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Who Do You Trust for Debt Settlement? – Gary

“Dear Steve,

My situation is that I need to get rid of debt or go bankrupt.

I am still current, but I am afraid I wont be able to continue to lay out the monies I have been.

I am looking about 75k in un secured debt.

I would prefer to avoid bankruptcy, and find a real service that can help negioate a lower settlement pay off for these crediotrs.

Is there any one that is legit in this field

Who???

Gary”

Dear Gary,

Since I don’t know enough about your situation to guide you a bit better I’m just going to give you links to folks I trust and suggest you contact them directly.

For debt settlement, click here.

For credit counseling, click here.

You can click here to find a local bankruptcy attorney.

After you contact at least one company from each niche, then come back and update me in the comments below with what path sounds good to you and why.

Sincerly,
Steve

You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.




About the author

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.

5 Comments

  • I knew someone would come out from under the Ascend One rock eventually.  But I am embarassed that it appears it took me a few weeks to identify that particular sound, like a wobbly garbage disposal choking on the last of your money and dignity.

    • I knew someone would come out from under the Ascend One rock eventually.  But I am embarassed that it appears it took me a few weeks to identify that particular sound, like a wobbly garbage disposal choking on the last of your money and dignity.

      • Errick – nonprofit DMP-ers enroll consumers left, right and upside down
        who can qualify for chapter 7 bankruptcy. Do the DMP-ers encourage or
        instruct the consumer to consult with a bankruptcy attorney to learn
        more
        about chapter 7 before proceeding forward in a DMP? If they don’t,
        isn’t that kind of a scam like you accuse the settlement industry of?

        That pretty much is a breach of trust. That pretty much makes the
        nonprofit single solution DMP-ers about as bad as you say settlement
        companies are. Couple that with the fact that nonprofit DMP-ers get paid by banks
        to represent banks payment programs that have to be complied with at
        the threat of pulled support and I think I would rather talk to someone
        who is not representing the creditors I might be struggling with. Banks
        that, need I remind you, have and will continue to pay out BILLIONS of dollars for their
        wrong doing. That’s what you support Errick. A system that brought this nation
        to its worst economic condition since the great depression.

        So,
        what’s your opinion on CareOne’s DMP service they offer while not accepting
        funds from creditors? Any feedback? I know mine. Its Kudos to CareOne for being
        positioned to represent consumers more than banks. Nonprofit DMP-ers cannot say
        they represent consumers more than banks with a straight face.

        “Now get in the pit and try to love someone.”

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