiating with creditors to achieve a lump sum settlement. Typically, debt settlement companies advertise that they can save consumers […]