{"id":2957,"date":"2019-01-11T14:28:52","date_gmt":"2019-01-11T14:28:52","guid":{"rendered":"https:\/\/phoenixfreshstartbankruptcy.com\/?p=2957"},"modified":"2019-01-11T14:28:52","modified_gmt":"2019-01-11T14:28:52","slug":"is-my-debt-in-bad-company","status":"publish","type":"post","link":"https:\/\/phoenixfreshstartbankruptcy.com\/is-my-debt-in-bad-company\/","title":{"rendered":"Is my Debt in Bad Company?"},"content":{"rendered":"<p>Debt collectors and debt buyers are not the only companies in the debt collection sector scamming hapless victims. Following are examples of other dubious companies out to pull the rug from under you.<\/p>\n<p>It is best to seek the advice of one of the best bankruptcy attorney in Arizona. Our lawyers at Phoenix Fresh Start Bankruptcy may be able to help you avoid being trapped in these scams.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"1_The_Debt_Settlement_Companies_That_Want_You_to_Pay_a_Different_Account_but_Not_the_Creditor\"><\/span>1) The Debt Settlement Companies That Want You to Pay a Different Account but Not the Creditor.<span class=\"ez-toc-section-end\"><\/span><\/h3><div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<label for=\"ez-toc-cssicon-toggle-item-662d24a01b747\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-662d24a01b747\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/phoenixfreshstartbankruptcy.com\/is-my-debt-in-bad-company\/#1_The_Debt_Settlement_Companies_That_Want_You_to_Pay_a_Different_Account_but_Not_the_Creditor\" title=\"1) The Debt Settlement Companies That Want You to Pay a Different Account but Not the Creditor.\">1) The Debt Settlement Companies That Want You to Pay a Different Account but Not the Creditor.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/phoenixfreshstartbankruptcy.com\/is-my-debt-in-bad-company\/#2_The_Debt_Elimination_Companies_That_Will_Inform_You_How_to_Resolve_Your_Debt_%E2%80%A6_For_a_Fee\" title=\"2) The Debt Elimination Companies That Will Inform You How to Resolve Your Debt &#8230; For a Fee.\">2) The Debt Elimination Companies That Will Inform You How to Resolve Your Debt &#8230; For a Fee.<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/phoenixfreshstartbankruptcy.com\/is-my-debt-in-bad-company\/#3_Various_Other_Rip-offs\" title=\"3) Various Other Rip-offs\">3) Various Other Rip-offs<\/a><\/li><\/ul><\/nav><\/div>\n\n<p>These businesses take fees beforehand as well as a percentage of each payment. Afterward, they hold those charges in an account till they get to a point where the creditor is willing to exercise a settlement with them. The only trouble is that their charges are generally so high that the consumer never acquires enough cash. Creditors never really get paid what is allegedly owed to them, and their debtor stays in the red. The only team that prevails in this fraud are the debt settlement firms.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"2_The_Debt_Elimination_Companies_That_Will_Inform_You_How_to_Resolve_Your_Debt_%E2%80%A6_For_a_Fee\"><\/span>2) The Debt Elimination Companies That Will Inform You How to Resolve Your Debt &#8230; For a Fee.<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>These kinds of businesses guarantee information on how to eliminate financial debt. Some supply different tools, such as a &#8220;bond for the discharge of debt&#8221; or a &#8220;redemption certificate&#8221; that the debtor is to provide to the creditor. You might as well hand the creditor a blank piece of paper since those bonds and certificates are useless and utilizing them may be a felony.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"3_Various_Other_Rip-offs\"><\/span>3) Various Other Rip-offs<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Those frauds including debt consolidation and home equity loans, payday and auto title loans usually do nothing but drown the consumer deeper right into debt. They are not a remedy. That being said, those who manage their monies suitably can find a benefit in payday loan companies. This is specifically real of subcontractors who typically have to pay their employees cash at the end of the week.<\/p>\n<p>Lastly, every one of these &#8220;<a href=\"https:\/\/phoenixfreshstartbankruptcy.com\/best-phoenix-bankruptcy-attorneys\/free-credit-repair\/\"><u>credit repai<\/u><\/a>r&#8221; businesses advertising their services on social media, particularly on Facebook, may be violating the <a href=\"https:\/\/www.ftc.gov\/enforcement\/statutes\/credit-repair-organizations-act\" target=\"_blank\" rel=\"noopener\"><u>Credit Repair Organizations Act<\/u><\/a>\u00a0(CROA). If anybody assures you that she or he will certainly decrease your financial debt, and then he or she requests payment beforehand, avoid at all costs. Besides reputable non-profit companies, no credit company or even a credit attorney is allowed to charge fees before the job required is completed.<\/p>\n<p>Do not fall for these traps. Call our experienced <a href=\"https:\/\/phoenixfreshstartbankruptcy.com\"><u>bankruptcy lawyers<\/u><\/a>\u00a0at Phoenix Fresh Bankruptcy for a free initial consultation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Debt collectors and debt buyers are not the only companies in the debt collection sector scamming hapless victims. Following are examples of other dubious companies out to pull the rug from under you. It is best to seek the advice of one of the best bankruptcy attorney in Arizona. Our lawyers at Phoenix Fresh Start Bankruptcy may be able to help you avoid being trapped in these scams. 1) The Debt Settlement Companies That Want You to Pay a Different [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2836,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[838],"tags":[1071,1069,1070,1072],"_links":{"self":[{"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/posts\/2957"}],"collection":[{"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/comments?post=2957"}],"version-history":[{"count":0,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/posts\/2957\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/media\/2836"}],"wp:attachment":[{"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/media?parent=2957"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/categories?post=2957"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/phoenixfreshstartbankruptcy.com\/wp-json\/wp\/v2\/tags?post=2957"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}