Tuesday, June 16, 2009

Debt Settlement Companies : A public harm

Debt Settlement Companies : A Consumer Fraud

Most for profit debt settlement programs charge an exhorbirant fee and fail to adequately disclose that creditors may still sue you or take you to arbitration. The temporary relief of no more collection calls gives the mistaken belief that your debt worries are over. Unfortunately, judgments can become a lien against your real estate, garnish your wages and attach your bank accounts.

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