If you find yourself in need of financial relief in today’s economy, there are, thankfully, many debt relief programs available for one seeking a little help in stabilizing their financial life.The most important question, however, for many is: How do I find the BEST company for my debt relief?
Below are some questions that you can ask to determine if you are dealing with the best debt relief company for your needs:
- Do You Feel Rushed by the company’s representative?
A debt relief representative should never rush you to sign up for their program. Their job is to be thorough and make sure that what they have to offer is best for you. Do not make any hasty decisions under the coercion of a company! That is a very telling clue that their program will not be the best choice for you.
-Is the debt relief program government-registered?
In this day and time, there are some who will capitalize off of people’s distress and pocket a client’s money without rendering any services. Tales of counterfeit “fly-by-night” companies are on the rise. If you are using an attorney, check the State Bar Association’s official website of your state and see if your potential debt settlement attorney is licensed. If not using an attorney, make sure fees aren’t collected until services are rendered, meaning performed which is FTC, Federal Trade Commission, guidelines.
- What is the program’s track record?
Even if the attorney is licensed, it does not guarantee them to do great work. You may have circumstances unique to the situation that could cause an inexperienced company to handle your affairs inadequately. See what others have to say about their work through Better Business Bureau’s (BBB) website.
-How Much Will it cost?
The amount that you are charged should correlate with the amount of debt owed, the amount of negotiation required from your attorney with your creditors, and how much money you have to give. If you find yourself dealing with a company that is beyond your budget, do not stretch yourself further than you already are stretched before contacting them just to work with them. There are others who will work with your budget.
Only you know all of the circumstances that will determine if you have found the right company to provide you debt relief. There is a good chance, however, that if the aforementioned questions are answered well by your potential company, it is a good chance that you have found the right place.