In general, credit counseling groups lie or mislead
people about debt settlement, debt settlement companies tell partial truths about credit counseling, and both groups try to create unfounded fear about bankruptcy.
Not exact matches
«Christianity is not being attack the devil is a liar /
people today will sue by association, irs is coming after me in 2011 after i left my business partner in 2008 he did nt pay them or others creditors they do nt care if you do nt owe it they want the money i own another company, a
person give me a bad check for 100.00 he got a attoney in n / c trying to sue me for 4000.00 there was no voilation, but everyone i spoke to said it would be cheaper to offer and
settlement / he owed the
debt he bouced the check, why should i pay, so its
about the mighty green but all liars will have their part in the lake of fire, he without sin cast the frist stone
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.
When
people are considering
debt settlement, they often think
about alternatives such as bankruptcy.
Many
people who complain
about debt settlement companies simply don't understand how the
debt settlement process works.
According to Robert Manning, founder of the Responsible
Debt Relief Institute, «about 60 percent of the people drop out of the debt program in six months and never get the benefits of the settlem
Debt Relief Institute, «
about 60 percent of the
people drop out of the
debt program in six months and never get the benefits of the settlem
debt program in six months and never get the benefits of the
settlement.
There are many
debt settlement programs, but most
people are confused
about how they work and if they do in fact work.
Learn more
about how our
debt settlement program helps
people get out of
debt faster and for less here.
If more
people knew
about these more safe and reliable approaches to
debt settlement I think you would find that credit counseling wouldn't be the first thing commonly suggested.
I'm shocked TASC says it's a reliable option when only
about 10 % of all
people enrolled in
debt settlement ever fully resolve their
debt problem with
debt settlement.
That's right, the discussion will really be
about how to leverage
people in
debt settlement programs to increase collections from them.
So we were talking in the last segment
about debt settlements which are a good option for a very limited number of
people.
This is precisely why most
people who are submitting Offers in Compromise (and getting them approved), end up outsourcing the work to tax experts or
debt settlement agencies; because an individual tax payer has no idea how the IRS determines what taxpayers can afford, or how close the taxpayer is to being honest
about what they think is reasonable for repayment.