http://www.thebklawyer.com/thebkblog/2007/02/07/debt-settlement-services-buyer-beware/ Personal Bankruptcy tips and tricks moderated by Atlanta lawyer Jonathan Ginsberg Fri, 30 Jul 2010 18:06:13 +0000 hourly 1 http://www.thebklawyer.com/thebkblog/2007/02/07/debt-settlement-services-buyer-beware/#comment-9859 ackuhns Tue, 27 May 2008 18:01:01 +0000 http://host.jonathanginsberg.com/~thebklaw/thebkblog/?p=109#comment-9859 <p>Yes.</p> Yes.

]]> http://www.thebklawyer.com/thebkblog/2007/02/07/debt-settlement-services-buyer-beware/#comment-9321 Dan Mon, 07 Apr 2008 13:05:40 +0000 http://host.jonathanginsberg.com/~thebklaw/thebkblog/?p=109#comment-9321 <p>Does anyone represent a law firm in the Atlanta metro area that does debt settlement?</p> Does anyone represent a law firm in the Atlanta metro area that does debt settlement?

]]> http://www.thebklawyer.com/thebkblog/2007/02/07/debt-settlement-services-buyer-beware/#comment-7615 Darrell Tue, 20 Nov 2007 18:53:00 +0000 http://host.jonathanginsberg.com/~thebklaw/thebkblog/?p=109#comment-7615 <p>I agree with Steve. I represent a law firm that does both bankruptcy and debt settlement and I feel that is if the consumer is honest with us then we can pick an appropriate course of action. We would never recommend to a client to go into a debt settlement program if they have no means (income) to settle. That being said, there have been numerous occasions that a client is in over $100k in debt and has already fallen behind therefore tarnishing his/her credit and the minimum payments there are making are over $1,500 a month. In this instance, a debt settlement program I feel is the way to go taking all circumstances into account of course. You have to also remember that a great amount of people are just "morally opposed" to bankrupcy and they would rather try any alternative first. We do not "PREY" on any individuals, we give them there options and they can choose from there.</p> I agree with Steve. I represent a law firm that does both bankruptcy and debt settlement and I feel that is if the consumer is honest with us then we can pick an appropriate course of action. We would never recommend to a client to go into a debt settlement program if they have no means (income) to settle. That being said, there have been numerous occasions that a client is in over $100k in debt and has already fallen behind therefore tarnishing his/her credit and the minimum payments there are making are over $1,500 a month. In this instance, a debt settlement program I feel is the way to go taking all circumstances into account of course. You have to also remember that a great amount of people are just "morally opposed" to bankrupcy and they would rather try any alternative first. We do not "PREY" on any individuals, we give them there options and they can choose from there.

]]> http://www.thebklawyer.com/thebkblog/2007/02/07/debt-settlement-services-buyer-beware/#comment-5814 Steve "The Debt Settlement Man" B Sun, 22 Jul 2007 16:22:30 +0000 http://host.jonathanginsberg.com/~thebklaw/thebkblog/?p=109#comment-5814 <p>I feel just like bankruptcy that debt settlement has its place. Many people have no option but to go through a bankruptcy that is why it was put there. Settlement on the other hand is a nice alternative to bankruptcy for someone who is in position to settle. Both routes have there pros and their cons. I lean more towards settlement, but for a lot of people even that is out of question leaving bankruptcy as the only option. And to give credit to bankruptcy it is not the end of the world like many people believe. You will be able to get credit again. In fact many of the credit card companies prey upon people how have claimed bankruptcy because they know they have a higher chance of getting into financial difficulties again and owing them a lot of money. For those that do not believe me check out the documentary "Maxed Out" very informative.</p> I feel just like bankruptcy that debt settlement has its place. Many people have no option but to go through a bankruptcy that is why it was put there. Settlement on the other hand is a nice alternative to bankruptcy for someone who is in position to settle. Both routes have there pros and their cons. I lean more towards settlement, but for a lot of people even that is out of question leaving bankruptcy as the only option. And to give credit to bankruptcy it is not the end of the world like many people believe. You will be able to get credit again. In fact many of the credit card companies prey upon people how have claimed bankruptcy because they know they have a higher chance of getting into financial difficulties again and owing them a lot of money. For those that do not believe me check out the documentary "Maxed Out" very informative.

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