Sentences with phrase «debt relief providers in»

Not exact matches

For many years debt relief plan providers, such as nonprofit credit counselors, and debt settlement service providers, have been seen as two separate and distinct structures in the debt relief services industry.

You can always attempt to negotiate your debts down without a service provider, but National Debt Relief can demonstrate the value in their services with savings to you.

If any debt relief provider discourages you from examining every option before forcing you to make a decision, that is NOT in your best interest and you have to ask yourself why are they doing that.

The change is that companies offering debt relief services over the phone can not collect advance fees from you before settling or reducing your debt, before having an agreement for debt management or other services in place, or until you've made at least one payment to a creditor as a result of a plan negotiated by the debt relief provider.

Selecting the right debt relief option and debt relief provider for you is going to be one of the most important things you do in your life.

The importance in talking to these other debt relief solution providers can't be understated.

Moreover, a regulatory scenario in which up - front fees are not prohibited places those debt relief providers who prefer not to require consumers to pay substantial up - front fees at a competitive disadvantage.

Based on my experience in covering stories about debt settlement abusive practices it seems like the advance fee ban initiated by the FTC goes a long way to protect consumers but is not so hard and fast that there are not some small allowances given to debt relief providers.

For debt relief providers that think they will be able to make savings claims in general, that's not going to fly.

Last week, FTC staff attorney Michelle Grajales presented an up - close compliance update to debt - service providers at the Association for Student Loan Relief Conference in Las Vegas.

if the debt relief provider requests or requires the customer to place funds in a dedicated bank account, that the customer owns the funds held in the account and may withdraw from the debt relief service at any time without penalty, and receive all funds remitted to the account.

While the TSR says that debt relief providers may require the consumer to place funds in a dedicated bank account a larger issue will arise when the providers of such banking services, like NoteWorld and Global Client Solutions, will have a specific duty to make sure they are working only with debt relief providers that comply with the TSR.

One of the allegations in the ongoing battle between debt relief providers Frank Linder, Esq. of FBL Associates and Evan Kagan, Esq. is the allegation that customer data was stolen from FBL Associates and utilized by the...

As discussed in detail in this SBP, the Final Rule addresses deceptive and abusive practices of debt relief service providers and includes the following elements: