The phone calls are unrelenting. The demands are unreasonable. You simply cannot repay your debts according to the terms of your loans or credit card agreements. You don’t have the money to give. Yet, your creditors are demanding it right now. A debt settlement company has offered to help you, but can the company be trusted? Will a debt settlement company help make your future better?
Debt Settlement Companies are Unregulated and You Should Proceed with Caution
Currently, debt settlement companies are not regulated by the federal government. That means that there may be a significant difference in the fees charged and services provided by debt settlement companies in Minnesota and that you should be careful before doing business with such a company.
Additionally, you should watch for the following debt settlement problems that could arise:
Contact a Minneapolis Bankruptcy Lawyer For Help
A Minneapolis bankruptcy attorney will not only advise you of your bankruptcy rights, but will help you understand all of your different financial and legal options so that you can make the decisions that are right for you and your family. To learn more, please contact an experienced Minneapolis debt relief lawyer today at 952.388.2942 or 1.800.619.8991.