Latest Posts
Home > Ask The Get Out of Debt Experts > This Company Said They Can Settle My Debt For Me. – David

This Company Said They Can Settle My Debt For Me. – David

“Dear Steve,

Due to divorce, I had a foreclosed mortgage 2 years ago. Was going through a short sale for about a year before the foreclosure. Was relieved on the first. After about 5 months during the short sale process the second lender turned it over to the PMI company. They have sent me letters for about a year. Now I have been contacted by a debt relief company (FTD Financial Services) to settle for what seems like a good deal, 8k on a 44k loan.

Is this a good deal? Should I seek different relief?


Dear David,

What concerns me from the start is it appears FTD Financial Services does not have a public website. It appears the company is located in Jamaica, New York but the State of New York has no company registered to do business under the name FTD Financial Services.

From what you’ve shared it’s not clear if FTD Financial Services is a debt settlement company or a debt collection company. Can you give me some more details please?

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

Get Out of Debt Free Hotline
debt settlement helpstudent loan help

About Steve Rhode

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.

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.


I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.

  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.