The right debt settlement company for you

Being in debt can be emotionally distressful for most people and as a result they often don’t know what to do or how to tackle the situation. But this is definitely not how you should be approaching debt. Many people also associate shame with debt and find it difficult to approach the right advisors who could actually help them out. As a premier debt settlement company we see a lot of this in happening to people and we try and counsel our clients as much as possible in staying away not only from unscrupulous companies but also badly researched advice that may have an adverse affect on debtors.

Beware of unscrupulous companies that tend to swoop in to take advantage of people in distress, while promising to give them solutions to solve their problems. Perhaps why it is all the more important to understand who can help you and who is pretending to do so. Debt settlement can be a nice reality, if done in a proper manner and in a cautious manner. Otherwise you might end up being in a bigger mess than you already are.

Beware of false promises

There are some companies who will promise you the moon. You need to be extra careful of such companies because debt settlement is a gamble and does not always yield in the same results for everyone. If a company promises you a particular amount of reduction without even knowing about your case, you must understand that something is wrong.

Upfront fees

If a company tries to hide their fee structure then you should be aware of such a company. Moreover it is always good to clear the financial transaction details before signing an agreement with the company. Also there is a definite cost involved in settling consumer debt so it is better to find out how often the company will be paid before you sign up with them.

How is the settlement to be made

Before signing on a debt settlement company make sure that you ask them the mode of repayment. Whether it is going to be a lump sum payment amount that could be worked out or whether they would set up a trust account from which the payment is to be made. Once you know they have a well calked out plan then you can go ahead and talk to the company about how you can work together for settling the debt.

Base your opinions on solid proof

While on the lookout for a reputable debt settlement company always ask for concrete proof of how they have settled debts in the past, their methodology and the exact ratios of settlement versus what was owed. The company track record of settling debt is a very good way of understanding their operations.

Do some basic research

Before you fix any particular company, make sure that you do some basic research on them as well as other companies that you think might help you out. In this regard you might want to check out a particular company with the ‘Better Business Bureau’ to understand their credibility. While doing your research also make sure you look out for a few other companies which you think might be able to help you out too. Comparing services as well as prices is always a good idea.

Your ‘Debt Settlement Attorney’ led by well known lawyer Shah Peerally is a law firm with adequate knowledge of debt settlement and can also guide you along the legal problems that might occur as a result of debt. If you have any problem with your debts, you might want to call or fix an appointment today.

Shah Peerally is an attorney licensed in California practicing immigration law and debt settlement. He has featured as an expert legal analyst for many TV networks such as NDTV, Times Now and Sitarree TV. Articles about Shah Peerally and his work have appeared on newspapers such as San Jose Mercury News, Oakland Tribune, US Fiji Times, Mauritius Le Quotidien, Movers & Shakers and other prominent international newspapers. His work has been commended by Congress women Nancy Pelosi and Barbara Lee.  He has a weekly radio show on KLOK 1170AM and frequently participates in legal clinics in churches, temples and mosques.

 

For updates follow us onYoutube, Radio, Facebook, Twitter and LinkedIn.  Shah Peerally Law Group PC deals in immigration law  - www.peerallylaw.com and www.immigrationlegalblog.com

Attorney Shah Peerally also deals in debt settlement. For more information call us on 510.742.5887 and visit us on www.YourDebtSettlementAttorney.com.

Information provided above is for educational purposes only.  One should not act or refrain to act solely based on the information provided.  You should consult an attorney to assess your case before proceeding.

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Disclaimer: The views expressed on this website are not necessarily those of Shah Peerally or his law firms. No attorney client relationship is created by reading any message or articles posted on this blog.