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Posted on July 30th, 2009 No comments
DEBT REMEDY SOLUTIONS
To Whom It May Concern:
My name is Linda. My financial downturn started with a layoff from a company I worked with for over 18 years and then another subsequent layoff 2 years later. It took me 6 months to find employment, making less than half my original income. My personal beliefs would not allow me to file for bankruptcy and therefore I worked on cutting all my expenses as much as possible and made a decision to go with a debt settlement company as a suggestion from a friend. I did not find the need for debt counseling as I felt budgeting my money and making plans for repayment was easy enough to do on my own.
The representative from Debt Remedy Solutions explained the process thoroughly and provided me with a spreadsheet that outlined my fees to them and the amount of money I would need to set aside each month to reach my repayment goal. One aspect of DRS that I liked was that the money I was putting aside for my repayment was to be put into my own bank account; another company I spoke to advised me that they held my money in escrow for me. This was ludicrous! Why would I allow someone else to make interest on the money I was saving and what would happen to my money if the company went out of business? This was a very big reason why I went with Debt Remedy Solutions. Also, my fax requests and phone calls were responded to in a prompt manner, their representatives were pleasant and helpful and my questions answered clearly.
I feel the fees charged by Debt Remedy Solutions were well worth it. They dealt with the negotiations and saved me, after their fees, at the time of settlement, $7,445.63. I don’t feel I could have done this on my own and am glad I left it to the professionals.
Needless to say, having this debt settled is a huge weight off of my shoulders and no longer having to deal with the stress of debt, I can now sleep at night.
Regards,
Linda D. Pompano Beach, FL
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