Vance P. Truman, Attorney at Law
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Is there a way to spot a debt relief scam?

Insurmountable debt is a huge problem for many Ohio residents. Unfortunately, a large number of unscrupulous individuals are poised to take advantage of those looking to get a handle on their debt. Debt relief scams victimize uncountable state residents each year, leaving them even more devastated than they already were.

Fortunately, you can learn to spot the signs of a debt relief or consolidation scam. Armed with just a little knowledge, you can avoid victimization and carry on with your efforts to pay down your debt. Common signs of a scam include the following.

  • Upfront fees: No reputable debt relief company will ask you to pay associated fees upfront. If you make contact with any person or company that asks for fees before they have helped you, it is likely a scam.
  • Guarantees: There are no guarantees when it comes to eliminating or even reducing debt. Any agency or individual who guarantees that they can get rid of your debt within a certain amount of time is not telling you the truth.
  • Nondisclosure: An honorable and honest debt relief agency is eager to share information with you about its services and its track record. If an agency will not disclose this information openly and at no cost to you, then you are probably dealing with a scam.

While many legitimate debt relief agencies do exist, it is wise to engage in thorough research before you deal with such an agency. Alternatively, you can partner with a reputable attorney to explore all of the debt relief options at your disposal. This knowledgeable guidance can help you avoid a scam while addressing your debt responsibly.

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Medina, OH 44256

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