The Debt Settlement Attorney Model Podcast

This week the podcast with Damon Day focused primarily on the attorney model in debt settlement and the problems associated with that.

Here are some of the articles that relate to issues we talked about in the podcast.

• The Critical Flaw in The Attorney Model for Debt Settlement
• Mosler Law Firm and SFC State Capital Financial Kicked Out of Vermont for Debt Settlement Services
• TASC and USOBA Shut Down Site That Never Existed. FederalReliefProgram.com
• Courts Slammed With Automated Debt-Collection Lawsuits

We also answered the question Ray sent in. Here is Ray’s question.

Steve, My wife and I have $80k in consumer debt. We would like to pay off the debit in 3-5 years by negotiating with the credit card companies to lower their interest rates and to possibly write off some of the debit. We do not want to use a DSC.

Can you give us advice on strategies we could use when approaching our credit card companies to lower their interest rates and possibly write off a portion of what we owe them? Are we being naive to think we can do this ourselves?

                        

Steve Rhode Debt Coach and Author

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.

See Full Bio

Consumer Debt Consumer Bankruptcy How to Get out of Debt Money Troubles Money Personalities Budgeting Behavioral Economics Motivation Inspiration Money Management The History of Credit and Debt Getting Out of Debt Get Out of Debt Debt Settlement Credit Counseling Loan & Debt Relief Scams Debt Relief Industry Practices Exposing Deceptive Financial Services Helping Consumers Navigate Financial Hardship Consumer Advocacy Consumer Debt Expert Consumer Protection Debt Relief Scam Student Loan Bankruptcy Debt Validation Debt and Mental Health Student Loans Debt Consolidation Debt in the Military