Anyone been requested to do a presentation for debt settlement?

Most of us avoid these like the plague. Usually, there’s some doc in there that says you ‘represent’ the co. Sometimes even as a paralegal. When it goes south for the signer…? You are the only face they saw. Besides, the deal is usually horrible and there’s lots of free help out there.

Story time: Long, long ago, when I was new and didn’t know better, I took one of these (that didn’t say I represented the co.) and the signer went ballistic BECAUSE he had responded to a phone call and claimed they said they could greatly reduce or eliminate his credit card debt. And, said “Sure, why not?” to them.

When he saw the contract’s cost (the real deal) he said to me “This is not what they said. Thought it would just make my cc debts disappear. Why would I not like that? But THIS is not what they told me. I have no problem paying my debts, so take your (note that ‘your’) contract and get out of my house!” That was my first and last debt relief signing!

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