14
Jul 2018Another Family Wastes Thousands with Freedom Debt Relief
Posted by Robert Weed / in Weekly Posts /
Another Fairfax County Family Wastes Thousands with Freedom Debt Relief.
I filed a bankruptcy case this week for Alexander and Alina yesterday.
They had been enrolled with Freedom Debt Relief for over five years–the longest enrollment I ever heard of. And according to Freedom Debt Relief, they had only four monthly payments to go until everything was settled.
So why were they coming to see me? During that same five and a half years, they had two cars repossessed, and their townhouse went to foreclosure. Trying to “resolve” your credit cards when you can’t make the car payment is NOT a good idea.
But one other thing hit me. Although Freedom Debt Relief said all but one of the cards has been settled and paid, their credit report was very different. The Experian credit report showed only one card as settled, and the other five were still reporting monthly as late.
So whatever “settlement” Freedom Debt Relief did, it did NOT include getting the creditors to report paid in settlement on the debts. Seeing that credit report brought my low opinion of Freedom Debt Relief even lower.
(True story except I changed the names of Alexander and Alina.)
Please select the social network you want to share this page with:
We like you too :)
Thanks for connecting with Robert Weed. We look forward to sharing valuable information with you.
Robert Weed has helped fifteen thousand people file bankruptcy in Northern Virginia. Robert Weed is a frequent panelist and speaker at the meetings of the National Association of Consumer Bankruptcy Attorneys. He is one of Northern Virginia’s most experienced personal bankruptcy lawyers. As an expert on changing consumer bankruptcy laws, Robert Weed has been interviewed on local and national TV and quoted in newspapers across the country.
