Frequently Asked Questions
- 1. What is debt settlement and negotiation?
- 2. How does debt settlement and negotiation work?
- 3. Why should I use an attorney for debt settlement?
- 4. Can’t I just settle the debts myself?
- 5. Is debt settlement legal?
- 6. My credit card company told me they don’t deal with debt settlement companies?
- 7. Can my credit union debt and student loans be included?
- 8. Will my credit score be affected?
- 9. I feel like I owe the debt because I made it.
- 10. I have seen other companies that say they will settle my debt for 70% of what I owe, is that true?
- 11. I have heard debt settlement is a scam.
- 12. Why don’t you charge an upfront fee?
- 13. I had a family member that tried this program and they are worse off than when they entered.
- 14. What is this going to cost me?
- 15. Is there a catch? It sounds too good to be true.
- 16. Why shouldn’t I just claim bankruptcy?
- 17. Can you guarantee that my creditors will settle?
- 18. Are you listed with the BBB?
- 19. Are you members of USOBA and TASC?
- 20. Can you stop the harassing phone calls?
- 21. I have heard I have to pay income tax on the settled amount, is that right?
- 22. What separates your company from everyone else?