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What Do You Think of Legal Helpers Debt Resolution? – Janet

“Dear Steve,

My husband and I find ourselves in an unfortunate financial situation (as do many!) and are considering a debt consolidation company. I have done some on-line research and it appears as Legal Helpers Debt Resolution, LLC is one of the more reliable. My are looking for consolidate and reduce credit card and medical bills. My husband was without income for almost a year and we find ourselves “in a hole” like never before. We have had large medicals in addition to huge credit card balances (needing the credit cards to pay monthly bills to keep our heads above water while he was unemployed). He is now working but at a much reduced income and we are just unable to climb out. My question: is debt consolidation a good idea? And also, is Legal Helpers Debt Resolution the company to go with? I researched them and they have an A rating with the Better Business Bureau. Any input from you would be appreciated! (The debt we are looking to consolidate is approx $20G) Thank you!

Janet ”

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The Answer

Dear Janet,

First off, one observation is that as of the time of publishing this question Legal Helpers has not yet embraced the call for openness and transparency in the debt settlement industry like US Debt Resolve has, click here. WIthout facts and information you have nothing to judge the performance of the company on other than what the sales person tells you.

Here is what the Federal Trade Commission says to look for when selecting a debt settlement company.

Avoid any company that promises to settle your debt if it:

  • touts a “new government program” to bail out personal credit card debt
  • guarantees it can make your unsecured debt go away
  • tells you to stop communicating with your creditors
  • tells you it can stop all debt collection calls and lawsuits
  • guarantees that your unsecured debts can be paid off with pennies on the dollar
  • requires that you pay the full fee within the first few months

You might want to use that checklist from “Settling Your Debts” as a guide in how to quiz the Legal helpers sales person.

But all of that aside, I’m at a loss to see how debt settlement would be my first recommendation in your situation. With such a big hole to crawl out of you need to ask yourself if you have a greater responsibility to fix the past or the future. Now that you are somewhat back on your feet at a reduced income I think your top priority should be to first build a solid financial foundation. I’m worried that all a debt settlement program might do is drag this situation out for years when you need relief right now.

I’d like for you to evaluate how much money you have leftover for debt payments after your expenses, an allowance for some fun and putting at least $100 in savings each month. This savings account, or emergency fund, is critical in your ability to protect yourself from a future financial surprise arising and leaving you in a really bad spot. You might want to use the budget information from my free eBook, “Eliminate Your Debt Like a Pro.”

It would be prudent and logical in your search to also talk to a bankruptcy attorney. Click here to find a local bankruptcy attorney. The appointments are typically free. But without the meeting with the bankruptcy attorney it sounds like you will only be making a decision on who to go with based on what a sales person tells you. I want you to make the best choice and decision for yourself and you can only do that by examining all sides.

Under bankruptcy you are probably eligible for a Chapter 7 bankruptcy, at least 75% of recent bankruptcy filers were. In a Chapter 7 bankruptcy all of your debt, including the medical debt, can be discharged, all collection calls will stop, lawsuits will be blocked and you will get a fresh start in months, not years. A Chapter 7 bankruptcy will run around $1,750 and when you compare that against a typical up-front fee settlement company fee of 15% of debt which would cost you $3,000, bankruptcy is cheaper.

If after meeting with the bankruptcy attorney, if you are still considering debt settlement and want an independent review of any debt settlement program, consider contacting Damon Day for a private consultation. He’s a straight shooter and can give you a second opinion.

Please update me on your progress by posting updates here in the comments section of your question. I’m very interested in how this works out for you.

Big Hug!

What Do You Think of Legal Helpers Debt Resolution?   Janet
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About Steve Rhode

Steve Rhode
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.
  • Angelo
  • Loretta J Hollifield

    today is 5/22/2012 . I have tried to call Legal Helpers for the last three weeks and I get no response. I am A very dissatisfied customer.   Loretta J. Hollifield  Hampton Virginia                 Phone 757-838-2309

    • http://GetOutOfDebt.org Steve Rhode

      Loretta,

      I just sent an email to one of the partners at LHDR and brought your comment to their attention. Please let me know if you hear from someone there.

      Steve

  • NANCY DUKE

    I AM ON MONTH 22 OF MY RELATIONSIP WITH LEGAL HELPERS DEBT RESOLUTION, LLC.  SO FAR ME, MYSELF AND I HAVE SETTLED WITH CHASE WITH PAYMENTS GOING THROUGH GLOBAL CLIENT SOLULTIONS.  TO DATE LEGAL HELPERS HAS COLLECTED $8,222.54 FOR GLOBAL FEES, RETAINER FEES, MAINTENANCE COSTS AND SERVICE COSTS.  MY LAST SERVICE COST WILL BE IN JULY 2012.  PAYMENTS FROM MY RESERVE ACCOUNT ARE CURRENTLY BEING PAID TO BANK OF AMERICA.  MY PROBLEM IS THAT I HAVE BEEN SUED BY CAPITOL ONE, HAVE A PRETRIAL CONFERENCE SCHEDULED ON APRIL 12, 2012, AND TRIAL ON APRIL 16, 2012.  LEGAL HELPERS HAS BEEN AWARE OF THESE DEADLINES SINCE SEPTEMBER 2011 AND HAVE REFUSED TO CONTACT THE ATTORNEY FOR CAPITOL ONE TO CONFIRM THAT THEY BEEN RETAINED IN THIS MATTER OR TO PROVIDE A TIMELINE OF WHEN CAPITOL ONE CAN EXPECT SETTLEMENT NEGOTIATIONS TO BEGIN. 

    ADDITIONALLY, THE SATELITE OFFICES, FIRST IN LAS VEGAS, THEN SANTA ROSA, CA, HAVE BEEN CLOSED.  I WAS INFORMED OF THE CLOSURE IN SANTA ROSA THIS PAST WEDNESDAY, APRIL 4TH AT 4:00 P.M.  STEPHANIE MCCLENDON, A CLIENT CARE COORDINATOR, WAS ONLY ABLE TO GIVE ME AN 800 NUMBER AND NO NAME TO CONTACT AT LEGAL HELPERS’  MAIN OFFICE IN CHICAGO.  WHEN YOU DO CALL THE 800 NUMBER YOU GET THE RUN AROUND.  OUT OF 6 CALLS 2 WERE RESPONDED TO BY TIARA WRIGHT, A MINION, WHO TELLS ME JOHN MOODY IS HER SUPERIOR AND MIGHT CALL ME BACK ON MONDAY.

    THERE IS A COMPLAINT FILED AGAINST LEGAL HELPERS DEBT RESOLUTION BY LISA MADIGAN, THE ILLINOIS ATTORNEY GENERAL.  I HAVE FILED A CLAIM WITH MS. MADIGAN, THE FEDERAL TRADE COMMISSION AND THE U.S. BETTER BUSINESS BUREAU FOR CONSUMER FRAUD. 

    IF THERE ARE ANY OTHER GOVERNMENTAL AGENCIES I SHOULD CONTACT, PLEASE LET ME KNOW.  THANK YOU, NANCY

  • Linda

    I was involved with Legal Helpers Debt Resolution in Tamarac, Florida. STAY AS FAR AWAY FROM THEM AS YOU POSSIBLY CAN!!!

  • Damon Day

    I just got off the phone with a reporter who is working on a story
    regarding Legal Helpers and Morgan Drexen.  She asked me if I knew of any consumers that had experiences with either of those two companies and would to contribute to the story. I asked her how many she would like, and the response was, as many as possible.

    If there are any consumers
    that would be willing to come forward to share their experience as a
    client of either of these companies, please let me know and I will pass on your information to the reporter for contact.

    The deadline is this Tuesday or Wednesday.  So let me know by 6/22/2011 at the latest.

    You can contact me by clicking on my name.  It will take you to my profile with a link to my site and you can send me an email there.

  • http://DamonDay.com Damon Day

    I just got off the phone with a reporter who is working on a story
    regarding Legal Helpers and Morgan Drexen.  She asked me if I knew of any consumers that had experiences with either of those two companies and would to contribute to the story. I asked her how many she would like, and the response was, as many as possible.

    If there are any consumers
    that would be willing to come forward to share their experience as a
    client of either of these companies, please let me know and I will pass on your information to the reporter for contact.

    The deadline is this Tuesday or Wednesday.  So let me know by 6/22/2011 at the latest.

    You can contact me by clicking on my name.  It will take you to my profile with a link to my site and you can send me an email there.

  • Pfffff………..

    Which ones?

  • AA. everettsoe

    I work for Legal helpers and your statements are false.

  • AA. everettsoe

    I work for Legal helpers and your statements are false.

    • Pfffff………..

      Which ones?

  • Steve Rhode

    Legal Helpers Debt Resolution has just been sued by the Attorney General of Illinois. You can read the suit here.

  • http://GetOutOfDebt.org Steve Rhode

    Legal Helpers Debt Resolution has just been sued by the Attorney General of Illinois. You can read the suit here.

  • chris

    Wow, can you at least pretend you don’t work at legal helpers when you post your garbage about how great they are, I work at an attorney’s office and we sue people who thought they were “protected” by legal helpers EVERY DAY, and when the debtors get the summons to appear in court their tune changes really quickly. These once difficult people to deal with, all of a sudden are all smiles and giggles to pay their bills or call in hoping to settle the account, guess what, it’s to LATE. Legal documents have been filed with the state and know you will see why legal helpers doesn’t do anything to help you. 99% of the time we can’t even get them to answer the phone. What does that tell you about a company that can’t even pick up the phone or return voicemails that we leave over and over? Pay your bills in order of importance, IRS gets paid 1st, Attorney’s 2nd and collection agencies get paid whenever you can afford it, what can a collection agency do to you except call you everyday the law allows. Best bet is pay your bills on your own, why pay someone to pay them for you when they feel like it after they’ve been paid, which usually is 9 months to a year later

  • Brian Eitemiller

    Legal Helper’s Debt Resolution has an “F” rating from the BBB…see that here…

    http://www.bbb.org/chicago/bus

    Their sister company, American Platinum Financial Services, also rates and “F”. Run away…fast. I’ve delt with them, and reported them to the Arizona Attorney’s Office.

  • Brian Eitemiller

    Legal Helper’s Debt Resolution has an “F” rating from the BBB…see that here…

    http://www.bbb.org/chicago/business-reviews/attorneys/legal-helpers-debt-resolution-in-chicago-il-88372018

    Their sister company, American Platinum Financial Services, also rates and “F”. Run away…fast. I’ve delt with them, and reported them to the Arizona Attorney’s Office.

  • Lorenjames

    I think since Legal helpers took over SDS things got very sloppy. My account withdrawal has been over drawn from Legal helpers and SDS promised to help my credit after my debt was disolved, but legal helpers said they don’t do that. SDS has done all my other debts and I have one more debt to finish this year with Legal helpers and i am done.

  • Lorenjames

    I think since Legal helpers took over SDS things got very sloppy. My account withdrawal has been over drawn from Legal helpers and SDS promised to help my credit after my debt was disolved, but legal helpers said they don’t do that. SDS has done all my other debts and I have one more debt to finish this year with Legal helpers and i am done.

  • ComplianceSlave

    They have 37 BBB sites- This one has 131 complaints last 3 years… I’m confident they earned an F- http://www.bbb.org/chicago/bus
    NEVER USE A COMPANY FOR DEBT SETTLEMENT THAT TAKES FEES BEFORE SERVICE- SO SAYS THE FTC- http://business.ftc.gov/multim

  • Ally

    before putting all your eggs in the BBB basket maybe you should read this:

    http://ctwatchdog.com/2010/11/

  • Jeanlove

    This company is not accredited with the BBB.

  • Jeanlove

    This company is not accredited with the BBB.

  • Jeanlove

    I did not have a good experience with this company. They collected $500 from me. They were certainly there to debit my account every month and did not contact my credit card companies in all. If you are going to try to settle do it directly with the companies and save yourself some money. They will do the same thing and you don’t have to pay anyone to help. They are also not accredited with the BBB.

  • Joe_debt_jr

    just my opinion Jpotts0920, I believe that is what legal helpers had always intended since they understand debt settlement has the highest dropout rates so they try to squeeze you in their debt settlement and switch over to BK which is their main practice so they can keep their clients funneling money to them. its like a monopoly for the debt relief industry. If I was in your situation i contact another law firm locally and seek legal representation to see what course of action is best for you situation if it comes down to BK.

  • Jpotts0920

    I turned to Legal Helpers back in April when we finally just could not keep up with our monthly payments. All of my accounts were current until I decided to let Legal Helpers take over..I was very falsely told how this would work so needless to say I agreed.. It has been 6 months as of Oct 15, 2010 I have been summons to court for 3 of my accounts already and not one settlement has been set on any of my accounts. I have never missed a payment of $440 a month which comes directly from my checking account. I am now being told I should just talk to a bankrupt attorney and that I probably could get maybe 25% of what I have already paid to Legal Helpers back.. Considering I have paid them over $2400 that is just not acceptable since none of my accounts have not been settle not even one…

  • Jpotts0920

    I turned to Legal Helpers back in April when we finally just could not keep up with our monthly payments. All of my accounts were current until I decided to let Legal Helpers take over..I was very falsely told how this would work so needless to say I agreed.. It has been 6 months as of Oct 15, 2010 I have been summons to court for 3 of my accounts already and not one settlement has been set on any of my accounts. I have never missed a payment of $440 a month which comes directly from my checking account. I am now being told I should just talk to a bankrupt attorney and that I probably could get maybe 25% of what I have already paid to Legal Helpers back.. Considering I have paid them over $2400 that is just not acceptable since none of my accounts have not been settle not even one…

    • Anonymous

      just my opinion Jpotts0920, I believe that is what legal helpers had always intended since they understand debt settlement has the highest dropout rates so they try to squeeze you in their debt settlement and switch over to BK which is their main practice so they can keep their clients funneling money to them. its like a monopoly for the debt relief industry. If I was in your situation i contact another law firm locally and seek legal representation to see what course of action is best for you situation if it comes down to BK.

  • Ana

    That is because the partners of Legal Helpers the Bankruptcy Law Firm and the Debt Resolution have a very high tech IT department which they pay to remove any negative comments about them and write positive ones. They even force their managers to write positive reviews. The plain truth is that Legal Helpers is highly unethical. Having been a former employee of the Bankruptcy Law Firm, I realized the company is horrible. You’re better off researching more if you want to have a pain free Debt Resolution experience.

  • Candice

    Actually Legal Helpers will be the only compan offering full client protection and representation when the new laws go into effect. Never before had a debt settlement company fully represented a client like Legal Helpers will, plus they are also the largest Bankruptcy Law Firm right now anyhow. So people will be covered through and through thats why I signed up with them, because of the new service they are offering

    • http://GetOutOfDebt.org Steve Rhode

      Please note, this comment comes from the same address as others on this site under users with different names. I’m approving it but find it suspect.

      • Ana

        That is because the partners of Legal Helpers the Bankruptcy Law Firm and the Debt Resolution have a very high tech IT department which they pay to remove any negative comments about them and write positive ones. They even force their managers to write positive reviews. The plain truth is that Legal Helpers is highly unethical. Having been a former employee of the Bankruptcy Law Firm, I realized the company is horrible. You’re better off researching more if you want to have a pain free Debt Resolution experience.

    • chris

      Wow, can you at least pretend you don’t work at legal helpers when you post your garbage about how great they are, I work at an attorney’s office and we sue people who thought they were “protected” by legal helpers EVERY DAY, and when the debtors get the summons to appear in court their tune changes really quickly. These once difficult people to deal with, all of a sudden are all smiles and giggles to pay their bills or call in hoping to settle the account, guess what, it’s to LATE. Legal documents have been filed with the state and know you will see why legal helpers doesn’t do anything to help you. 99% of the time we can’t even get them to answer the phone. What does that tell you about a company that can’t even pick up the phone or return voicemails that we leave over and over? Pay your bills in order of importance, IRS gets paid 1st, Attorney’s 2nd and collection agencies get paid whenever you can afford it, what can a collection agency do to you except call you everyday the law allows. Best bet is pay your bills on your own, why pay someone to pay them for you when they feel like it after they’ve been paid, which usually is 9 months to a year later

  • John Serra

    Chris,

    Thanks for your comments. I am right at the stage of signing the agreement, and had my attorney at Pre-Paid Legal review the documents. She commented on the no promises, and encouraged me not to sign with them. She said that I would most likely be sued, and that LHDR won’t help me if they do. I’ve asked my sales person to provide me with statistics on suits brought on by my CC companies, and other FACTS that indicate a likely favorable outcome. I don’t think I’m going to move forward with them.

  • Chris

    I am trying to get any comments of other people who have used Legal Helpers Debt Resolution company. The person I have dealt with has been really great, patient, kind, a very exceptional person—but the legal agreement I was being led to sign was not all understand by this representative.

    I read it more carefully with the rep. and found out that is says that accounts with cash advances do not qualify for their minimum guaranteed debt reduction (plus fees). The way it is stated it is debt reduction of 35% minus fees or something close to that, which sounds backwards. What it means is that if they can’t reduce the gross debt 35% to a debt settlement level of 65% of one’s current debt then your 10% fee to a finance company is waived (with certain people not qualifying for the guarantee, as apparently I do not, having make cash advances with my CC account).

    –HOWEVER, this representative said, very honestly, that ordinarily they don’t settle until one year after the contract starts. However, service fees of $50/mo. (over one year, about 4% of my total debt) would be taken out within the first year. So if one’s account cannot be negotiated successfully, let’s say, one of mine, then I would only find out about that after 1 year, and all the service fees (or a proportionate part) plus the legal retainer fee would theoretically not be recoverable by me according to the document that I recently signed, (whoops!?).

    This rep. of LHDR said that the agreement wouldn’t be in effect, though, until we went through a verbal, recorded session. Thank Goodness! I really liked the representative, who was one of the nicest, most patient, and honest-to-goodness persons I have talked to in my life, but the agreement wasn’t fully understood by the rep., and not fully explained to me. Also, there were punctuation errors and a grammatical error in the document to sign, which also gives me pause, as if the document was hastily thrown together without adequate, even grammatical, checking and/or editing.

    If someone is asking me to sign some legally-binding document, yet the document has misspelled words, mistaken punctuation, or errors in logic, I won’t sign. My thought is, in regard to these type of documents with spelling, punctuation, and.or grammatical errors, “who wrote this document, someone in Nigeria? In a small apartment in London, Mumbai, or …???” And it may just be a punctuation error, since many people tend to be sloppy with English these days, but a LAW FIRM that highly touts it’s own services???

    Thank goodness this service representative allowed me to read the relevant section out loud to log it in my head, and then I discovered this ‘problem’. Basically, as I understand it, with LHDR, there is no debt reduction guarantee of a minimum 35% debt reduction as in: “This minimum standard provision does not apply to any Client’s individual accounts accepted into the debt resolution plan which have had balance transfers, cash advances, accounts initially with balances fewer than one thousand dollars ($1,000) or where there is a law suit already filed on such individual account.”

    In the case that one of the above 4 conditions applies, then they offer to discuss “other legal remedies in the event of such circumstances including Chapter 7 or Chapter 13 bankruptcy.”

    So now I’m wondering if I have limited my options by signing this Retainer Agreement, albeit with a supposedly necessary verbal, recorded call to make it final. This company may be legitimate and good, but this process leaves me short and wondering if it will be a good experience…with no guarantee, and $1100 in legal retainer and service fees before I know if there is a successful debt renegotiation, plus the financing company’s (a separate company) charge of 10% of current debt, now being disqualified from their supposed ‘guarantee’.

    If so, I would lose basically all fees up to that point (a total in my case of 17.3% of my total debt), and potentially get nothing since their guarantee does not apply to me–the rep. even misrepresented this–in sort of a haste to rip through this particular sentence—not a very good guarantee, is it? I don’t think so.

    In my case, I could be putting out $2600 and getting nothing. I’m glad I read the document more closely before a final verbal agreement, so I assume this retainer is not valid or active as per the representative’s verbal representation. OH, boy, watch out for these companies, i guess. It may be good, but this company, Legal Helpers Debt Resolution, has only been in business for about one year.

    Also, it has a B+ rating from BBB now on 5/31/2010, not an ‘A’. The ‘A’ rating reported above may have been an ‘A’ because the co. did not have any track record or complaints because it was so young at that point. This company may be good, but for me, it sounds like a big risk with no real guarantee of anything.

    And being fully informed is of the essence. I would urge people to read through any retainer agreement or debt resolution document given to them–thoroughly, once, then write questions down, then ask them to the rep., ask others, and then read it again, ask others, etc. Maybe at least two times. It is important not to let the evident niceness, sincerity, and caring nature of a service rep. blind a person to the real guts of an agreement. ‘Nuf said.

    • Diane

      Chris,
      I think I have been scammed and need some guidance, since you have just been through this. Were you dealing with Legal Helpers, LLC? They did NOT tell me that it would take up to to one year to resolve any accounts, in fact I was told that it would “only be a couple of months” and they did not say anything about the debts going in to collection….which is apparently what they want to happen. Any suggestions would be helpful.

      Thanks in advance.

      Diane

  • David Mitchell

    Hi Steve,

    Thanks for the prompt response and the clarification to my first question. Are you willing to respond to the rest?
    specifically again where I asked:
    “Are you a for profit? How do YOU get paid? Through Damon? Other kickbacks? In short, who exactly are you? What credentials do you have? Degrees? Etc. Pls give us Back Ground and who you really are. Thanks much, and I look forward to learning YOUR angle… Meaning you would have us to believe everyone has one and I think you are right. So what’s yours?”
    I have visited Damon Day’s site and will do as you suggest and contact him. Since you seem to recommend him on most of your blogs, Is he a benovolent organization? Does he charge let all these other companies you have concerns with? Why should I trust him? Whats in it for you? Are you disclosing your financial arrangement? Up to you to answer or not of course, but I will ask with your permission.
    Hopefully you are not offended that.

    Your Welcome for the pat on the back… like you, I wish to be an encourager. – David

    • http://GetOutOfDebt.org Steve Rhode

      David,

      I think you missed the pages I was referring to in my last comment.

      This might also answer some of your questions, click here.

      As for your questions about Damon, please feel free to go to his site and ask him directly.

      Steve

  • David Mitchell

    Hi Steve,

    in reading your legal advice regarding bankruptcy, seems like potentially good advice for me. I assume you are an licensed Atty. Where may we check your legal background and credentails? Ie what state bar? I noticed you referred someone and typically do, to Damon Day. Is he also a licensed Atty ? Meaning is he license to give legal advice as you do above? Just want to make sure that you aren’t a scam and I am sure you won’t mind putting yourself and Damon under the same tests you do others… Correct? Meaning you appear to be so genuine and caring. That very honorable. Are you a for profit? How do YOU get paid? Through Damon? Other kickbacks? In short, who exactly are you? What credentials do you have? Degrees? Etc. Pls give us Back Ground and who you really are. Thanks much, and I look forward to learning YOUR angle… Meaning you would have us to believe everyone has one and I think you are right. So what’s yours? – David

    • http://GetOutOfDebt.org Steve Rhode

      David,

      For legal advice you will need to speak to a licensed attorney in your state. I’d be very surprised where I may have spoken about bankruptcy with a consumer and not referred them to a local attorney. Do you have a specific post you are talking about?

      You are welcome to read the site terms and testimonials via the corresponding links for more information.

      Thanks for the pat on the back regarding the good advice.

      Steve

      • David Mitchell

        Ok, I do see the terms… tough to find I guess unless people know what to look for.
        You write:
        “The two specific recommendations I make for credit counseling and debt settlement go to people or groups that have proven to me to be good caring people.”

        And is it “Safe” to assume these to recommendations have also proven to you to be good “PAYING” people too? (aka Kickbacks???)

        Meaning, I would assume so… but since you fail to disclose one way or the other… I’d like to be fair and ask rather than assume. I hope you appreciate WHY, a gullible and general ignorant (in this area at least) person would like to know something that is obviously material to the “free” information you give.
        Again, hopefully you don’t mind the same scrutiny… just doing what you teach… right?
        -David

      • http://GetOutOfDebt.org Steve Rhode

        David,

        I just read through the terms page again and it seems very open and right out there. The kickback theory doesn’t seem to fly since I get money from Google ads but I don’t recommend people to those companies.

        And I do stand behind my statement you quoted, “The two specific recommendations I make for credit counseling and debt settlement go to people or groups that have proven to me to be good caring people.” I have found those entities to be good allies for consumers.

        Steve

  • Chris Hummel

    Steve,

    I signed up in January with cdsclientservices.com , so far they are doing what was explained to me at the beging. They did say however that when a creditor calls refer them to their 1-800 # and advise them that you are under leagal representation. I am still however receiving call from creditors to speak with us. They did collect from me already about $2700 that was described to me a retainer for lawers fees and services.

    Is this company reputable? Did I get myself into something bad? Please let me know your feelings.

    Thanks,

    Chris

    • http://GetOutOfDebt.org Steve Rhode

      Chris,

      I think you should go read “Senate Hearing on Debt Settlement Industry – April 22, 2010. Ouch! That’s Going to Leave a Mark.” And you might want to read the testimony of Holly Hass who sounds like she had a similar situation.

      Steve

      • Chris Hummel

        Steve,

        So what you are telling me is that I got into something bad?

        Chris

      • http://GetOutOfDebt.org Steve Rhode

        Chris,

        It might be worth the time to get an independent review of what you are in, including a review of the contract. That just requires more time than I’ve got to devote to it. My suggestion is to contact Damon Day and have a telephone consult with him and ask for his review and opinion.

        Steve

      • Jason

        Chris,

        Was wanting to know what you had found ou about CDS. I also signed with them in Jan. Have been worried that I might of got suckered.

    • Jeanlove

      I did not have a good experience with this company. They collected $500 from me. They were certainly there to debit my account every month and did not contact my credit card companies in all. If you are going to try to settle do it directly with the companies and save yourself some money. They will do the same thing and you don’t have to pay anyone to help. They are also not accredited with the BBB.

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