Though there are newly amended federal
laws for debt settlement companies, these laws primarily apply to for - profit companies who sell their services only over the phone.
2 or 3 years in business is not enough
time for a debt settlement company or any financial debt solution company to establish a proven track record due to consumer plans lasting for at least 2 to 3 years.
This not only gives them an advantage in working out settlement arrangements, but it often makes it
possible for the debt settlement company to reasonably predict how certain creditors will respond to a settlement offer, as well as what can and can not be worked out.
Through protecting the interests of consumer debtors and lobbying on behalf of debt settlement companies on both federal and state levels, TASC has become a reliable resource and
network for debt settlement companies and the go - to source for information on the debt settlement industry.
consumers can trust to police their members, take consumer complaints seriously and keep an eye
open for debt settlement companies that don't want to play by the rules after October 27, 2010?
A couple of years ago I wrote an article asking, pleading really,
for any debt settlement company (DSC) to explain to me how they could ever possibly «do whatever is in the best interests of the consumer» when they are unable to give any legal advice in what are inherently legal matters.
A couple of years ago I wrote an article asking, pleading really,
for any debt settlement company (DSC) to explain to me how they could ever possibly «do whatever is in the best interests of the consumer»...
I'm pretty sure this is a groundbreaking moment — a trusted third - party standing up
for debt settlement companies.