Don't Let 'em Rip You Off; Debt Settlement Service Is Not Good For Everybody

Secrets Revealed!

Debt settlement might seem like an attractive option, promising to negotiate with your creditors and get you out of debt quick. But before you sign up for it there are some things you need to know.

What's covered in the eBook?

Chapter 1: You'll gain a comprehensive understanding of debt settlement.🎓

Chapter 2: You'll learn how to avoid common debt relief mistakes.🤔🚫

Chapter 3: You'll know to recognize fraud warning signs to avoid them!🚨

Chapter 4: You'll discover the possibilities and limits of the debt settlement industry.🕵️‍♂️

Chapter 5: You'll understand debt settlement's impact on credit scores.📊

Chapter 6: You'll know debt settlement risks & how to protect yourself.🛡️ 

Chapter 7: You'll know when it is possible to save money via debt settlement.💰

Chapter 8: You'll gain tips on how to deal with a debt settlement company.😎

Chapter 9: You'll get advice on how to build financial resilience.💪

What motivated the author to write this eBook?

Here's what the author has to say in response to that question, as explained in the eBook.

"What made me want to write this book?

As a representative for one of these companies, I saw very few people — at the lowest point of their lives — get their debts negotiated and paid. Without having to go to court. Without getting a garnishment on their wages. Without filing for bankruptcy and without having to pay the total amount they owed. I can tell good stories about the interactions I had with those clients that got themselves free of several debts they never thought would be possible to pay by themselves during their lifetime. 

On the other hand, I saw the vast majority of people get their cases neglected. This frustrated me; I played a consumer advocate role within the firm I represented. I was pushing the negotiators to do their job. At some point, I couldn't sleep at night. I felt I was the only one who cared. That was too much pressure on me. So, I decided to quit.

At first, I thought only these people I worked with were the bad guys; maybe other firms were better. That was far from the truth. I looked into other companies in the industry, and it was the same pattern. Very few people get good results, while the rest are getting ripped off. A lot of complaints with the BBB. A lot of fake five stars reviews. Here's a hint: when looking at reviews, notice that only those invited to take the survey say good things, but most of the people not invited leave bad reviews. The word "scam" is one of the most common words used in bad reviews. Then I went to see if, outside of these reviews, there were people raising awareness; those little ones I found were really not informing people about it; they were throwing trash at the debt settlement industry while promoting other services under the debt relief umbrella that have the same type of reputation, and bad comments from consumers. So I decided to take a stand, leading to this eBook you're reading. 

In case you didn't know, most debt settlement companies or law firms do not follow up with their clients regularly — go to the Better Business Bureau and look at the reviews! They only contact you when they get a settlement agreement with one of your creditors or when they're negotiating and need your decision to close a deal (which, the majority of the time, results in you having to add more money to the program). They will for sure send you automated messages and phone calls reminding you of your payments 3 to 5 days before they charge your bank account. Besides that, nobody calls you at all. If you do not call them to know the status of your case, you will never know anything about it. So you have to be on top of your game. I saw people who paid for the entire program. Their creditors didn't get a single penny towards the balance owed, even six months after those clients made all payments.

Therefore, most people I talked to will regret doing business with a debt settlement company for the rest of their lives. They will not recommend it to anybody. And it shouldn't surprise you. These people signed up for it without doing their due diligence. They trusted the sales rep. They believed this was the best way to save significant money while freeing themselves from their debts and improving their credit score. 

I wrote this book to inform as many people as possible, so they can better understand what they will go through when they enroll in a debt settlement program. In this book, I revealed the side of debt settlement that most companies need to be more upfront about. If the debt settlement service is unsuitable for you, but you can't see that, I hope I can help you disqualify yourself before it is too late. In the following pages, I will give you enough logical information; however, if you have carefully studied your situation and found that debt settlement is an excellent fit for your circumstances. I will reveal inside information. In that case, you may still find this book informative and helpful."