How do you check out the history of a debt settlement company?
February 14, 2009 by Information About Bankruptcy
Filed under Debt Settlement
Can you answer yamtheman’s question about Bankruptcy?:
When researching debt settlement companies, how do you know the best one to use? It is a fairly new industry and most companies are 5-7 years old. How do you know they are reputable?
Auto Loan After Bankruptcy
When researching debt settlement companies, how do you know the best one to use? It is a fairly new industry and most companies are 5-7 years old. How do you know they are reputable?
Auto Loan After Bankruptcy





Bankruptcy Feedback: BBB & State Attorney Generals office is a good place to start. Google the company’s name, see if anyone has had a problem with them.
Bankruptcy Feedback: Check if people were satisfied with their service, read their websites for detailed description of their services and its effectiveness. I used Freedom Debt Relief’s debt reduction program and it was good. Visit:
Bankruptcy Feedback: You can first start by making sure a company is a member of TASC (the association of settlement companies). As was stated before you can also check out the BBB. There are a number of customer review sites as well, one is called measuredup.com. Yellow pages usually has reviews of the companies listed in their directory as well. Almost all of these companies offer free consultations so just call and get a feel for them. If the program sounds like it might be a good idea then great, if it doesn’t hang up the phone and try another. Be careful don’t be convinced just because the person over the phone sounds nice, remember they are basically a salesman when you call them, so be tough.