Understand debt settlement—how it works, its impact on credit, potential risks, and alternatives to help you make the best decision for your financial future.
TransUnion found settlement enrollees who were still current when they enrolled fell 96 points, 645 to 549, measured six months before to six months after. Here’s what it leaves out.
A bankruptcy judge traced every dollar through an attorney-model debt settlement firm’s own database. What she found should worry anyone enrolled in a similar program.
PHH Mortgage’s misleading default notices left homeowners confused at the worst moment. $1.5M settlement — are you eligible?
Gryphon Healthcare data breach exposed SSNs and medical records. $2.8M settlement — file a claim before the deadline.
Capital Health breach deadline: April 6, 2026. $4.5M settlement at capitalhealthdatabreachsettlement.com — are you eligible?
Sprouts Farmers Market agreed to a $5M FACTA settlement over printing too much card info on receipts. Deadline: August 5, 2026. File at settleinfo.com.
Debt settlement fees are federally regulated — the FTC advance fee ban means companies cannot charge you before a debt is settled and you’ve made your first payment. Here’s what’s legal, what isn’t, and what to do if you’ve been overcharged.
Being sued while enrolled in a debt settlement program is one of the most urgent situations in debt relief. Here’s what a lawsuit actually means, what happens if you ignore it, and why it may not be too late to negotiate.
Debt settlement companies found a legal loophole: partner with an attorney and the FTC’s advance-fee ban doesn’t apply. Here’s how the attorney model works, why it often costs more, and the red flags that reveal a scam hiding behind a law license.
A debt settlement company can’t change material contract terms without proper notice. Here’s what your rights are, what federal law says, and what to do if they changed the terms on you.
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