Comments on: Don’t Call a Debt Settlement Company for Financial Advice, Craigslist Exposes Why

By: Legal Helpers – If You Lie Down With Dogs You Wake Up With Fleas | Pay Off Credit Cards using an Honest Credit Card Debt Settlement Company

Tue, 31 May 2011 23:36:12 +0000

[...] to help them settle their outstanding debts. I attribute this sudden increase to the fact that debt settlement sales organizations have recently flocked to Legal Helpers in hopes that they will be able to continue charging front [...]

By: Dan Nunley

Dan Nunley — Wed, 24 Nov 2010 14:39:02 +0000

Damon,

Thanks for offering good advice and real assistance to consumers who are struggling financially. Since 1996, I have focused my law practice on helping regular folks with serious debt problems. As a result, I talk to good people every day who have been taken advantage of by debt settlement scam artists who pretended to be impartial, well-educated and truly concerned with the consumer’s well-being when in reality the scam artist was only interested in pocketing substantial upfront fees without doing anything of real value to help the consumer. We need more people like you who truly have the consumer’s best interest at heart. If you ever have a client in the Tulsa, Oklahoma area who you think I can help, don’t hesitate to contact me.

Dan Nunley
Dan Nunley recently posted..Plant Performance Services To Close Sand Springs Facility

By: Freedom debt relief says upfront fees help consumers-I say Bullshit-What say you? | Damon Day & Associates

Wed, 14 Jul 2010 21:51:04 +0000

[...] word of warning to consumers. Some unscrupulous sales people will claim they don’t have any upfront fees. To be clear, when I say “front [...]

By: Valerie

Valerie — Tue, 13 Jul 2010 16:32:46 +0000

Then what is a good option when bankruptcy is not an option and you are in way over your head financially? I am working 65 hours a week and still have not been able to make a small dent into my debt. What other options are there? I can’t find another way.

By: LISA SIMMONS

LISA SIMMONS — Fri, 09 Jul 2010 14:25:25 +0000

I’ve heard that Debt settlement agencies are not backed by attorney’s. This sounds so unreasonable. How can they continue in business like this? They should be shutdown!

By: Tia@Private Student Loans

Tia@Private Student Loans — Wed, 07 Jul 2010 23:55:55 +0000

Thanks for this. I agree that it’s better to seek information from someone who is knowledgeable in debt management – prior to seeking advice from someone trying to sell debt settlement services. Better to converse with a consultant rather than a marketing rep.
Tia recently posted..Financial Aid 101- How Will You Pay for College

By: Nicola@SimpleDivorce

Nicola@SimpleDivorce — Wed, 07 Jul 2010 22:15:51 +0000

Thanks Damon, I’ll do that. I think the main problem they get them into is they don’t seem to factor in that an average divorce takes about three years and has to be paid for.
Nicola recently posted..Divorce Advice – Who Do You Listen To

By: Damon Day

Damon Day — Wed, 07 Jul 2010 20:49:31 +0000

Hello Ilyse,

Yes it is unfortunate, but all to often, consumers are being sold programs that make absolutely no financial sense for them. If the person that consumers are relying on, only makes money by selling a specific program, then the advice given is typically going to be to buy the specific program that is being sold.

My aim with this article was simply to call consumer attention to this fact.
Damon Day recently posted..Credit Answers Runs Misleading Ad- TASC Does Nothing – Big Surprise (dofollow)

By: Damon Day

Damon Day — Wed, 07 Jul 2010 20:45:28 +0000

You are welcome Nicola,

If you feel that any of your clients are in a situation where they would benefit from an individual consultation with me. Feel free to send them to my site and I can help them sort through their debt issues. When going through a divorce, things can be especially tricky.
Damon Day recently posted..Excuse Me – I’m Calling Bullshit (dofollow)

By: Damon Day

Damon Day — Wed, 07 Jul 2010 20:39:29 +0000

Hello Tracy,

Whether or not a company is for profit or not for profit is not really a factor in which their trustworthiness or consumer benefit can be judged. There are rip off programs in both camps. Just because a company jumps through some hoops and moves money around to try and qualify for nonprofit status with the IRS, doesn’t mean they are doing a good job for consumers.
Damon Day recently posted..Debt Settlement Consumer Protection Act – So Much Protection it Actually Hurts (dofollow)