Debt Settlement Article on MSNBC Red Tape Chronicles

Good Morning,

I read this article this morning and wanted to post a link to it.

Bob Sullivan, a Consumer Rights advocate and whistle blower on scams and internet fraud has written an article on one mans experience with a debt settlement service known as Debt Settlement USA.

Bob Sullivan - MSNBC AuthorI feel for the teacher who took the bait. He ended up being sued by his creditors and ultimately had to file for bankruptcy protection.

You can read the full story here by clicking on this link: Debt Settlement Scam

Remember, Debt Reduction Services is a federally recognized non profit organization that does not offer debt settlement services. We offer Credit Counseling, free financial education and budgeting advice.

DRS also offers bankruptcy services in regards to the pre and post filing process.

Remember that when you are seeking help with your finances it is important to do your homework. I took a look at Debt Reduction Services BBB (Better Business Bureau) rating and it is an A+. You can review the report by clicking here: Debt Reduction Services BBB Report.

I also looked at the company, Debt Settlement USA. You can review their BBB Report by clicking here: Debt Settlement USA BBB Report. The first thing that stands out is they are not BBB members, the next is their F rating.

I use this example because it is a good start for researching companies you may want to work with.

If you find this posting helpful pass it along.

Also, I want to think Mr. Bob Sullivan for his continued effort in helping consumers avoid scams by actively exposing companies.

If you have any questions, would like to discuss your financial challenges, or are just looking for advice, please call us at your convenience. As always, we are here to help and look forward to hearing from you.

1-877-OUT-DEBT (688-3328)

www.debtreductionservices.org

Debt Reduction Services and the National Financial Education Center
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