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Enter life settlement companies.
Most life settlement companies just send a check, to use for any purpose.
But with life settlement companies involved in drafting these laws, it's hard to feel entirely reassured.
Even debt collectors are upset, saying the settlement companies prevent them from collecting.
The diminishing effectiveness of nonprofit efforts created an opening for commercial settlement companies.
Long before making any attempt at a deal with creditors, the settlement companies take a fee.
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Is the debt settlement company you are considering accredited by United States Organizations for Bankruptcy Alternative - A Debt Negotiation Association USOBAA) or The Association of Settlement Companies (TASC) ?
For consumers who are truly interested in doing research to select a qualified Debt Settlement company, a great resource is The Association of Settlement Companies website.
Next month, new Federal Trade Commission rules for debt-settlement companies will begin going into effect.
Fees: The biggest change is that debt-settlement companies will be barred from collecting upfront fees.
Life-settlement companies have recruited three of Sacramento's premier lobbyists and hired at least one media-savvy public relations firm.
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CEO of Professional Science Editing for Scientists @ prosciediting.com