Debt Settlement Industry

Are Attorney Backed Debt Settlement Programs Safe?

Kevin Yu | Posted 05.14.2012

Read More: Debt Settlement Industry, Get Out of Debt, Debt Settlement, Attorney Backed Debt Settlement, Budget, Debt Settlement Strategies, Final-Telemarketing-Sales-Rule, Money News
Kevin Yu

Just because a debt settlement company is "attorney backed" does not mean that an actual attorney will be negotiating their debts.

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Debt Collectors Beware: New Illinois Law Bites

Karen K. Harris | Posted 05.25.2011

Read More: Final Telemarketing Sales Rule, FTC and Debt Relief, Debt Settlement Industry, Debt Settlement Protection Act, Chicago News
Karen K. Harris

A new law forbids debt settlement companies from unfairly charging customers without having done any work.

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New Rule Cracks Down On Debt Settlement Industry

AP | CANDICE CHOI | Posted 05.25.2011

Read More: Better Business Bureau, Credit Card, Debt Settlement Industry, Debt Settlement, Credit Card Laws, Ftc, Business News

NEW YORK — Companies that promise to reduce or eliminate credit card balances and other debt for customers will no longer be allowed to charge an up...

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