16 CFR Part 310 Telemarketing Sales Rule- Debt Relief Amendments #543670-00063

Submission Number:
543670-00063
Commenter:
Betty Godfrey
State:
TX
Initiative Name:
16 CFR Part 310 Telemarketing Sales Rule- Debt Relief Amendments
I recently completed a debt settlement program. My husband was out of work and we got behind on all of our bills almost losing our home. After much calling and trying to work with extremely rude collectors we were able to make arrangements with all but one company. We were hassled endlessly! I was able to get in touch with a settlement program and what a huge blessing it was for me and my family. I was able to pay the debt without the rude phone calls and threats.If I had not been able to use this program my credit would have continued to suffer, I would have had to file bankruptcy and the company would not have gotten the money that I was able to pay. The settlement company made monthly calls to check on me and constantly encouraged me the entire way. I am now able to begin to repair my credit and get my life back on track again. They debt settlement company is beneficial to people like myself as well as the companies that are trying to collect the debt.