Debt Settlement Scams And The FTC

New FTC Law Enforced to Control Debt Settlement Scams

Debt has become a serious issue in the face of global economic meltdown. Presently people are submerged into the sea of debt, so the established debt settlement companies are trying to anchor them down. With the rise in debt relief programs, the market has also gauged a steady growth in the scam companies. These fraudulent companies are targeting the vulnerable debtors. Then how is it possible to believe the settlement firms? These companies are tricking the debt stricken people on the basis of providing debt relief help to them. So, the Federal Trade Commission (FTC) has been forced to implement new laws to protect the consumers from the malpractices of the fake debt settlement companies. According to the new law, the settlement companies are prohibited from taking up front fee unless they start the proceeding. The debt settlement companies have been asked to provide detailed information and maintain transparency while dealing with the clients. A written agreement of the settlement deal is required to be produced before the clients. This settlement agreement should bear the signature of the creditor as a sign of approval. Strict legal actions can be taken against the company if they fail to follow the guidelines set by the FTC. FTC has already penalized numerous debt settlement scam companies for attempting to dupe consumers. Hence, it can be expected that the new FTC law will protect the consumers the find a reliable debt settlement company to wipe out debts encumbrances from their lives successfully.

IDS Attorney Based Debt Consulting

- Attorney Based Debt Consulting Program -

International Debt Solutions seek to provide debt relief to help you break free of your debt burden. We are committed to providing the highest degree of quality and ethical service to our clients during the debt relief program that best suits your needs. Our experienced staff takes great pride in helping individuals and families turn their grim financial situations into fresh starts. Our Customer service Center administrating our debt relief programs have saved millions of dollars for commercial and consumer debtors. Our services provide you with immediate and practical debt relief from creditors and the anxiety associated with debt problems.

When you call for a free consultation, you will speak with a Debt Counselor who has been trained by and is working under the specific instructions of lawyers experienced in Bankruptcy and Debt Resolution, who will let you know your alternatives and the advantages and disadvantages of each. Questions? Free Consultation 888 466-1779.

Attorney Based Debt Resolution

Negotiable debt includes:

• Credit card debt
• IRS/Taxes
• Business Debt (for defunct businesses)
• Department Store Cards
• Medical/Hospital Bills in Collections
• Unsecured Lines of Credit
• Repossessed Car & Lease Balance
• Oil/Gas Cards
• Judgments (6 months or older)
• Abandoned timeshares
• Credit Unions (no longer a member)

Non-Negotiable debt includes:

• Student Loans
• Mortgages/Home Equity Lines
• Car/Motorcycle Loans
• Secured bank Loans
• Military Cards
• Overdraft Accounts
• Casino Debt
• Check Cashing/ Payday Loans
• Back Rent

Debt Problems? 888 466-1779

Times are tough and we understand. Falling behind on credit card payments, you can quickly find yourself buried under high late fees and compounding interest charges, as well as harassing phone calls. People have lost their homes to foreclosure, cars have been repossessed and lives have been subject to financial ruin. Hence, International Debt Solutions was created solely to assist populations throughout the globe to achieve their financial goals safely and efficiently. IDS holds the answer to your Debt problems. Questions? Call IDS (888) 466-1779

About IDS

International Debt Solutions was founded by a select group of individuals with over 20 combined years of various financial and law experience with several Fortune 500 companies. By working with thousands of customers throughout their careers, and researching the increasing global consumer debt crisis, they decided to join forces to provide a unique service. After many heated debates on how to proceed and research which spanned over two years they became the company known today. Serving North Carolina.

Our Mission

Our mission is to reduce consumer debt internationally starting with you, the individual by providing a cost-effective solution to reduce your debt. Our strategies are simple: we offer you a solution to manage your current debt condition and rebuild your credit. With your best interests at heart, we will do everything we can to help you change your current financial situation. Gone will be the nights you spend worrying about how you will pay your bills. You'll finally find yourself sleeping peacefully. We are dedicated to assist in restoring our global economic stability, by helping one family at a time get back on their feet in around the world. Serving Raleigh, Greensboro, Winston-Salem, and Durham.

Experienced Staff

Our staff has many years of experience in the fields of finance, banking, legal, collections and debt resolution. We are professionals that will exceed your expectations and stand out in the debt consulting industry. Our goal is to help citizens across the globe reduce their debt and rebuild their financial outlook. The place to call for Debt Reductions.