Posts Tagged ‘debt settlement attorneys’

Ways To Avoid Scam Artists And Choose A Genuine Debt Settlement Attorney

When debts go out of control, a can help. But, considering the very fact that the laws to regulate the services of these attorneys are not very effective, it creates some easy opportunities for the scam artists. Therefore, you have to be very careful before you sign up with one. When it becomes difficult for consumers to meet their debt obligations, they often start looking out for some quick fixes. Scam artists do not have to work hard to win trust of these consumers. They just have to make some alluring offers, saying things that a consumer drowned in debts likes to hear, such as quick settlement, low fee, and other such things. If you are also tempted to use their services, you have to be very careful. Following are some simple ways on how you can avoid the possibilities of fraud and choose a genuine service provider.

Is The Lawyer Duly Licensed?

When it comes to choosing a genuine debt settlement attorney, the first thing you have to do is to find out if the lawyer you are considering hiring is duly licensed to provide these types of services. The best way to do this is to contact the local Bar Association in your state and ask for details about the lawyer. A licensed attorney is quite unlikely to be engaged in fraud activities. Still, there can be exceptions.

Check Their Reputation With The Better Business Bureau

The Better Business Bureau maintains records about businesses and professional service providers, including lawyers. You can check these records to find out if there have been complaints against a specific attorney or if he/she was ever sued for fraud activities. The one with negative reporting history is obviously not the right choice for you. You can also get access to unanswered complaints against a debt settlement attorney by contacting your state bar association.

Fees

The fees must be reasonable enough. Since you are already in debt, you do not want more financial burden. Depending upon the complications involved in your case and the place you are living in, the fee may range anywhere from five hundred dollars to one thousand dollars or even more. This is obviously not a small amount considering the bad financial situation you are already in. You must closely review each and every aspect to decide whether the fee is reasonable for your situation. Before you sign any agreement with the lawyer, make sure you get a realistic cost estimate in writing.

In order to make a final decision on whether you should hire a attorney or not, you must find out how much they can help you save. If they are charging you $500 and are saving $5000, it does not sound a bad deal. But again, you must closely study all other factors as well.


Custom Search
Bankruptcy

Basic Things You Must Know About Bankruptcy Dismissal

When you file a petition for bankruptcy and the court rejects your petition on certain grounds, it is legally termed as bankruptcy dismissal. Dismissal means your case is officially closed and that the court will make no further rulings on your case. Some of the most common reasons why a petition is...

Bankruptcy
Credit Repair

Building Credit With No Credit

When it comes to building credit with no credit, there are several online canadian pharmacy factors that you need to take into account. Just because you do not have any credit history at present, it does not mean you will never have one. No one is born with a readymade credit history. You have to gi...

Credit Repair

A Loan To Defeat All Loans Debt Relief Loan
Payday loans fax-free payday loans and instant online payday loans are everywhere be it on the Internet newspapers or television. Today when the economy is in turmoil these loans look like the saving gra... Read more

Tips On How To Consolidate Payday Loan Debt
You may need to consolidate payday loan debt when you are caught in the middle of a financial crisis arising out of your inability to repay multiple loans. Debt consolidation loan allows you to consolidate all... Read more

Do Not Put Up With Debt Collectors Harassment
There was an emergency and the need arose to take a payday loan. It seemed to be the fastest and the best option available then. However now the debt collectors harassment is horrendous. The fact that using t... Read more

Consolidate Payday Advances To Save Yourself
Payday advances are loans taken against a persons paycheck. They have a way of digging into your paycheck month after month. They usually have exorbitant interest rates though the sites offering the services... Read more

Can I Consolidate Payday Loans
Can I consolidate payday loans is a question you are sure to ask yourself when faced with a trying financial situation. When payment of loans becomes difficult it is possible to consolidate and replace many... Read more

What are the pros and cons of debt consolidation?