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Debt Settlement Law

Debt settlement is an industry that has traditionally not been heavily regulated. Therefore, many consumers were unfortunately taken advantage of by unscrupulous individuals in the debt settlement industry. It has been unclear as to what organization should be regulating the debt settlement industry. Attorney Generals of individual states have differed in their approaches to protect their citizens. This has caused a confusing network of rules and regulations that often leave the consumer vulnerable to unregulated and untrustworthy debt settlement companies.

The Federal Trade Commission (FTC) has proposed a set of new regulations that will allow the FTC to better more uniformly govern the debt settlement industry. The new FTC rules require that no fees be paid until debt settlement services have been performed. This philosophy is precisely the cornerstone of the PAYS® debt settlement model. This assures our clients that they will receive the services they enlist us to execute. PAYS is in full compliance with all state and federal regulations.

Pay as You Settle® (PAYS) is the nation’s leading pay as you go debt settlement program. If you’re going to choose debt settlement as an option, we know that you will discover that PAYS is absolutely the best choice in the debt settlement industry.

Learn more by calling us today at 1-866-761-1227.