Comments on: TASC – Debt Settlement Lobby or Protector of the People? http://damonday.com/277/tasc-debt-settlement-lobby-or-protector-of-the-people/ Need Debt Help? Confused by Debt Resolution Options? Get Unbiased Credit Card Debt Advice to Find Honest Debt Settlement Programs, Credit Counselors, and Bankruptcy Attorneys Thu, 02 Feb 2012 12:32:53 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Damon Day http://damonday.com/277/tasc-debt-settlement-lobby-or-protector-of-the-people/comment-page-1/#comment-876 Damon Day Wed, 07 Jul 2010 22:03:32 +0000 http://damonday.com/?p=277#comment-876 Hello James, While I agree that in many cases a debt settlement approach is not the best answer. There are times where debt settlement, when done correctly, can be the best alternative for a consumer given the right financial circumstances. Yes here in the states we do have debt management programs. They are typically referred to as Consumer Credit Counseling (CCCS)programs. Given the proper cash flow, they can certainly be an effective program for many people. Hello James,

While I agree that in many cases a debt settlement approach is not the best answer. There are times where debt settlement, when done correctly, can be the best alternative for a consumer given the right financial circumstances.

Yes here in the states we do have debt management programs. They are typically referred to as Consumer Credit Counseling (CCCS)programs. Given the proper cash flow, they can certainly be an effective program for many people.
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]]> By: James http://damonday.com/277/tasc-debt-settlement-lobby-or-protector-of-the-people/comment-page-1/#comment-201 James Wed, 20 Jan 2010 15:09:54 +0000 http://damonday.com/?p=277#comment-201 <p>Debt Settlement should be avoided at all costs. I was wondering if in the US you had a similar service to that of a debt management company? Basically this company contact all a consumer creditors negotiating better terms and payment periods.</p> Debt Settlement should be avoided at all costs. I was wondering if in the US you had a similar service to that of a debt management company? Basically this company contact all a consumer creditors negotiating better terms and payment periods.

]]> By: Damon Day http://damonday.com/277/tasc-debt-settlement-lobby-or-protector-of-the-people/comment-page-1/#comment-185 Damon Day Sun, 03 Jan 2010 19:29:48 +0000 http://damonday.com/?p=277#comment-185 <p>Hello Sarah,</p> <p>Good point, and likewise you should fire or simply not hire any debt settlement firm that tells you that they will put you on a four year debt settlement program. As a rule of thumb, if you cannot raise the funds to settle your debts within 2 years or so, debt settlement is probably not a good option for you. Most settlement companies cannot help you settle your debts quickly, because they are charging so much money in fees that you would usually have to save up for an entire year just to pay the fees.</p> .-= Damon Day´s last blog ..<a href="http://feedproxy.google.com/~r/DamonDay/~3/m0sMO5w6MFA/">TARF - The Association of Red Foxes</a> =-. Hello Sarah,

Good point, and likewise you should fire or simply not hire any debt settlement firm that tells you that they will put you on a four year debt settlement program. As a rule of thumb, if you cannot raise the funds to settle your debts within 2 years or so, debt settlement is probably not a good option for you. Most settlement companies cannot help you settle your debts quickly, because they are charging so much money in fees that you would usually have to save up for an entire year just to pay the fees.

.-= Damon Day´s last blog ..TARF – The Association of Red Foxes =-.

]]> By: sarah http://damonday.com/277/tasc-debt-settlement-lobby-or-protector-of-the-people/comment-page-1/#comment-177 sarah Sat, 02 Jan 2010 14:57:44 +0000 http://damonday.com/?p=277#comment-177 <p>Thanks for the break down on TASC - but I would have to fire any contractor that told me it was gonna take them 4 years to build my dream house :)</p> .-= sarah@Florida dui attorney´s last blog ..<a href="http://floridadrunk.com/all-about-florida-ignition-interlock-devices">All About Florida Ignition Interlock Devices</a> =-. Thanks for the break down on TASC – but I would have to fire any contractor that told me it was gonna take them 4 years to build my dream house :)

.-= sarah@Florida dui attorney´s last blog ..All About Florida Ignition Interlock Devices =-.

]]> By: Carnival of Personal Finance #234 – Weirdest Toy Crazes Edition | Suburban Dollar http://damonday.com/277/tasc-debt-settlement-lobby-or-protector-of-the-people/comment-page-1/#comment-165 Carnival of Personal Finance #234 – Weirdest Toy Crazes Edition | Suburban Dollar Mon, 07 Dec 2009 13:06:21 +0000 http://damonday.com/?p=277#comment-165 <p>[...] Damon with Damon Day & Associates is running a series of articles on The Association of Settlement Companies (TASC). The most recent installment covers if TASC is a debt settlement lobby or a protector of the people. [...]</p> [...] Damon with Damon Day & Associates is running a series of articles on The Association of Settlement Companies (TASC). The most recent installment covers if TASC is a debt settlement lobby or a protector of the people. [...]

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