16 CFR Part 310 Telemarketing Sales Rule- Debt Relief Amendments #543670-00092

Submission Number:
Mrs. Kimberly Hirschy
Initiative Name:
16 CFR Part 310 Telemarketing Sales Rule- Debt Relief Amendments
KIM HIRSCHY October 2, 2009 Federal Trade Commission Office Secretary, Room H-135 (Annex T) 600 Pennsylvania Ave, NW Washington, DC 20580 Dear FTC, I understand you are trying to put stricter regulations on settlement companies, but who would this really be hurting? These debt settlement companies have been a huge help for us. We were going under and did not know what to do. We were looking into collection companies and possible bankruptcy. Debt Regret helped us understand what our options were and made everything so clear. We have now settled one account and are working on the rest. We have only been with the company for approximately six months. This was a huge relief for us and you feel like you are making progress. The Debt Regrets customer service and consultants are great. They are there if you have any questions or concerns. They explain everything as many times as you need until you understand it. Please do not regulate debt settlement companies, because this may cause others not to have the same choices we did. This would be a big mistake for everyone who needs help. Sincerely, Kim Hirschy