The Concept of “Debt Settlement” Scams

Save up to 70% on your debts?

… Going by many web advertisements and corresponding websites, there “seems” to be a better way of saving money on your bills – debt settlement. The idea is that these companies are able to reduce all your debts that aren’t tied to property by 50, 60, or 70%. Seems that the big creditors are willing to give these professional companies large reductions.

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