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"Debt relief" is a vague term and could mean a lot of different things. Most of the advertising that you do see or hear is somewhat deceptive, especially debt settlement or "debt negotiation" companies that promise to help you get out of debt for only 50 or 60 percent (or less) of what you owe. Most of the time, these companies do not deliver on their promises, which could leave you in a worse off position. Check out the link below about debt settlement companies and their BBB ratings. Consumer debt relief could also potentially refer to credit counseling. Credit counseling could also be a bad choice for some people, and it is almost never a good idea to work with a for profit company that charges high fees. Even an aggressive non profit agency could be a bad choice if they are just trying to enroll you in a debt management plan without regard to your situation. If you need help with your debt (this means you are having trouble getting out of debt on your own), your best bet is to contact a reputable non profit credit counseling agency. Be sure that the credit counselor looks at your entire situation, getting a good idea of what kind of debt you have and what your income and expenses are, before recommending any particular options. The counselor should give you advice and, even if he or she recommends a debt management plan, should not aggressively pressure you into one option or another. Be sure to find a counselor that is knowledgeable, answers all of your questions, and is honest and knows what he or she is doing. Check out the links below for tips on finding a good credit counselor.
What else can I help you with?
Where can one find a Canada debt relief program?
Top Consumer Reviews, Cesi Debt Solutions, Debts Settlement Inc., No More Debts, and Debt Relief are all places where a Canadian can go in order to enroll in a debt relief program.
Where can one find information on debt relief plans?
Information about debt relief plans can be found on the United Kingdom website or on the consumer website. Alternatively you may look up such informatio in your public library.
Where can one find more information about online debt relief?
There are many places where one can find out more information about online debt relief. One looking for information about online debt relief should look at on the web sources such as Care One Credit, Consumer Credit, and Pioneer Credit.
What programs deal with consumer debt relief?
There are a few options that can be investigated when researching debt releif. Debt Negotiation, Debt Consolidation, Debt Settlements and Repayment plans are just a few options you can look into. Not all debt relief companies and plans are the same, it's worth really researching companies. Start with more well known and reputable companies, such as, National Debt Releif.
What is associated tax relief?
Associated tax relief is a relaxation of the higher taxes paid, in order to get the consumer to pay a fair share of the debt occurred by taxes. By using this relief, it keeps the taxpayer in the good graces of the government, and allows the payer to work through his debt without letting it destroy him.
Where can I get information about debt relief and bankruptcy?
The FTC offers this comprehensive articles on debt relief http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre19.shtm AND this one on bankruptcy: http://www.ftc.gov/bcp/edu/pubs/consumer/credit/cre41.shtm Before you decide which path to take, research all the options.
What is the leading debt relief company?
The leading debt relief company would be National Debt Relief (855-807-1484). This is according only to 2013 debt relief reviews. The next top company would be CuraDebt then followed closely by CareOne Debt Relief Services.
What companies offer debt solution to consumers in America?
National Debt Relief, Eagle One Debt Solutions, and Fast Debt Settlement are the top 3 recommended services for consumer debt consolidation. They are also well rated through the Better Business Bureau.
Legitimate Means of Debt Relief?
If you have credit card debt, medical bills and other unsecured debt that you are not able to make minimum payments on, there are several methods of debt relief available to you. The first is bankruptcy, which wipes out your debt but remains on your credit file for up to 10 years. You may also wish to consider working with a consumer credit counseling agency who can advise you further about debt consolidation or settlement.
Where can a person go to find information on debt relief services?
Debt relief services are companies that help you cope with your debt by renegotiating a debt settlement. According the the Top Consumer Reviews, the top ten debt relief programs are: National Debt Relief, Curadebt, Care One Debt Relief Services, American Debt Enders, Ready for Zero, Savvy Money, Franklin Debt Relief, Debt Consolidation Care, Debt Consolidation America, and Fast Track Debt Relief.
Which companies offer debt relief services?
There are several companies that offer debt relief services, including National Debt Relief, Freedom Debt Relief, and Accredited Debt Relief. These companies specialize in negotiating with creditors to reduce the amount of debt owed and create a manageable repayment plan for their clients. It is important to research each company thoroughly, considering factors such as fees, success rates, and customer reviews before choosing one for debt relief services.
What is the fine line difference between commercial debt and consumer debt?
Consumer debt is governed by the FDCPA....commercial debt is not.
