Posted on June 10, 2009 at 1:17 am Can anyone tell me which ones they are? I want to settle my debts at a quicker time frame, with less cost.Also, how do I know if I'll be working with a legitimate company or not?Many thanks for the help

Posted on June 10, 2009 at 1:52 am Which state are you located at? Here's a comprehensive list of the different agencies per state:http://www.debtconsolidationcare.com/companies/You need to scroll down to the Highest Rated Debt Consolidation/Settlement companies area. You'll see a comprehensive list there illustrating the different companies. They also have consumer ratings and reviews.

Posted on June 10, 2009 at 2:17 am Another way for you to find out what the "best" company is to check out the TASC website at http://www.tascsite.org. TASC stands for The Association of Debt Settlement Companies, and they function by reducing risk to their customers. They are a third party agency that gauge how capable and how comptent the company is. You also need to find out if they are certified and accredited by the International Association of Professional Debt Arbitrators. In doing so, they'll have a solid understanding on the laws in the debt settlement industry, and properly help you in getting you out of debt.

Posted on June 10, 2009 at 2:46 am Sapphire Trix, I see that you may be scouting for potential debt relief agencies that can help you with your situation. If you want to know how satisfied consumers are in reference to services rendered, I suggest you check out a company's rating with the Better Business Bureau. The listing can help you determine how efficient a company is, and you can also check if they have receive complaints or not. The BBB gives fair ratings to all businesses under them. If a company is listed with the BBB, I believe that is because they want to provide the utmost degree of service to their clients.

Posted on June 10, 2009 at 3:02 am Another way for you to find out if the company is really legit is to see if it belongs to the local Chamber of Commerce....and you also need to check if it belongs to the US Chamber of Commerce, too. This way, you'll know that they're out after your best interests.

Posted on June 10, 2009 at 3:21 am A legit company should also provide all agreements in writing, and if they do not ask for fees up-front. Most of the time these services are required to charge for the services only after the services have been rendered. And even if they claim to be non-profit they should not ask you for voluntary payments and such.

Posted on June 10, 2009 at 8:02 am I think Karess makes a good suggestion. After you do some research and compile a list of settlement companies that you are interested in, you should go to the BBB website (bbb.org) and check the profile for each company. I also know that recently the BBB has adjusted their grading system for debt settlement companies. Prior to the change, profiles would state that the company had a "satisfactory" or "unsatisfactory" rating. Not very helpful or informative if you ask me. Now, however, the BBB has implicated the standard A to F grading scale based on multiple factors. A much better system indeed! If you are having trouble finding a reputable debt settlement company, save yourself the time and fill out a form on DestroyDebt.Com to get matched up with a qualified provider.

Posted on June 10, 2009 at 5:04 pm I used (link removed) and they are pretty good. On my way to debt settlement with the creditors.

Posted on June 25, 2009 at 8:16 am Once I figure out what the best debt settlement company is for me, what should I expect in terms of the fees that they will charge me?

Posted on June 25, 2009 at 12:35 pm You can expect one of two fee structures: 1) 15% of your total debt amount spread out over a period of 1-1.5 years. This seems to be the industry average. 2) 20-25% of whatever your debt is settled for. There may be other fee structures out there but these are the most common. If you need me to address how exactly the fees work in greater detail just let me know.