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May 2021For most people bankruptcy works. For most people, debt settlement doesn’t.
Posted by Robert Weed / in Weekly Posts /
For most people, bankruptcy works. For most people “debt settlement” doesn’t work.
One reason. The debt settlement people charge enormous fees–FDR and NDR charge at least $6,000 to “settle” $40,000 in credit cards (and you still have to pay the settlement).
Plus, they usually don’t work
.
See this email I got this email today from Ed.
Ed is paying the debt settlement company and got sued anyway. Why? Because the debt settlement people usually settle the smallest debts first.
And while you are paying off the small settlements, do the big cards just wait patiently? Or do they sue?
You can read what happened to Ed….What do you think?
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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.
