Parting Ways with Debt Settlement Companies

by | Nov 29, 2012 | Avoid Bankruptcy, Business Debt, Credit Card Debt, Credit Card Lawsuit, Debt Collectors, Debt Consolidation, Debt Relief, Debt Settlement

In our law practice, we often get clients that come to us after they have been with debt settlement companies, but aren’t happy. The following article explains a situation we see all too often. Individuals are ready to bail on their debt settlement company due to poor or no results. As the article points out, the best thing you can do is look at your contract.

http://rapidcityjournal.com/business/bonnie-spain-how-do-i-get-out-of-my-debt/article_70053100-8857-537f-a1b0-b7f75ac3268b.html

And what if you don’t understand the contract? Do what the article says. Seek the assistance of an attorney to guide you through the process. Not only can they help you get out of your contract, a debt settlement law firm will likely be able to assist you in settling the debts the debt settlement company could not. Moreover, if a creditor does decide to sue you, there is nothing the debt settlement company can do for you since they are not attorneys. We always recommend seeking the assistance of a qualified attorney. Even if they cannot assist you, they will likely be able to refer you to another professional that can.

 

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Kevin Fallon McCarthy

Kevin Fallon McCarthy is the McCarthy Law PLC’s managing attorney and an experienced Phoenix debt attorney. Mr. McCarthy has also worked as general counsel for a large corporation. He has corporate counsel experience in human resource matters, general corporate governance, and union class action litigation.