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How do you choose the right debt consolidation company ensuring that you will not get ripped off? |
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You can choose a debt reduction company like Freedom Debt Relief, who can negotiate with your banks to reduce your debt amount and one can become debt free in the least amount of time. I took their service which was very good.
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I question the value of debt consolidation companies. I have an article on my website discussing how Chapter 13 bankruptcy is often preferable to private debt consolidation companies.
First answer by Chslaw. Last edit by Keats. Contributor trust: 1235 [recommend contributor]. Question popularity: 105 [recommend question]
Answers.com > Wiki Answers > Categories > Business and Finance > Personal Finance > Debt and Bankruptcy > Debt Collection > Debt Counselors and Consolidation > How do you choose the right debt consolidation company ensuring that you will not get ripped off?
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