How To Choose a Debt Management Company
and Not Get Burned In The Process (Part 1)

Can They Pass The Test For Debt Management Providers?
One debt solution being used, (or should I say, attempted to be used) by individuals straddled with debt, is the services of debt management companies. I say attempted to use, because many debtors are finding out the hard way, that a high percentage of these companies are simply not legitimate. Meaning they hang their shingles on the doors and on the Internet claiming to provide debt management services, but in reality, they are rip offs. How do you choose a debt management company and not get burned? The answer is simple put them through our debt management test for providers; if they don’t pass, move forward without them. If they pass, you’ve found a company you can work with. 

Be On The Look Out...
Choosing a debt management company to assist you in reviving your financial outlook is not something that should be taken lightly. The wrong company will easily plunge you further into debt and potentially into foreclosure or eviction. The right debt management company will help you get on track by providing a sound financial plan. What do you look for when choosing a debt management firm? I’ve devised a brief test you can use to determine if a company advertising debt management services is safe to deal with.

Debt Management Test #1
Do They Have Complaints Filed With The Better Business Bureau?
Your first order of the day is determining if a debt management company has complaints filed with the BBB. This is a simple process. You go to BBBOnline.org and click on “Consumer” and follow the instructions. You can also call the BBB in your city or region and ask for information about the debt management company you are considering. If they have no complaints, that’s a start, but don’t commit to them just yet. If they have complaints, this may be a good time to think about proceeding forward without them. 

Debt Management Test #2
Do They Have Complaints Filed With The FTC?
You may or may not know this, but the Federal Trade Commission, better known as the FTC, is the nation’s consumer protection agency. They collect complaints about companies, business practices, identity theft, and episodes of violence in the media. I can tell you that numerous debt counseling companies and debt management companies have been thwarted because swindled consumers filed complaints with the FTC. Search their database for the debt management company you are considering. If you have issues with using their advanced search feature, call them!

Debt Management Test #3
Do They Have Complaints Filed With Any State Attorney General?
If they are not a legitimate debt management company, chances are someone has filed a complaint with one of the state’s Attorney Generals. You may also want to talk to someone in the State's Attorney or Attorney General's office to see if the company has been the subject of any regulatory action.

Debt Management Test #4
Do They Have Complaints Filed With RipoffReport.com?
Ripoffreports.com was founded to help consumers warn other consumers about companies and individuals that were ripping others off. It has become a major force in getting the word out about unethical businesses, con artists, swindlers, shams and illegitimate companies. If you are concerned about being cheated, and you should be when it comes to choosing a debt management company, the Rip Off Report allows you to be armed with the opinions, comments and experiences of others so you can determine for yourself if you want to do business with a specific debt management company.

How To Choose a Debt Management Company and
Not Get Burned In The Process (Part 2)

Joel Marks has been helping people get out of debt and avoid both bankruptcy and foreclosure for over fifteen years. Utilizing savvy debt counseling, debt management programs, Federal laws and a team of attorneys, debt counselors and advisors, he has quietly assisted thousands come from under the heavy burden debt.

 Source: http://debterasure.com/