Sometimes our personal bankruptcy clients used a debt management service prior to coming to our firm. There are many reasons to avoid using such services. However, the biggest reason to avoid paying these debt settlement companies is that you don’t need them. You can try to negotiate a reduced payment by speaking with the creditor yourself!

Even worse, many of these settlement programs will take money from you and fail to pay the creditors for which you are paying the settlement company. When you default on payment based on their failure to pay, the settlement company will try to negotiate the debt again.

If you’re worried about your financial situation, you should talk to an experienced bankruptcy lawyer. Debt settlement companies don’t have your best interests in mind. If you’re facing the specter of bankruptcy in Massachusetts, discuss you options with one of our Massachusetts bankruptcy lawyers today.

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3. Bankruptcy In Massachusetts: A Few Debts Bankruptcy Does Not Excuse
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5. Novi-based Cooper-Standard is closer to exiting bankruptcy – Oakland Press