Variety in methods and debts

[Shane Watson]

I believe all the debts are not same. For that reason there are varieties of strategies in debt settlement. Some of the companies have different flexible programs with individual debt settlement.

As the economy is passing a tough time, it is obvious that more and more people with face problems in handling their debt. It is relieve that few financial institutions are emerging to help those people because Creditors started to act aggressive.

I think it is a good solution for debt settlement.

[Joan.of.the.Arch]

I'm hearing a lot of commercials on the radio for debt resolution services. They strike me as a bunch of slime balls, and likely the comprising the very same people who until a few months ago were running slime-ball commercials trying to get everyone's business to take out second mortgages, roll credit card debt into their mortgage, and take out first mortgages they they had no real way to keep up with over the long term.

[paladin]

Interesting article about debt settlement companies. Beware!

Debt cut in half? Don't count on it - The Red Tape Chronicles - MSNBC.com

[jeffrey]

http://www.savingadvice.com/forums/debt/46985-debt-settlement-credit-counseling-companies.html

[tmvijai]

I totally hate people who like to screw others life when they are already in deep trouble like mortgage modification scams. People are already distressed and looking for help. These scammers just hunt them like hawk and try to ripe them off. Obviously the consumer should be very vigil and alert but many folks turn out victim which is bad.

[disneysteve]

The problem is that the scammers, like these debt consolidation folks, know that the best time to suck people in is when they are at their most vulnerable, when they are at the end of their rope and don't know where to turn. People are most gullible when they are most desperate unfortunately.It makes them easy targets.