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Active Debt Solutions Offers Bargain Basement Rate on Debt Settlement Services

By on January 25, 2011
Active Debt Solutions Offers Bargain Basement Rate on Debt Settlement Services

My friends over at Active Debt Solutions just sent in the following information on an approach they are taking to help people deal with getting out of a debt settlement program they may not be happy with.

It’s a unique approach and one that can benefit the consumer since it can result in significantly lower fees for debt settlement services.


Active Debt Offer Huge Discounts & Consumers A Way Out of Their Old Contracts

Did you sign with a debt settlement company who charges all of their fees before service and do not know what to do? Are you afraid that they will take your money and simply close, leaving you with NOTHING? If you have been taken by a Debt Settlement company who you can no longer contact because they are out of business, or you are currently enrolled in a settlement program that you paid up front fees for their service and you feel stuck, we are here to help.

As a “performance based” debt settlement company, committed for four years to charging a settlement fee as percent of savings, we are announcing a huge discount to anyone who is currently enrolled in a plan (or was in the last 12 months) where they were charged the settlement fees before they received any service! We offer the same huge discounts to Veterans as well.

Any client of a firm that signed a contract charging you their fees up front, we will take your case and ONLY CHARGE YOU 10% of how much we save you at settlement! There are NO OTHER FEES. The bank charges $9.85 but we do NOT charge a monthly account fee and we are ONLY paid when we settle a debt.

Our typical fee is 30% of how much we save our client at settlement. Now, for consumers enrolled in a plan charging them front fees without service, we have reduced it to our Veterans rate of 10% of savings- a 66% discount. For example, if we settle a $5,000 debt for $1,500 we save you $3,500, our fee is $350!

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We are making this offer for a limited time, as it has come to light that a significant number of companies have simply gone bankrupt over the last four months and we are certain many more will follow. This has left their settlement clients with nothing- they are out their fees and are receiving no service. These unscrupulous companies charge(d) hefty upfront fees for their settlement program, a practice generally outlawed by the FTC in late 2010. If you have any questions regarding the offer, please contact Sean Ryan at 866-720-7483 Extension 101 or email to Sean@active-debt.com. Our contracts are viewable on our website. We are a founding member of the AACC, a small association of committed settlement companies who put American consumers first!

I can always use your help. If you have a tip or information you want to share, you can get it to me confidentially if you click here.

About 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.

16 Comments

  1. SeanDSLegalPlan

    January 27, 2011 at 3:58 pm

    This is excellent info to attempt a refund from a company- http://getoutofdebt.org/20126/

  2. SeanDSLegalPlan

    January 27, 2011 at 10:26 am

    Reply To Jason:
    We have always taken the debtors word regarding Military Service. I can not think of one instance where we asked for proof. There is always the possibility that a consumer may take advantage of the offer dishonestly, we certainly acknowledge that, but it isn’t a real concern. At 10% we wont make any money, but we won’t lose any either. Hopefully, it helps some people who are facing difficult options and have no where else to turn.

    Currently we have no strict guideline set on time in such a program regarding “front loaded” fees. We are a small company, investing far more in customer service than marketing and we have always believed that fees before service in this business was harmful. The major problem is that in time, most people’s financial situation will change. In the event it changes drastically, better or worse, settlement may no longer make sense. The other major flaw there is that when a client pays a company nothing but fees for a year, they put themselves in a position where they have NO savings to even begin any negotiations. Depending on how far behind they are, spending another year without committing any money to settlements will only make matters worse!

    Of course some of the so called law groups claim they will help you if you are sued, but you still owe the debt; And if you have no money to settle then you will likely receive a judgement. None of these companies offered legal before the fee ban was imposed and most simply didn’t exist. All of the sudden there they are. I guess time will tell.

  3. Anonymous

    January 27, 2011 at 3:26 pm

    Reply To Jason:
    We have always taken the debtors word regarding Military Service. I can not think of one instance where we asked for proof. There is always the possibility that a consumer may take advantage of the offer dishonestly, we certainly acknowledge that, but it isn’t a real concern. At 10% we wont make any money, but we won’t lose any either. Hopefully, it helps some people who are facing difficult options and have no where else to turn.

    Currently we have no strict guideline set on time in such a program regarding “front loaded” fees. We are a small company, investing far more in customer service than marketing and we have always believed that fees before service in this business was harmful. The major problem is that in time, most people’s financial situation will change. In the event it changes drastically, better or worse, settlement may no longer make sense. The other major flaw there is that when a client pays a company nothing but fees for a year, they put themselves in a position where they have NO savings to even begin any negotiations. Depending on how far behind they are, spending another year without committing any money to settlements will only make matters worse!

    Of course some of the so called law groups claim they will help you if you are sued, but you still owe the debt; And if you have no money to settle then you will likely receive a judgement. None of these companies offered legal before the fee ban was imposed and most simply didn’t exist. All of the sudden there they are. I guess time will tell.

  4. Jason Taylor

    January 26, 2011 at 7:25 pm

    I was being sarcastic- I doubt anyone would do that.

    If they really wanted to get a discount, they would just get the LH contract (or any other providers contract) without actually sending it back to LH and show it to Active to get the discount. It’s not like Active is going to call LH and see if they were really enrolled.

    Active would probably require anyone getting the discount be enrolled with the other company for 60 days or something if they thought people would actually do that.

    Most debtors are honest people who need honest advice and honest help. I’m sure there’s that 1% of debtors who are just as slimey as most DS companies themselves and rack up debt with no intention of paying it back.

  5. Rick Reyes

    January 26, 2011 at 6:29 am

    That would make about as much sense as joining the military & then signing with them. Just for Today!

  6. Jason Taylor

    January 25, 2011 at 10:16 pm

    Sign up with Legal Helpers, show them the contract and 10% fees! Easy does it!

  7. Steve Rhode

    January 25, 2011 at 9:35 pm

    It’s much like a press release that I have published for many companies. See all of these. To be clear, they did not pay any fee for me to publish their release.

  8. Todd

    January 25, 2011 at 9:07 pm

    Serious question….
    How much did they pay you for this advertising?

  9. Todd

    January 26, 2011 at 2:07 am

    Serious question….
    How much did they pay you for this advertising?

    • Steve Rhode

      January 26, 2011 at 2:35 am

      It’s much like a press release that I have published for many companies. See all of these. To be clear, they did not pay any fee for me to publish their release.

      • Jason Taylor

        January 26, 2011 at 3:16 am

        Sign up with Legal Helpers, show them the contract and 10% fees! Easy does it!

        • Rick Reyes

          January 26, 2011 at 11:29 am

          That would make about as much sense as joining the military & then signing with them. Just for Today!

          • Jason Taylor

            January 27, 2011 at 12:25 am

            I was being sarcastic- I doubt anyone would do that.

            If they really wanted to get a discount, they would just get the LH contract (or any other providers contract) without actually sending it back to LH and show it to Active to get the discount. It’s not like Active is going to call LH and see if they were really enrolled.

            Active would probably require anyone getting the discount be enrolled with the other company for 60 days or something if they thought people would actually do that.

            Most debtors are honest people who need honest advice and honest help. I’m sure there’s that 1% of debtors who are just as slimey as most DS companies themselves and rack up debt with no intention of paying it back.

  10. Michael

    January 25, 2011 at 5:58 pm

    This is a fantastic offer from a company committed to doing the right thing.

  11. Michael

    January 25, 2011 at 10:58 pm

    This is a fantastic offer from a company committed to doing the right thing.

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