4 Thoughts on Has anyone been sued in a debt settlement program?
  1. Reply
    xrayness
    July 10, 2011 at 3:11 am

    Get 3 extra jobs and pay off your debts. That is the best advice I can offer.

    http://www.ehow.com/how_2361102_get-debt-free.html

  2. Reply
    bdancer222
    July 10, 2011 at 3:56 am

    Debt settlement programs operate by taking the money from you each month and sitting on it until your accounts are 90 days past due. Then the offer lowball settlements under threat that you will file bankruptcy. A lot of credit card companies refuse to plan and will just sue you. Your credit will be completely trashed as you will have all those 30, 60, and 90 day late payments.

    If you are having trouble making ends meet, go to Consumer Credit Counseling Services. Check here for one near you: http://www.nfcc.org/. These are legit, non-profit companies that will look at your finances and advise you how to proceed. They have debt management programs if you qualify. Fees, if any, are very reasonable.

  3. Reply
    Lorelei
    July 10, 2011 at 4:01 am

    Do NOT use a settlement program. They take your money and hold on to it until you’re at least 90 days past due before negotiating with creditors. Most creditors will not negotiate with them because they do offer unreasonably low settlement offers. Your best bet is a credit counseling program. They will get your rate lowered and your payment will usually be around 15% of what your unpaid balance is.

  4. Reply
    Mr Met
    July 10, 2011 at 4:43 am

    I was in debt about till about 6 months ago. I found this free E-Book that basically answered every single one of my question and helped me get totally out of debt. Its at http://www.inarinbows.com/debt .It was %100 free and within 20 seconds your emailed both ebooks. I now am able to answer the phone every time it rings and actually know for the first time in my life its not a creditor.check out http://www.inarinbows.com/debt

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