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Pitfalls of Debt Settlement Companies

Knowledgeable and Trusted Ohio Bankruptcy Attorney

A debt settlement company seems like an ideal destination for those struggling with paying their bills. The promises in their commercials make the process seem easy without damaging your credit. The promises seem too good to be true.

In many cases, they are.

At the law office of Vance P. Truman, Attorney at Law, we work with Ohio residents to not only overcome the myths about bankruptcy, but also the benefits of protecting themselves through a Chapter 7 or Chapter 13 filing. Benefits that debt settlement companies simply cannot provide, no matter what they may claim.

The process that debt settlement companies use will not protect you from potential lawsuits from creditors. Chapter 7 or Chapter 13 bankruptcy will. Contact us at 330-441-4673.

Debt Settlement Companies Make Promises They Cannot Keep

Debt settlement companies will promise you that they will slash your high-interest debt by negotiating with your creditors. You make payments to them and they get to work. The problem is that work consists of negotiating with a creditor one at a time. Others that you owe can continue to pursue collection actions, lawsuits and judgments.

We Make Promises We Can Keep

Vance P. Truman, the founder of our Medina, Ohio-based firm, will not make promises he cannot keep. Debt settlement companies give creditors options. Having Mr. Truman file a bankruptcy on your behalf eliminates their options. Your rights are protected. No more harassing telephone calls and no chance of lawsuits or judgments.

Contact Us

For more information or to schedule an appointment with an experienced lawyer regarding the pitfalls of debt settlement companies and how bankruptcy can benefit you, please contact us.

We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.

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