Debt settlement has become an extremely popular alternative to bankruptcy in recent years, and ads for debt settlement firms seem to pop up everywhere. So, if youre looking for a reliable and ethical debt settlement company to represent you regarding your overwhelming debt burden, where do you go?
The Internet is a great place to start, but you need to be very cautious and not get sucked in by a high pressure sales person. As a matter of fact, I would advise against even considering a company whose sales tactics are designed to pressure you. These types of firms are typically more interested in taking your money than helping you with your debt-related troubles.
Also, if youre unable to locate a company that doesnt require a monthly payment schedule, be sure that the company youre considering doesnt take its fees prior to providing a service. It may be difficult and it might take a considerable amount of time, but you can locate debt settlement firms that work on a contingency basis, and dont require up-front fees or monthly maintenance fees. Its well worth your time to find these companies; after all, if you pre-pay your fees, what incentive does the company have...