Legal Question in Credit and Debt Law in Texas

Paying Off Credit Card Debt

I hear alot of debt settlement companies lowering or reducing debt. Is this a good idea? May I do this myself without the company (middleman) Will my credit be worse after even though the debt is paid? Just curious


Asked on 1/01/08, 7:06 am

2 Answers from Attorneys
Jeffrey Brashear The Brashear Law Firm, PLLC

Re: Paying Off Credit Card Debt

Generally, my past clients have not used those businesses because they seem to take an extremely long time and some even resulted in problems that I had to clean up. You can always negotiate with anyone on your own, but having the assistance of an attorney may prove to be of a benefit to you. If my law firm can assist you with this legal matter or any other legal issue, please contact my legal assistant Jennifer ([email protected]).

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Answered on 1/02/08, 2:59 pm
TC Langford Langford Law Office

Re: Paying Off Credit Card Debt

I had two different clients use these companies with nightmare results. It took several years to negotiate the debts/judgments and undo some of the damage.

A better idea would be to negotiate yourself, or to use a nonprofit debt counselor -- call the BBB for a referral. Good luck.

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Answered on 1/02/08, 6:44 am


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