Posted on
July 28, 2009
at
1:25 am
Hello, would you know if there's a difference between debt advice companies in California and the rest of the country?
Posted on
July 28, 2009
at
1:39 am
There is a difference! I'm just not sure if it applies to debt advice companies - credit counseling --but for debt settlement companies there is the Debt Settlement Services Act. It obligates debt settlement companies to provide the consumers with a detailed financial analysis, an estimate of the fees and charges, an estimate of the program length--basically the settlement companies must provide a full disclosure of their services in their contract.
Posted on
July 28, 2009
at
1:41 am
If the customer wants to cancel the service or break the contract with the debt advice company?
Posted on
July 28, 2009
at
2:39 am
They can cancel the agreement, and ask the full amount back- if it has only been five days since they've signed the contact. After that, they cannot.
Posted on
July 28, 2009
at
2:41 am
What other laws about debt advice companies are local to California?
Posted on
July 28, 2009
at
3:23 am
I can only recall California's law on collections. That when a consumer has sent the debt collector a cease and desist letter, the collection calls must stop...and that it also extends to the original creditors.
Posted on
July 28, 2009
at
3:33 am
If somebody is going to advice bankruptcy as a debt relief option in California -then it would be good to know that California offers two kinds of property exemptions to its residence. I'm not a bankruptcy lawyer, so you might want to check with a bankruptcy attorney with regards to property exemptions.
Posted on
October 20, 2009
at
4:57 am
Debt advice companies in California...There should be. When you say debt advice you must mean credit counseling agencies and/or debt settlement companies.
Posted on
October 20, 2009
at
5:02 am
Debt advice companies in California - Debt advice for Californians instead with regards to SoL-What's unique in the state of California in terms of collections is the statute of limitations. Most of the other states have 6 years SoL while California only has 4 years.
