Posted on December 15, 2009 at 1:25 am Hi, I heard something about a debt settlement company in Medford NY, where I'm at,  that's not to be trusted, would you know what the company name is? Also, how safe is it to settle a debt? Would I not end up losing more money?

Posted on December 15, 2009 at 2:45 am It probably has something to do with Robert Lovinger's "Debt Meltdown Program" - The FTC sued him and his wife, but they settled for $7million.

Posted on December 15, 2009 at 2:48 am What's the name of the company again? And what were they sued for? Are they out of business?

Posted on December 15, 2009 at 3:15 am Hi, I typed 'settle a debt' and then inputted medford ny at the bbb site and got these:Edge Solutions, Inc.-This business is not a BBB Accredited Business.-Business Name: Edge Solutions, Inc. Alliance Consumer Service Debt Settlement Company idebthelp.com Money Cares, Inc. PayHelp, Inc. www.Edgesolutions.com www.idebthelp.com www.mpneycares.com www.thedebtcenter.com

Posted on December 15, 2009 at 3:16 am More about Edge Solutions, Inc.-BBB processed a total of 7 complaint(s) about this business in the last 36 months,These complaints concerned:1 Billing or Collection Issues 4 Refund Or Exchange Issues 2 Service Issues 2 Administratively Judged Resolved

Posted on December 15, 2009 at 3:56 am Hi, are you looking for a settlement company? Clearly, there are better companies out there than Edge Solutions, Inc.To give you an idea as to what to look for in a settlement company:-The settlement company's program must have a fast completion time. 12-36 months.-The program must be able to protect and improve the consumer's credit standing.-Must be a member of the Better Business Bureau, BBB, for at least 5 years.-Must also have a good standing with the Chamber of Commerce-A Member of TASC - The Association Of Settlement Companies and the IAPDA or theInternational Association of Professional Debt Arbitrators

Posted on December 15, 2009 at 4:03 am You might be wondering why or how come there are a lot of scam companies out there - it's because the debt settlement industry is fairly new, and so it doesn't yet have an official regulating body.But as the above post stated, legitimate settlement companies do have associations and memberships, to ensure accountability, as well as quality.Those above guidelines though - do not guarantee success - you might have the best company out there, but if their program do not fit your situation, then it might not work. Incidentally, destroydebt.com offers a free initial debt consultation, if you'd like to get matched up to the right program/company, please feel free to fill out a form - it is free.

Posted on February 16, 2010 at 1:00 pm SettleADEbt is an attorney based Debt settlement firm located in Medford New York.Working solely as a true attorney based company, SettleADebt qualifies, edcuactes, helps prepare documentation, completes compliance calls and refers clients to qualified attorneys in 48 states for debt settlement.Since they do not negotiate debt but just educate clients on the programs they may be interested in they are a great choice for unbiased advice.

Posted on February 17, 2010 at 6:42 am Settle a debt Medford NY - since people are talking about an attorney based settlementcompany in here, my question is..how much do they charge for a straight up settlement?

Posted on March 1, 2010 at 11:44 am SettleADebt advertises and markets for back end processing companies and as such is not compensated directly by the clients.Settlements at 55% are composed of the debt settlement estimated at 30cents on the dollar and the attorneys fee at 25 cents on the dollar plus the bank wire and escrow fees charged by7 the bank. Normally $39.99 per month.