The primary focus of the workshop was to discuss the use
of debt settlement companies by consumers and what can be done to protect consumers from deceptive marketing practices.
They must normally sue a
client of a debt settlement company in order to be able to collect their balances, since the client stops paying them in order to fund their debt settlement plan.
Jennifer Osborne is listed as a past director of operations at Phoenix Media Agency and is now the marketing
director of a debt settlement company consumers have been warned about, Cambridge Life Solutions.
It's upsetting to me that someone would make such comments like you have when we here at NCE take pride in changing the
perception of debt settlement companies by conducting business in this industry with the highest of standards.
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.
Again, I'm a proud
owner of a debt settlement company and I'm saying straight from my mouth that debt settlement programs that are projected to take longer than 24 months should be avoided.
Unfortunately, a
lot of debt settlement companies that offer a long - term program don't do a great job of explaining these risks to people, so please see my 4 - part series about how debt settlement works to gain a better understanding of the things you need to know about.
Many people hire the services
of debt settlement companies without reviewing them first and end up overpaying for their debt in the best case and worsening their debt and credit situation in the worst.
One way to resolve your credit card debt or other debt is to enlist the help
of a debt settlement company.
I know this is an old topic, but what are your thoughts on
some of these debt settlement companies outsourcing their sales models overseas?
After doing research, some people may feel they can negotiate their debt without the help
of a debt settlement company.
You can negotiate debt settlement yourself or get the help
of a debt settlement company, whichever you would prefer.
A lot
of debt settlement companies» websites are short on specifics.