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Should I Go With Williamson Law Firm for Debt Help? – Karen

“Dear Steve,

I am 54 yrs young and I have recently divorced. My husband left 3 yrs ago and after him pulling his pay check I found myself living on my credit cards. We had plans made for our future.. bought some land,gather building supplies to build a home and had 401k to go along with selling our house for retirement and build out of pocket.

That didnt happen. I clean houses ..have my own cleaning company but I am the only employee.Nearly 3 yrs after him leaving my daughter,son-in-law and I decided to start a trucking company. I would run the office..books,dispatch for the load boards etc along with cleaning my houses..my daughter was dispatch as she had a full time job with another company. My Son in law drove the truck made the deliveries to where ever in the lower 48 states. It went good for little over a year..then I ran out of money.

Things in the trucking policy changed due to dishonest people.It hurt us real bad so we decided to stop th e trucking company focus on him getting a 9 to 5 job I would focus on my houses we would split the bills our trucking company had made and once everything was paid off ..get a cushion built up and try it again. He finally found a full time job so he gives money each month to help pay the bills due to trucking company. We could not afford to pay all our personal bills and trucking company bills too. So I am looking for help with this.

I am looking to get help in debt problems. I recently enrolled in a program with a law group and after little over 4 months was not happy and very leery about this company.I pulled out having to pay them for there time(not sure what they had done). I called a credit counseling program and the payment they wanted me to pay was more than the law group settlement payment and I just can’t afford that much.

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I called about a advertising I had seen this morning on TV for debt help.Turns out they are about the same thing as the law group I was enrolled in.After talking to then for over and hour getting an idea of what my payment would be with them and adding 3 more of my credit cards in the program than I did not have with the other law firm or the credit counseling my payments were about the same as the law firm.. which is cheaper than the CC program. This law firm’s name is Williamson Law Firm LLC.

That old saying (..If it is to good to be true ..most the time its not..) Comes to mind here

Do You or anyone out there have any advice on this Law Firm ? Are they legit?

Karen”

Dear Karen,

I love the phrase, “54 years young,” I can totally relate.

My initial concern is not if Williamson Law Firm is a good firm or a scam but if debt settlement is even the most logical solution for you to even be exploring. Based on your situation as you describe it sounds like more of a recipe for getting sued than resolving your debt.

I’d suggest you first read How to Get Out of Debt. The Honest and Unvarnished Truth and The Truth About The Success Rates, Failure Rates and Completion Rates of Credit Counseling, Debt Settlement, and Bankruptcy. They will give you a great overview of what we need to deal with to get you moving in the right direction.

Then use the free How to Get Out of Debt Calculator to review your options.

Once you’ve identified a company you want to work with, then follow my step-by-step guide on how to check out a debt relief company.

Please post your responses and follow-up messages to me on this in the comments section below.




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.

7 Comments

  • I looked into who the partners of the Williamson Howard Law Firm are and not surprisingly, Jeffery Katz, general counsel for Morgan Drexen, Inc aka MDRX aka MDRX Marketing aka MDRX Business Services, is the managing partner. Not sure why that isn’t disclosed to potential clients or why the once Wiiliamson Howard Katz firm dropped the name Katz but Mr Katz continues to act as managing/controlling partner for the firm and general counsel for the litigation plagued Morgan Drexen, Inc.

  • Steve,After reading the articles in the message you sent I was afraid to try either one… So I called the creditors of the bills I am having problems with. Now I have a bigger decision to make. Just to give you some in site so you can give me your thoughts this is what I found out..
    1st of the creditors said they would take of over 1/2 of my balance off if I agreed to pay them $700.00 for next 12 months (this acct has been charged off and they are giving me until friday of this week to make my decision). That is a GREAT deal..I think!! The 2nd creditor said that they would give me 0% interest rate if I would play them $219.00 til balance was paid off. 3rd creditor said they would arrange my monthly payments to $100.00 a month if I could get my past due balance up to date.. The 4th one said they would take what ever I could send but that the account has also been “charged off “. After talking to these I didnt even try to call the last one because my budget I was paying the Law Group was $800,00 a month and if I take the 1st creditor deal I only have 100.00 left to work with. I cannot come up with the rest…
    What is your thoughts on this?

    Thanks, 
    A very confused trying to do the right thing ..person!!

    •  It is hard to tell without knowing more, but it doesn’t appear that debt settlement is a very viable strategy for you given your current cash flow. Have you spoken to a bankruptcy attorney to explore what a bankruptcy filing would look like for you? In the alternative, you can schedule a phone consultation with me and I can review your situation in detail so that we can figure out what options would be financially feasible for you at this time. You can learn more about my consulting service at DamonDay.com

      • Dear Damon,Some where thru my post I had a chance to ask you 1 free question about my issues but cannot find it any where. Can you direct me please?

  • Karen    If you do end up deciding that debt settlement is your best solution, I would suggest you consider a company that charges a fee only when they settle each debt; that does not charge any upfront or monthly fees.  There are a number of companies out there that operate this way. The AFCC (www.americanfaircreditcouncil.org) member companies each charge only on this basis. You may want to start there.  There is a phone number on the site you can call for more information.

    • Funny how most all of the companies in the AFCC were members of TASC which had no problem with front loaded fees, and tried to argue it was good for consumers. Now they have switched only out of the necessity to survive, and it certainly didn’t have anything to do with helping consumers. 

      Just because a company doesn’t charge upfront fees doesn’t mean they are a company you can trust to help you out. Look at their track records more than anything. If they were willing to screw consumers with front loaded fees before it was illegal, then they have likely figured out a different way to screw consumers.A Leopard can’t change his spots. 

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