I Was Going to Sign Up for Freedom Debt Relief But Should I Tackle It On My Own? – Jim

“Dear Steve,

Was ready to go over the falls and begin missing payments and signed up with Freedom Debt Relief. Nothing has gone wrong yet but i read the “fine” print and did a little research to find that this company is involved in class action suits in Colorado, California, Illinois and who know where else and an investigation in New York by Andrew Cuomo regarding unfair business practices and exrorbitant charges for their services. Then i read where Chase, some other banks and credit unions won’t deal with them. I feel the fool and would like to do the right thing. Is it possible…and what is it?

After signing up with a debt resolution program, “Free Debt Relief” would it be wise to leave the program and try to solve this on my own?

I have a steady income, is it wise to file for bankruptcy?


Dear Jim,

The answers to your questions about the most appropriate solution can really only be deduced after examining your situation and the available options.

I am assuming Freedom Debt Relief was selling you a debt settlement solution. And that is one such solution for problem debt, but it isn’t for everyone. My experience in general is that those selling debt settlement work hard to go for the sale, not necessarily to find the best solution for the consumer.

It is possible to work with a coach to settle your own debt. You might want to look at people like Consumer Recovery Network, Debt Relief A La Carte, and Zipdebt.

But from what you shared I don’t even know if you are even having a financial problem. Can you give me some more details in the comments below, please.

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.

See also  Freedom Debt Relief - Consumer Complaint - 12-14-2011

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 what you should look for and expect from a good debt relief company.

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


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.

Damon Day - Pro Debt Coach

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