Free Report Banner

Our Reviews Are Real

Helping People Since 2006

Over 69,500 People Helped

All Firms FTC Laws Compliant

Debt Settlement:

What is debt settlement?

Plain and simple debt settlement is a negotiation process. You may owe $20,000 to a creditor but through negotiations, you may be able to lower that to say $10,000.

Why would creditors take less than I owe?

In many cases they'd rather get some of their money back than none at all. With the threat of not getting any money they may write off a portion of the amount you owe as "bad debt" and settle with you.

Can anyone do this?

Debt settlement is most common with credit card debt. Every situation is different and every creditor handles debt settlement negotiations differently so it really depends on your specific situation - who your creditors are, if you've missed payments, the amount of debt you have, even the state you live in. All those factors come into play to see if you qualify. This is why debt settlement companies offer a free consultation and will need to speak with you on the phone before you can enroll in their program.

Can I settle my own debts?

You can try. However, it is difficult as you need to deal with a myriad of red tape and departments at the large banks who are likely your creditors. Debt settlement companies exist because they know how the system works and have relationships inside the banks with the key people who decide which debts will be settled. You also benefit from the fact that debt settlement companies dela in volume so the banks are more likely to negotiate with them simply because the amount of debts they control can be so large once they aggregate all their clients.

What are the consequences?

There are drawbacks to debt settlement which you must consider. Most importantly understand that your credit score will be damaged while you are in the program and there may be tax consequences as the IRS might consider your saving as income. Be sure to discuss this with your debt settlement company and your tax advisor.

Processing.

X

Privacy:

This Privacy Policy covers what we do with any personal information you may submit, as well as any other information that we may gather when you access our website.

Please note that our policies and procedures apply only to this website owned by us and not to websites maintained by other companies or to any website to which we may link or businesses with which we may share information.

Personal information is any information that you provide to us that identifies you, personally, or that can be associated with you. Examples of personal information that will be collected on our site include your name, your address, your e-mail address, your phone number.

We collect and use personal information in order to respond to your requests for services offered through our website and those of our business partners. We also collect personal and other information in order to make you aware of products and/or services that are likely to be of interest to you.

We collect and maintain the information you provide to us whenever you visit our website(s), such as:

  • Any information you provide to us when you request a quote, more information, or a service. This includes your contact information, your name, and additional information such as the amount of your current unsecured debt.
  • Information, such as your e-mail address, that you provide to us when you register to receive communications from us or when you communicate with us, or otherwise correspond with us.

We also collect other, non-personal information, which is broadly defined as any information that is not and cannot be directly associated with you. An example of this type of non-personal information would be your state of residence. We use the personal information you supply to us, or that you authorize us to obtain, to provide to you the service(s) or product(s) that you request. We may also use your personal and other information to enhance your experience on our website(s) by displaying content based on your preferences and/or to send information to you about additional products or services in which you may be interested.

If you submit a request for information or a quote, we will share the personal and other information you supply (such as your name, email, zip code, debt amounts etc.) with those product and service providers that have agreed to participate in our network. Generally, these are debt relief solution providers who are prohibited from using the information we provide to them for any other purpose, including using your information for other, unrelated marketing purposes.

By submitting your request you are consenting to being contacted by us or by our business partners through any means, based on the information you provide to us, even if you have opted into the National Do Not Call List administered by the Federal Trade Commission, any state Do Not Call List or the Do Not Call List of any specific institution. If, after you are contacted by that product or service provider, you do not wish to be contacted by that person again you must make a specific request to the service provider.

We may be required to share your information with law enforcement or government agencies in response to subpoenas, court orders or other forms of legal process. We may elect to share information when, in our reasonable judgment, such sharing is necessary or appropriate for the investigation or prevention of illegal activities, including actual or suspected fraud, real or potential threats to the physical safety of any person or otherwise as required by law.

In addition, if we are merged with, or acquired by, another company the successor company will have access to all of the information collected and maintained by us. In such a circumstance, the successor company would continue to be bound by the terms and conditions of this Privacy Policy. You will be notified via email and/or a prominent notice on our Web site of any change in ownership or uses of your personal information, as well as any choices you may have regarding your personal information.

We collect certain types of non-personal information and technical data from each visitor to our website(s). For example, when you click on a banner advertisement or text link that is associated with one of our websites, the banner or text placement, along with the time of your visit, your Internet Protocol address and other path-related information, is sent to us. Similarly, the page requests you make when you visit our website(s) are stored and used by us. We use this information, none of which is or can be personally associated with you, for statistical and analytic purposes, to help us understand which page views are most appealing to our customers and to help us improve the likelihood that we will be able to offer you only products or services in which you have a genuine interest.

"Cookies" are small files that are placed automatically on your computer system when you visit a website. Cookies enable a website to recognize you as a return visitor and, by keeping track of your website activity, help us identify which pages to serve to you while reducing the time it takes for those pages to load. Cookies enable us to personalize and enrich your experience and are not tied in any way to your personal information. If you do not wish to accept cookies or if you wish to remove cookies that remain in your browser following the close of your browser session, you may adjust the settings on your web browser to prevent cookies from being placed on your hard drive.

The security of your personal information is a very high priority for us and we take a number of steps to safeguard it.

We use commercially reasonable physical and technical security measures to protect all personal information in our possession. We cannot, however, guarantee or warrant the absolute security of any system or that any information we hold will not be accessed, disclosed, altered or destroyed.

We may retain your information indefinitely although it would only be used within the specifications of this privacy policy. We will retain and use your information as necessary to comply with our legal obligations, resolve disputes, and enforce our agreements. Under certain circumstances, Federal and/or state law may require us to retain your personal information for different periods of time. Accordingly, we may not be able to delete or otherwise remove your personal information from our systems.

Yes, you may contact us to do so at anytime to remove or edit your information.

You can always elect not to provide personal information to us. If you wish to request that we no longer use your information to provide you services contact us at privacy@debtcompanyresearch.com. If you decide, at a later point in time, that you no longer want us to share your personal information with our business partners you may notify us either by sending us an e-mail: privacy@debtcompanyresearch.com

We have a strict "anti-spam" policy. You will not receive e-mails from us unless you submit your e-mail address to us. We do not permit any third-party e-mail service to send unsolicited e-mails — "spam" — to any person who has not previously given their permission to receive such communications to that third party e-mail service. If you wish to stop receiving future e-mails from a third-party e-mail service, we recommend you follow the opt-out instructions included in the e-mail. An "unsubscribe" link should appear within or at the top or bottom of any e-mail you receive.

If you submit a testimonial to us, we will ask for your permission to post your testimonial prior to any public use. We will post your name as given to us in your testimonial. We may post a photo of you or use a stock photo. Please be aware that any personally identifiable information you submit as a testimonial to be posted can be read, collected, or used by the general public, and could be used to send you unsolicited messages. We are not responsible for the personally identifiable information you choose to include in any testimonial you choose to submit. If at any time you decide to remove your testimonial, please contact us via e-mail or postal mail.

We do not knowingly collect, use or share personal information about visitors under 18 years of age. If you are under 18 years of age, you can use the products and/or services offered on our website(s) only in conjunction with your parents or guardians.

Terms:

The Agreement describes the terms and conditions applicable to your use of the Debt Company Research (DCR) Website. These terms may be updated by DCR from time to time without notice to you.

You must read and agree with all of the terms and conditions contained in these terms and the DCR Website privacy policy before you use the Service. If you do not agree to be bound by the terms and conditions of this Agreement, you may not use or access the Service.

1. What We Do. The DCR Website is a matching service that helps you find companies and counselors to assist you with financial needs. You understand and agree that if you submit a request for a service offered through the Website, DCR will share your personal information (such as your full name, state of residence, telephone number, email, and debt amount) with Providers in our provider network (referred to individually as "Provider" and collectively as "Providers") to process and fulfill your request about their services.

We carefully screen our providers and offer the opportunity to be on our site only to those we believe are trustworthy and reputable. Please understand the providers shown on this site are paying clients of ours. We have a marketing relationship with them and we may be compensated for providing your information as a lead or on a per client obtained basis. You acknowledge that DCR is not a party to any agreement that you may make with the Provider, and that the Provider is solely responsible for its services to you. You further acknowledge that DCR is not acting as your agent or broker and is not recommending any particular product or Provider to you. We offer our opinion and our research. The opinions about companies profiled on the DCR website are ours and we make no warranties, representations, or guarantees regarding the products or services provided by the 3rd party companies on the site. The opinions are opinions only and any user should do their own research prior to engaging the services of the companies profiled on DCR. Any compensation DCR may receive is paid by the individual Provider for services rendered by DCR to that particular Provider on a per lead, per sale or per phone contact basis. DCR does not charge you a fee to use the DCR Website. You understand that DCR does not endorse, warrant, or guarantee the products or services of any the Providers. We have done research on the companies mentioned on the site and have based our opinions on that research. You agree that DCR shall not be liable for any damages or costs of any type which arise out of or in connection with your use of the Provider's service.

By submitting your contact request, you are consenting to be contacted by the Provider either by telephone, email or mail based on the information you have provided to us, even if you have opted into the National Do Not Call List administered by the Federal Trade Commission, any state equivalent Do Not Call List, or the Do Not Call List of an internal company. You understand that the Provider may maintain the information you submitted to DCR whether you elect to use their services or not. In the event you no longer want to receive communications from a Provider, you agree to notify the Provider directly. You also give DCR permission to send you periodic updates on behalf of the Provider which may be of interest to you.

2. Uses of the DCR Website and Service. You certify to DCR that: (i) you are at least eighteen (18) years of age; (ii) you assume full responsibility for the use of the Service by any minors; (iii) you agree that all information you have submitted to DCR, online or otherwise, is accurate and complete, and that you have not knowingly submitted false information on or through the DCR Website or Service; and, (iv) your use of the Service is subject to all applicable federal, state, and local laws and regulations.

3. Prohibited. You must not (i) submit, transmit or facilitate the distribution of information or content that is harmful, abusive, racially or ethnically offensive, vulgar, sexually explicit, defamatory, infringing, invasive of personal privacy or publicity rights, or in a reasonable person's view, objectionable; (ii) submit, transmit, promote or distribute information or content that is illegal; (iii) attempt to interfere with, compromise the system integrity or security or decipher any transmissions to or from the servers running the Service; (iv) take any action that imposes, or may impose at our sole discretion an unreasonable or disproportionately large load on our infrastructure; (v) upload invalid data, viruses, worms, or other software agents through the Service; (vi) use any robot, spider, scraper or other automated access the Service for any purpose without our express written permission; (vii) impersonate another person or otherwise misrepresent your affiliation with a person or entity, conduct fraud, hide or attempt to hide your identity; (viii) submit, upload, post, email, transmit or otherwise make available any information or content that you do not have a right to make available under any law or under contractual or fiduciary relationships; (ix) interfere with the proper working of the Service; or, (x) bypass the measures we may use to prevent or restrict access to the Service.

4. Privacy. DCR respects your privacy. Personal information submitted in connection with the Service is subject to our Privacy Policy.

5. Copyright and Trademark Notice Info. All contents of the DCR Website are: Copyright © 2013 — DCR and/or its Providers and third party vendors. All rights reserved. All trademarks and service marks and other DCR logos, Provider logos, and product service names are trademarks of DCR ("DCR Marks") and the Providers. Without DCR prior permission, you agree not to display or use in any manner, the DCR Marks. All other logos or brand names shown on the Service are trademarks of their respective owners and/or licensors.

6. Proprietary Rights. You acknowledge and agree that the Service and any necessary software used in connection with the Service ("Software") contain proprietary and confidential information that is protected by applicable intellectual property and other laws. You further agree that all materials and/or content, including, but not limited to, articles, artwork, screen shots, graphics, logos, text, drawings and other files on the DCR Website or as part of the Service are copyrights, trademarks, service marks, patents or other proprietary rights of DCR or their respective intellectual property owners. Except as expressly authorized by DCR, you agree not to modify, copy, reproduce, sell, distribute or create derivative works based on or contained within the Service or the Software, in whole or in part.

DCR grants you a personal, non-transferable and non-exclusive right and license to use the code of its Software on a single computer; provided that you do not copy, modify, create a derivative work of, reserve engineer, decompile, reverse assemble or otherwise attempt to discover any source code, sell, assign, sublicense, grant a security interest in or otherwise transfer any right in the Software. You agree not to modify the Software in any manner or form, or to use modified versions of the Software, including, without limitation, for the purpose of obtaining unauthorized access to the Service by any means other than through the interface that is provided by DCR for use in accessing the Service.

7. Site Links. DCR, through the Service or otherwise, may provide links to other websites. Because DCR has no control over such websites, you acknowledge and agree that DCR is not responsible for the availability of such external websites, and does not endorse and is not responsible or liable for any content, advertising, products or other materials on or available from such websites. You further acknowledge and agree that DCR shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any such content, products, goods or services available on or through any such website.

8. Indemnification. You agree to indemnify and hold DCR, its subsidiaries, affiliates, agents, shareholders, officers, contractors, vendors and employees harmless from any claim or demand, including reasonable attorneys' fees, made by any third party due to or arising out of your use of the Service, the violation of the Agreement by you, or the infringement by you, or any other user of the Service using your computer, of any intellectual property or other right of any person or entity. DCR reserves the right, at its own expense, to assume the exclusive defense and control of any matter otherwise subject to indemnification by you.

9. No Warranty. DCR PROVIDES THE SERVICE "AS IS," "WITH ALL FAULTS" AND "AS AVAILABLE," AND THE ENTIRE RISK AS TO SATISFACTORY QUALITY, PERFORMANCE, ACCURANCY, AND EFFORT IS WITH YOU. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, DCR MAKES NO REPRESENTATIONS, WARRANTIES OR CONDITIONS, EXPRESS OR IMPLIED. DCR DISCLAIMS ANY AND ALL WARRANTIES OR CONDITIONS, EXPRESS, STATUTORY AND IMPLIED, INCLUDING WITHOUT LIMITATION: (i) WARRANTIES OR CONDITIONS OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, WORKMANLIKE EFFORT, ACCURACY, TITLE, QUIET ENJOYMENT, NO ENCUMBRANCES, NO LIENS AND NON-INFRINGEMENT; (ii) WARRANTIES OR CONDITIONS ARISING THROUGH COURSE OF DEALING OR USAGE OF TRADE; AND, (iii) WARRANTIES OR CONDITIONS THAT ACCESS TO OR USE OF THE SERVICE WILL BE UNINTERRUPTED OR ERROR-FREE. THERE ARE NO WARRANTIES THAT EXTEND BEYOND THE FACE OF THIS AGREEMENT.

10. Limitation of Liability. IN NO EVENT WILL DCR BE LIABLE FOR ANY DAMAGES, INCLUDING WITHOUT LIMITATION ANY INDIRECT, CONSEQUENTIAL, SPECIAL, INCIDENTAL, OR PUNITIVE DAMAGES ARISING OUT OF, BASED ON, OR RESULTING FROM THIS AGREEMENT OR YOUR USE OF THE SERVICE, EVEN IF DCR HAS BEEN ADVISED OF THE POSSIBLITY OF SUCH DAMAGES. THESE LIMITATIONS AND EXCLUSIONS APPLY WITHOUT REGARD TO WHETHER THE DAMAGES ARISE FROM (1) BREACH OF CONTRACT, (2) BREACH OF WARRANTY, (3) STRICT LIABILITY, (4) TORT, (5) NEGLIGENCE, OR (6) ANY OTHER CAUSE OF ACTION, TO THE EXTENT SUCH EXCLUSION AND LIMITATIONS ARE NOT PROHIBITED BY APPLICABLE LAW. IF YOU ARE DISSATISFIED WITH THE SERVICE, YOU DO NOT AGREE WITH ANY PART OF THIS AGREEMENT, OR HAVE ANY OTHER DISPUTE OR CLAIM WITH OR AGAINST DCR WITH RESPECT THIS AGREEMENT OR THE SERVICE, THEN YOUR SOLE AND EXCLUSIVE REMEDY IS TO DISCONTINUE USING THE SERVICE.

11. Release. YOU HEREBY AGREE TO RELEASE, REMISE AND FOREVER DISCHARGE DCR AND ITS AFFILLIATES, PARTNERS, SERVICE PROVIDERS, VENDORS, AND CONTRCTORS AND EACH OF THEIR RESPECTIVE AGENTS, DIRECTORS, OFFICERS, EMPLOYEES, AND ALL OTHER RELATED PERSONS OR ENTITIES FROM ANY AND ALL MANNER OF RIGHTS, CLAIMS, COMPLAINTS, DEMANDS, CAUSES OF ACTION, PROCEEDINGS, LIABLITIES, OBLIGATIONS, LEGAL FEES, COSTS, AND DISBURSEMENTS OF ANY NATURE WHATSOEVER, WHETHER KNOWN OR UNKNOWN, WHICH NOW OR HEREAFTER ARISE FROM, RELATE TO, OR ARE CONNECTED WITH YOUR USE OF THE SERVICE.

12. Notice. DCR may provide you with notices, including those regarding changes to the Agreement by posting on this Service.

13. Termination. You agree that DCR may, under certain circumstances and without prior notice, immediately terminate your access to the Service. Cause for such termination shall include, but not be limited to: (i) breaches or violations of the Agreement or other incorporated agreements or the Privacy Policy; (ii) requests by law enforcement or other government agencies; (iii) discontinuance or material modification to the Service (or any part thereof); and (iv) unexpected technical or security issues or problems. You agree that all terminations for cause shall be made in DCR's sole discretion and that DCR shall not be liable to you or any third party for any termination or access to the Service.

14. Dealings with Third Parties. Your correspondence or business dealings with any third parties as a result of your visit and participation in the Service or any other terms, conditions, warranties, representations associated with such dealings, are solely between you and such third party. You agree that DCR shall not be responsible or liable for any loss or damage of any sort incurred as the result of any such dealings or as the result of the presence of such third party on the Service.

15. Disputes. This Agreement will be interpreted in accordance with the laws of the State of California, without regard to the conflicts of laws principles thereof. The parties agree that any and all disputes, claims or controversies arising out of or relating to the Agreement, its interpretation, performance, or breach, that are not resolved by informal negotiation within 30 days (or any mutually agreed extension of time), shall be submitted to final and binding arbitration before a single arbitrator of the American Arbitration Association ("AAA") in San Diego, California, or its successor. Either party may commence the arbitration process called for herein by submitting a written demand for arbitration with the AAA, and providing a copy to the other party. The arbitration will be conducted in accordance with the provisions of the AAA's Commercial Dispute Resolutions Procedures in effect at the time of submission of the demand for arbitration. The costs of arbitration plus reasonable attorneys' fees (including fees for the value of services provided by in house counsel) shall be awarded to the prevailing party in such arbitration. Judgment on the award rendered by the arbitrator may be entered in the Superior Court of California, County of San Diego. Notwithstanding the foregoing, the following shall not be subject to arbitration and may be adjudicated only in the Superior Court of California, County of San Diego: (i) any dispute, controversy, or claim relating to or contesting the validity of DCR's proprietary rights, including without limitation, trademarks, service marks, copyrights, or trade secrets; or, (ii) an action by a party for temporary, preliminary, or permanent injunctive relief, whether prohibitive or mandatory, or provisional relief such as writs of attachments or possession.

THE PARTIES AGREE THAT THIS AGREEMENT HAS BEEN ENTERED INTO AT DCR'S PLACE OF BUSINESS IN THE COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, AND ANY ARBITRATION, LEGAL ACTION OR PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT MUST BE COMMENCED AND TAKE PLACE IN THE COUNTY OF SAN DIEGO, STATE OF CALIFORNIA.

16. Modification to Service. DCR reserves the right at any time and from time to time to modify or discontinue, temporarily or permanently, the Service (or any part thereof) with or without notice. You agree that DCR shall not be liable to you or to any third party for any modification, suspension or discontinuance of the Service.

17. Waiver and Severability of Terms. The failure of DCR to exercise or enforce any right or provision of the Agreement shall not constitute a waiver of such right or provision. If any provision of the Agreement is found by a court of competent jurisdiction to be invalid, the parties nevertheless agree that the court should endeavor to give effect to the parties' intentions as reflected in the provision, and the other provisions of the Agreement remain in full force and effect.

18. Disclosure of Your Information. You acknowledge, consent and agree that DCR may access, preserve, and disclose the information we collect about you if required to do so by law or in good faith belief that such access preservation or disclosure is reasonably necessary to: (i) comply with legal process; (ii) enforce the Agreement; (iii) respond to claims that any information or content violated the rights of the third parties; (iv) respond to your requests for customer service; or (v) protect the rights, property, or personal safety of DCR, its users and the public.

19. Entire Agreement. The Agreement constitutes the entire agreement between you and DCR and governs your use of the Service, superseding any prior agreements between you and DCR. You also may be subject to additional terms and conditions that may apply when you use or purchase certain when you use certain other DCR services, affiliate services, third party content or third party software.

20. Survival. The following paragraphs shall survive termination or your refusal to continue to use the Service: 4, 5, 6, 8, 9, 10, 11, and 15.

21. Statute of Limitations. YOU AGREE THAT REGARDLESS OF ANY STATUTE OR LAW TO THE CONTRARY, ANY CLAIM OR CAUSE OF ACTION ARISING OUT OF RELATED TO USE OF THE SERVICE OR THE AGREEMENT MUST BE FILED WITHIN ONE (1) YEAR AFTER SUCH CLAIM OR CAUSE OF ACTION AROSE OR BE FOREVER BARRED.