Has anyone worked with a legitimate Debt Negotiation company in the S.F. Bay Area that actually worked?
I"m looking for a Debt Negotiator that can help me settle my credit card debt before I fall behind in payments and really dig a deep hole for myself. If you know of a legitimate one, please let me know. Thanks!
Tags: credit card debt, debt negotiator, deep hole
I took help of freedom debt relief to negotiate with my creditors last year. It was a nice experience working with them and I would like to recommend them.
The first thing to do is stop using your credit cards. Use cash for all your purchases. Do a lot of research.
Go to the National Foundation for Credit Counseling here: http://www.nfcc.org/
They can help you find a qualified debt management counselor (not a rip off site) that will help you decide if bankruptcy is right for you. The debt management counselor can also set up a 5-year program to get out of debt, if you qualify.
Avoid the Debt Management scams that will want you to default on your credit cards. CCCS is a nation wide network of councilors who can give you advice on how to get out of debt. Be careful here though, they will want you to cut up all your cards and pay all your debt in 5 years (this is by law – they have no choice if you go into a Debt Management with them); but they are reputable.
I have personally talked to a CCCS councilor – and although I have chosen my own path, much of the information that they gave me (for free) has been useful in my charting a path to a debt-free future.