Home -> Law Blog Directory -> Bankruptcy Blogs -> McLeod Law Offices
(866) 635-2689 for Personal Injury or (866) 635-9402 for Criminal Defense
Find a Local Lawyer
Divorce (866) 635-6190
Personal Injury (866) 635-2689
Criminal Defense (866) 635-9402
Bankruptcy
: McLeod Law OfficesAnother Reason to Avoid "Debt Settlement"
By Bill McLeod, Esq.
I have written about so-called "debt settlement" companies that tout a benefit of paying off your debt quicker and cheaper. In the long run, consumers are left with less money and still at the door of the bankrutpcy court.
From the March 6 issue of Business Week:
The booming business has caught the attention of prosecutors and regulators, who say such programs can leave consumers in worse financial shape. Fees for the services run high. And when banks don't agree to settle?if the settlement firm contacts them at all?consumers get hit with late charges and penalized with higher interest rates, leaving borrowers with even more debt than when they started.
You may have missed...
"Be Debt Free in only 18 months!"
Thinking about Debt Settlement? Think about this...
And Speaking Of Credit Counseling Predators...
Credit Counseling Predators
Full post as published by McLeod Law Offices on March 11, 2008 (boomark / email).
The Mortgage Forgiveness Debt Relief Act
Phantom Income Relief on Debt Cancellation
Collection Agencies and Creditors
How to deal and stop the harassment
Bankruptcy Law
A complete prime (pre-2005)
The Paulson Toxic Mortgage Debt Security Act: The Biggest Government Bailout of All Time
Legislative Proprosal for Treasury Authority to Purchase Mortgage-related Assets
Emergency Economic Stabilization Act of 2008
Bailout Bill HR124
Truth In Lending Act
Consumer Loans and Consumer Credit Protection Act
Creditor Debt
Trophy Resources agrees to $600,000 debt settlement.
Liberty National Life Insurance Co.
allegedly discriminated against Haitians by offering low quality policies and canceling without reason.
Overtime for Programmers
alleging that some companies try to avoid paying employees overtime by categorizing them as "salaried" employees.
Bankruptcy
helping to get you out of debt.
AireSurf Networks Holdings Inc.
$23,147 debt settlement made by issuance of 115,735 common shares.
Too Much Debt
Titan Oil and Gas to pay $179,477 settlement in financial lawsuit.
#1 Online Legal Resource
On 08-25 at 15:46PM
Acute perpendicular parking #NYPD #NYFD
On 08-18 at 22:18PM
Parallel parking gone bad. Too much gas UES NYC
On 08-18 at 21:41PM
UES NYC
On 08-18 at 21:25PM
Twitter suspends journalist critical of broadcast partner's coverage on dubious grounds @guyadams #nbcfail #twitterfail
On 07-30 at 17:57PM
Model example of 1st Amendment suppression by the People of New York City's Michael Bloomberg #OWS #NYPD
On 07-12 at 21:07PM
AG Holder lackadaisical on Operation in our Sites domain name seizures & RIAA lobbied free speech suppression @dajaz1
On 06-08 at 22:44PM
Why is the Catholic Church going to court over Obama contraception policy? @NewYorker commentary
On 05-31 at 10:08AM
Monks sue Louisiana for right to sell caskets made from forrest destroyed by Katrina
On 05-31 at 07:47AM
Are the abortion ultrasound laws headed for the Supreme Court?
On 05-15 at 21:52PM
Beware Debt Settlement Agencies
Warning About Debt Reduction Or Debt Settlement Companies
doubts over debt negotiation fees
What Is An Offer Of Judgment And Why Did The Debt Collector Make One In My Case
Debt settlement companies and credit counselorsare they worth the fee
 |
|
Contact Us | About Us | Celebrity Law Blog |
Our Partners | Disclaimer
| Law Blog Directory
| Law Jobs
| Law Tweets
| Oil Spill Video
All original material © 1999-2011 by USLaw.com. All other material, including Blog Directory feed content, are © by their respective copyright holders. |