It seems in the face of proposed regulation over the debt settlement industry many debt settlement companies are running for the hills and trying to convert their business into one of the many attorney models out there in order to continue their advance fee approach. The companies who are running for the attorney model cover seem to feel it will ... Read More »
Debt Settlement Company President Speaks Out in Favor of Regulation of the Debt Settlement Industry. Says Big Upfront Fees Must Go.
I had a refreshing and frank conversation with U.S. Debt Resolve President Scott Johnson the other day. We talked about pending regulation of debt settlement companies, deceptive marketing, debt settlement companies which are not consumer focused and what the future looks like for the debt settlement industry. Scott talks openly about how regulation of the debt settlement industry is needed ... Read More »
“Dear Steve, I am currently in a debt settlement program with 30,000 in debt, I’ve been in it for a year and a half. One of my friends was looking into debt settlement and came across this new law. I started researching it and am now scared. My friend is looking at doing debt settlement but through a company that ... Read More »