Considering Debt Settlement? NYT Article

by Jeena Cho on June 24, 2010

Peddling Relief, Firms Put Debtors in Deeper Hole

NY Times, By PETER S. GOODMAN

PALM BEACH, Fla. — For the companies that promise relief to Americans confronting swelling credit card balances, these are days of lucrative opportunity.

State attorneys general from New York to California and consumer watchdogs like the Better Business Bureau say the industry’s proceeds come at the direct expense of financially troubled Americans who are being fleeced of their last dollars with dubious promises.

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