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Wysłany: Śro 20:29, 30 Paź 2013 Temat postu: woolrich sito ufficiale Reduce Debt With Freedom D |
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Many consumers have turned to debt settlement to help them with debts in favor of bankruptcy or even credit counseling services. Unfortunately, it can be difficult for consumers to choose the right debt settlement company due to rising scams and questionable claims by some companies. You need to do some homework to find a trustworthy organization that will help you win the battle against debt and not harm you further.
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Compensation: Does the company get any form of consideration or compensation from the creditors themselves? This could lead to a conflict of interest between creditors' and consumers' interests. Does the company charge fees before a debt is resolved? The Federal Trade Commission issued new rules in 2010 that prohibit companies from charging any fee before a debt is resolved.
Financial review: Does the company conduct a thorough review of finances before advising on the options? Some disreputable companies drive consumers directly into a debt settlement plan without a thorough review of finances. This is harmful because if the consumer cannot keep up with the programs payment plan, he or she still might wind up in bankruptcy.
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BBB: As of late 2010, the Better Business Bureau was in the process of revising its process and criteria for evaluation of debt relief companies. In the interim, the BBB is assigning NR (not rated) status to select companies that have pledged to abide by the requirements of the rule, including the advance-fee ban. The BBB has maintained that debt settlement can be a viable option for people as a last resort before filing bankruptcy.
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Additional services: How will the company help with creditor calls? Will they provide assistance if a payment issue goes to court? You may find a company that will work with you through the entire period, and under all circumstances, of your debt resolution.
Having a mountain of debt is bad but getting help from a company that will do you more harm is worse than your debt woes. It is advisable to be very cautious when choosing a debt relief company, one with integrity and having the right expertise to help you.
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