Genuine Debt Relief - Use Online Resources to Find the Best Debt Settlement Deal

You often get advice that you should check whether the settlement company is a member of The Association Of Settlement Companies or not. This body is a trade association that lobbies on behalf of settlement companies, sets up regulations and tries to improve performance and remove misconceptions related to settlement in the financial market.

How do you stand to gain by this knowledge? How can you be certain that a member of this Association will be a genuine company? Well, when you're negotiating with a member company, you can always insist that the fees must be paid in installments. This may sound like heresy. Is it not one of the biggest complaints against settlement companies that they charge all their fees up front?

Well, you may be surprised to find out that the Association guidelines state that the entire fees should be charged from the customer over a period of not less than half the settlement duration. Simply put, if your settlement deal is going to continue for the next twelve months, then the Company has no choice but to collect fees over a period of at least six months. If the company insists on full and complete payment of fees up front, then you can complain as it would be in violation of its guidelines.

This single rule is sufficient to remove the fear that the settlement company will run away with all your fees. The fees shall be distributed over half the duration of the settlement period. The payment shall be collected monthly. Of course, you always have the option of insisting that bulk of the fees should be paid only in the second half of the payment tenure.

Technicalities apart, you can avoid all instances where bulk of the fee is withdrawn in the initial period. If the company refuses such an arrangement, it probably is not a genuine company. What if the company is an honest and genuine non member? This is another clue. You can inquire why it has not obtained membership yet. You can easily find a list of service providers affiliated to the body. You can also find information about those firms situated in your state providing services to the people like you.

Rather than getting overwhelmed by the atmosphere of fear created by critics, you should think with a cool and calm mind and find the right solution to your problem of finding the right settlement company.

If you are over $10k in unsecured debt it would be financially prudent for you to consider a debt settlement. There are organizations that exist called "Free Debt Relief Networks" that are a great place to start in locating legitimate debt settlement companies in your region. They provide free debt help and know where to locate the top performing debt settlement firms. To get free debt help check out the link below: