Financial Debt Relief Assistance - Finding Quality Credit Counseling
BBB - Better Business Bureau supplies information regarding Debt Settlement Companies. The problems faced by the consumers, the action taken by a settlement company, the response of the consumer whether favorable or not are all given. Hence a new customer can go through all this valuable information before taking a decision on which company to choose for helping him settle his debts.
Unfortunately along with legit companies many fraudulent companies also advertise themselves on the net. The customer should be aware of such companies. Companies who do not give adequate time for the customers to think before signing a contract or claiming that they do not charge any fees are all to be looked upon with suspicion.
A person with more that $10,000 in debt are eligible to avail debt settlement. A good debt settlement company can help the debtor get over his debts in less than 2-3 yrs. The negotiator will be able to communicate with the creditors the difficulty faced by the debtor to pay the entire amount owed by him and will be able to get a reduction of atleast 40%.