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What else can I help you with?
Is settlement good or bad on credit report?
Debt settlement is good for your credit rating. Just settle the debt and move on. Do not use a debt settlement company, ever.
Can you do a debt settlement if there is judgment against you?
Yes!! you can settle your debt before, during, and after litigation. If you decide to enroll in a program, be leary of any that don't disclose information to you. generally a good debt settlement company will require extra steps from you prior to enrolling a legal/judgment debt. A bad debt settlement company will take your debt no questions asked.
How are the reviews for the Freedom Debt Relief company?
The reviews for Freedom Debt Relief range from really good to really bad. Some users state that it will only ruin your credit to go through this type of company to help settle your debt.
Is debt settlement a good choice?
AnswerDebt settlement helps you in reducing your debt amount significantly, the debt settlement company negotiates with your creditors to reduce your debt amount. It is a better option than filing bankruptcy. I took help of Freedom Debt Relief and their debt reduction program helped me in reducing my debt amount.
How to choose a Debt Settlement Company?
When you are choosing a debt settlement company, there are many things you need to be mindful of. Many companies offering debt settlement services are small, unsophisticated and have only been around for a short period of time. The good ones will have a track record of success and will be able to provide you with an honest assessment of not only the potential benefits, but also the potential downsides of debt settlement for your situation. The fact is that debt settlement is not right for everyone. It is a program designed for consumers with serious debt problems who are unable to maintain payment obligations and are considering bankruptcy or credit counseling.
Is settlement good or bad on credit report?
Debt settlement is good for your credit rating. Just settle the debt and move on. Do not use a debt settlement company, ever.
Can you do a debt settlement if there is judgment against you?
Yes!! you can settle your debt before, during, and after litigation. If you decide to enroll in a program, be leary of any that don't disclose information to you. generally a good debt settlement company will require extra steps from you prior to enrolling a legal/judgment debt. A bad debt settlement company will take your debt no questions asked.
How are the reviews for the Freedom Debt Relief company?
The reviews for Freedom Debt Relief range from really good to really bad. Some users state that it will only ruin your credit to go through this type of company to help settle your debt.
Is debt settlement a good choice?
AnswerDebt settlement helps you in reducing your debt amount significantly, the debt settlement company negotiates with your creditors to reduce your debt amount. It is a better option than filing bankruptcy. I took help of Freedom Debt Relief and their debt reduction program helped me in reducing my debt amount.
What is debt settlement and is Freedom Debt Relief a good debt settlement company?
Yes, I considered many debt relief options and decided that they are the best for debt settlement. What Freedom Debt Relief basically does is get you a plan to lower your debts about in half to get you out of debt in around 2 or 3 years. For me, that is much shorter time than paying debts on my own (which would take me like 15 years) and saved me about $20,000 from what it would have cost me on my own. I also looked at credit counseling, but neither is good for credit scoring so I think the one that is best is the lowest cost and lowest payment. Freedom is a good company and has been really truthful and honest with me, even when sometimes it's not fun to get out of debt. I would recommend Freedom Debt Relief highly. As an expert in debt settlement, I would echo this conviction above. Debt Settlement is for consumers with real debt problems who need help getting over a debt burden. In that case, any company that is certified with TASC and IAPDA screened or a member of another association that conforms to industry standards such as USOBA is a good strategy. Freedom is a good one with a good reputation. Debt settlement is definitely a good option for certain consumers. The pros are total payback, length of payback, and monthly payback. The cons are credit rating and ability to use credit while in the program. The cons should be less of a concern for distressed consumers as your intent is to get out of debt, not accrue more. Freedom Debt Relief is a solid company. You would be hard pressed to find a better one.
Who can recommend a good settlement attorney?
It depends upon what it is that you are settling. You can need a debt settlement attorney, a workman's compensation lawyer. No matter what you can find a reputable company that will recommend an attorney to you online.
How to choose a Debt Settlement Company?
When you are choosing a debt settlement company, there are many things you need to be mindful of. Many companies offering debt settlement services are small, unsophisticated and have only been around for a short period of time. The good ones will have a track record of success and will be able to provide you with an honest assessment of not only the potential benefits, but also the potential downsides of debt settlement for your situation. The fact is that debt settlement is not right for everyone. It is a program designed for consumers with serious debt problems who are unable to maintain payment obligations and are considering bankruptcy or credit counseling.
Debt Settlement Company is increasing in numbers which debt settlement company should one trust with?
Honestly, with so many debt settlement companies popping up, it’s tough to know which one to trust. Here’s what I’d look for if I were in your shoes: Transparency first – trustworthy companies are clear about fees, timelines, and what to expect. No one likes surprises. Track record matters – check online reviews, see if they have any BBB ratings, and search for claims or regulatory compliance issues. Licenses and certifications – a company that’s open about their accreditation says a lot. Realistic promises – skip companies that guarantee 100% debt forgiveness overnight. If it sounds too good to be true, it probably is. Customer support – having someone you can actually talk to makes a big difference when you’re stressed. If you’re curious about the mechanics or want help comparing your options, sites that break down debt relief solutions can be helpful to get a general understanding
Has anyone dealt with a company called Square One Debt?
Square One Debt Settlement is actually one of the few debt settlment companies accredited by TASC (The Association of Settlement Companies) and their BBB rating is B-, which the BBB says still makes them a reputable company. The debt settlement industry sprang up as a result of the bankruptcy laws changing several years ago - it is now very hard to qualify for Chapter 7, which wipes out all of your debts. A good debt settlement company can settle your debts for 40% or better, while Chapter 13 bankruptcy usually requires that you pay back 40 - 60%, and is on your credit report for 7 years longer. There are a lot of unscrupulous debt settlement companies out there as this industry is in its infancy, so you have to check them out.
How can I tell if I am a good candidate for a debt settlement?
If you are unable to pay your creditors, you could be a good candidate. You should talk with an experienced bankruptcy attorney, and if bankruptcy isn't the way for you to go, debt settlement might be.
Debt Settlement Service?
A debt settlement service is designed to help people who are struggling with overwhelming debt, usually unsecured debt like credit cards or personal loans. Instead of paying the full balance, a settlement company negotiates with your creditors to accept a reduced lump sum or structured payment. How It Works Assessment – You first get a review of your financial situation (income, debt balances, expenses). Negotiation – The settlement company contacts creditors to negotiate a lower payoff amount. Payment Plan – Once terms are agreed upon, you make payments into a special account until enough is saved to settle. Settlement – The company pays the creditor the negotiated amount, closing the debt for less than what you owed. Pros of Debt Settlement Services Reduce debt faster than minimum monthly payments Can help avoid bankruptcy One structured program instead of juggling multiple creditors Cons to Be Aware Of May temporarily lower your credit score Some creditors refuse to settle Fees vary depending on the company and program length When It Makes Sense Debt settlement is usually a good option if you: Are falling behind on payments Can’t afford to pay your full balances Want to avoid bankruptcy but still need significant relief
What is debt free direct and is it good to use?
Debt free direct is a debt solution service. From the reviews I have seen it is not a very productive service to use.
