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Home > Ask The Get Out of Debt Experts > I Was With Allegro Law Debt Settlement But I’m Thinking of Going With Pacific Debt Now? – Shannon

I Was With Allegro Law Debt Settlement But I’m Thinking of Going With Pacific Debt Now? – Shannon

“Dear Steve,

I owe about 26,000 on credit cards i was with allegro law no im getting out of that and thinking about going with pacific debt but i here watch out for big amount of fees upfront,the first 3 payments go straight to them but after that all money but 56.00 goes in my account

Does this sound right i need to find help now thank you



Dear Shannon,

I had not heard about Pacific Debt, Inc. before. I see from their site they are a San Diego, California debt settlement company.

California has been working on new legislation to regulate debt settlement companies. You might want to read “California Debt Settlement Legislation AB350 Much Closer to Passing“.

What concerns me is that you went with Allegro Law, paid money, and lost out. Now you are trying to jump into another debt settlement scheme. Why?

If you have cash on hand to fully settle the debts right now then debt settlement can be a tool to resolve problem debts. But if you don’t have the cash on hand to settle and you are going to make monthly payments into a debt settlement company to try to save money up, it is simply an invitation to get sued and ruin your credit. This bad stuff will be on your credit for seven years and there is no requirement that any creditor participate with any debt settlement company.

If would be a far wiser investment for you to go talk to a local bankruptcy attorney you like. Find one and then make an appointment to go in and discuss your situation. Get better informed about the legal protections that bankruptcy offers you. Protections that debt settlement does not offer you.

Please update me on your progress by posting updates here in the comments section of your question. I’m very interested in how this works out for you.

P.S. Be sure to read ‘The Secret of Surviving Through Difficult Economic Times. What I Learned On My Journey‘.

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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.
  • shannon

    hi steve first of all i ask you before about a debt settlement company and u sent me the email on pacific debt now you havent heard of them i talked to a bankrupt lawyer and he said no i got a new job and make to much what do i do i dont make alot of money

    • Steve Rhode


      He said you make too much money for a Chapter 7 bankruptcy? But what about a Chapter 13 bankruptcy. That’s a payment plan to gives you legal protection and at the end of the payment period any remaining debt is forgiven.


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