Debt Consolidation

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.


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.

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Posted in Debt Consolidation, Debt Settlement | 1 Comment »

One Response to “Ways To Avoid Scam Artists And Choose A Genuine Debt Settlement Attorney”

  1. rubu says:

    If you want to avoid the fraud of pay day sites , first of all compare the rates of different pay day loan creditors. You can have a rough idea of how much the loan creditors offer the rate of interest. There are so many websites available in the internet that provides very attractive rates. You work with the companies only that if you are not being cheated. You have to read the instructions and the agreements carefully before signing it. Also contact your creditor after receiving the condition. You should keep track for your creditors and don’t rely on him blindly. If there will be an advertisement of low rate loan and high administrative charges for providing the loan then the rate would be definitely very high. If a company put a charge in order for fast payment then you can avail the facility provided by the company. This is because there will be a bank charge associated and not for the lender to make money. They are just provided you a service. You also have to check the website security and registered address of the company

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