debt settlement Company

I live in NY, and I need find a good settlement Company, could you recommend one?

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Apr 26, 2010
Looking for a debt settlement company
by: Mary

Thanks for submitting your debt collection question on our Q&A page.

When you are in the market for a debt settlement company, it's extremely important to research your options carefully because many firms in the industry prey on consumers with too much debt by charging them very large up-front fees and not always doing what they promise they will do, among other things. Also, many settlement firms are not clear with consumers about the negative consequences of settling debt. In fact, problems with settlement firms have become so bad that the federal government is expected to adopt strict new rules to better control what they can and cannot do when dealing with consumers.

I do know a fair and ethical settlement firm however. It's called Consumer Recovery Network (CRN). It is a proponent of do-it-yourself settlement and can provide you with information about how to settle your own debts if you want. It can also settle your debts for you. Recently, I did an interview with the president of CRN about debt settlement. I urge you to learn more about settlement by listening to this interview which is available as a debt settlement podcast at this site.

Good luck with your settlement efforts.

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