Posts Tagged ‘Settlement Company’

How do I find an honest debt settlement company to work with?

Friday, March 5th, 2010
new girl asked:


If you have had success working with an honest, reliable, authentic debt settlement please let me know

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Posted in Personal Finance | 8 Comments »

How do you know which debt settlement & negotiation company to choose?

Tuesday, March 2nd, 2010
Janiced asked:


I know it’s time to hire a debt settlement company, since I don’t think I’ll be able to get out of my current situation by myself. (roughly $130,000 in debt… and counting). Are there any good debt settlement companies you would recommend?

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Posted in Personal Finance | 4 Comments »

Will I have to pay income taxes on savings after a debt settlement program if income is low?

Sunday, February 14th, 2010
Lee asked:


I am having to go through a program with a reputable debt settlement company and I understand I will get a 1099 at the end of the year after settlements are completed. I have extremely low income and was wondering if I would have to pay taxes on the savings?

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Posted in Personal Finance | 1 Comment »

How do you check out the history of a debt settlement company?

Friday, February 12th, 2010
yamtheman asked:


When researching debt settlement companies, how do you know the best one to use? It is a fairly new industry and most companies are 5-7 years old. How do you know they are reputable?

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Posted in Personal Finance | 2 Comments »

How do I know if the debt settlement company I’m working with is competent?

Wednesday, February 10th, 2010
Bob M asked:


I’m so worried about getting screwed by an incompetent company. Also, I checked with Debtmerica and they’re trying to charge me a 15% fee to do the debt negotiation. I’ve checked with a few other places too and somebody recommended going with an attorney-based debt settlement company to get better results. Any help would be appreciated.

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Posted in Personal Finance | 1 Comment »