Debt Negotiators do not have to be licensed — just about anyone can set up as a Debt Negotiator and charge for it.
The 1099c is the part that the debt negotiator doesn't tell you about or puts in the «fine print.»
Not exact matches
Washington (CNN)- The top two Democrats in the Senate said they don't think there is enough time before the
debt ceiling is reached Aug. 2 to pass the comprehensive
debt reduction plan unveiled Tuesday by the Gang of Six
debt negotiators.
Like some other
debt relief related companies,
debt negotiators typically don't provide any service that you can't
do on your own.
Recently amended federal laws for certain
debt relief companies
do not allow for - profit
debt negotiators who make telemarketing calls to ask you to pay upfront for their services.
Visa
does not have to reduce the balance owed just because the
debt negotiator called.
No advanced fees: Accredited
Debt Relief
does not charge you any fees until their
negotiators have resolved your
debts.
Debt negotiators are not licensed,
do not have to have any special qualifications, and are not regulated.