Comments on: Dallas Based Debt Settlement Company Issues Press Release With Jaw Dropping Statements

By: Lisa Hayden

Lisa Hayden — Fri, 15 Apr 2011 10:57:58 +0000

I think a fabulous discussion is going over here. Thanks for this information..
Los Angeles Property Management

By: Dallas Property Management

Dallas Property Management — Mon, 21 Mar 2011 06:23:21 +0000

Thanks for your post. But I think debt settlement can harm a person’s credit rating as long as a bankruptcy.

By: Dallas Property Management

Dallas Property Management — Mon, 21 Mar 2011 06:23:00 +0000

Thanks for your post. But I think debt settlement can harm a person’s credit rating as long as a bankruptcy.

By: Jacob

Jacob — Wed, 28 Apr 2010 22:24:25 +0000

The person who posted this is Alex Fender. Mr. Fender is no longer an employee of FH Financial Service. FH Financial does not approve of any statements made by Alex Fender. Unfortunately, once they hit the web, it is impossible to remove them in most cases.

By: Dennis McWain

Dennis McWain — Thu, 15 Apr 2010 16:50:42 +0000

I am Dennis McWain and I no longer work for FH Financial Service and never said settlement is a 3 year negative on your credit report and don’t know who put that on there site, settlement is and will be on your report for 7 years and that’s that!!. Settlement is better than a cCH 13 provided your home or other property is not in danger if the debt is just credit cards the payment in settlement is lowwer than a CH 13 most of the time.The fees are more than BK but you will save more by far than a BK CH 13, and your credit score will increase by 60 points per item once the debt is paid reguardless of how you reach the 0 amount owed,Dennis.

By: best debt management service

best debt management service — Fri, 12 Jun 2009 12:37:47 +0000

With the twister of economic despair upsetting many people these days, becoming debt free is now the major center on many people’s mentality People are opening to appreciate if they want exist debt free they have to prepare, preparation, plus take achievement to get there. It is better expend some time to accomplish this commission and get consequences over debt free life.

By: Carl H. Starrett II

Carl H. Starrett II — Sat, 06 Jun 2009 23:32:32 +0000

For disclosure purposes, I am a bankruptcy attorney in Southern California. While the statements regarding how long something remains on your credit report are factually accurate and appears to be a direct "copy and paste" from the Experian website, I can say that I have never heard from any of my clients that they regret filing for bankruptcy. As you correctly note, the claim that a debt settlement plan only harms your credit for 3 years is blatantly false. In some cases, debt settlement can harm a person's credit rating as long as a bankruptcy. If you can't get all of your creditors to agree with the terms of the plan, creditors can continue to report delinquent payments and other derogatory information. And if creditors agreeing to participate in a 3-year debt settlement, that negative information could stay on for another years past the completion of the debt settlement for 7 years for a total of 10 years. In the last 5 years, I have only seen on person who would be better in a plan instead of bankruptcy. When a client retains me to file a bankruptcy, I obtain their credit report and it includes a projection of what the debtor's credit score will be 12 months after filing for bankruptcy. I just filed a bankruptcy for a client in the military with nearly $80,000 in credit card debt with a credit score of 485. In about 4 months, they will receive a discharge of all of that debt. In 12 months, their credit score should recover by about 60 points and my fees will be less than 1/4 of what most debt settlement companies would have charged for a 3-year repayment plan. Debt settlement companies generally offer questionable debt negotiation services while perpetuating blatant and outright false myths about the benefits of bankruptcy. In my opinion, you need to explore all of your options. Bankruptcy isn't for everybody, but it is almost always a better option than a debt settlement plan. Carl H. Starrett IIs last blog post..Struggling With The Decision to Call a Bankruptcy Attorney

By: debt_reduction (debt_reduction)

debt_reduction (debt_reduction) — Sat, 06 Jun 2009 21:43:15 +0000

Dallas Based Debt Settlement Company Issues Press Release With Jaw …: I was just reading a press release issue.. http://tinyurl.com/n6bew6

By: Marcus

Marcus — Sat, 06 Jun 2009 15:33:27 +0000

Dennis McWain is a moron. So is his firm. Anyone who would put this stuff in writing deserves to be investigated. They should be investigated for the misstatements and for being stupid. Anyone who is thinking of doing business with that firm should run -- not walk -- away from this firm. Marcuss last blog post..Open Thread -- Open Topic/Off Topic