‘Debt relief' company puts woman in thousands of dollars of additional debt

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It’s an industry that often paints itself as a life-preserver for those drowning in debt.

“My understanding was they were planning to take a small percentage over an initial period of time,” said Ford.

“My divorce attorney, she was the one that was able to find in the paperwork where they were actually taking the fees up front before they started paying the creditors,” said Ford., stating they’ve noticed a pattern of complaints exactly like Ford’s.After paying $13,000 to Turnbull, Ford says she had to hire a personal attorney to untangle her finances. That attorney finally began to negotiate down the rest of her growing debt. It’s something the BBB says you can do yourself.

If that’s not an option and you need help consolidating your debt, the BBB suggests contacting a credit counseling organization, which are typically non profits.

 

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