Debt Settlement doesn’t work

The program is to pay the settlement company their up-front fee over the first several months, then save up enough (on your own) to make some lump-sum settlements.

Question: If you were going to save up enough on your own to fund some settlements, why should you need to pay the settlement company a bunch of money first You’re paying them while you do all the work!

This business model is being exposed by law enforcement in several states. Here is an article about the Montana Attorney General going after them. Several other states have already opened investigations.

Related posts:

  1. Debt settlement companies and credit repair schemes
  2. Bankruptcy debt trading and corporate
  3. The failure of the debt to try Options Take You No Where
  4. Bankruptcy-try when all the alternatives The debt reduction if you do not accept any
  5. statute of limitations on credit card debt

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