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It's always good to know what the real costs are associated with your debt before you take any actions, but that puts you at risk of delaying action, which may require a larger payment. To find out whether or not it would be worth your time to contact an experienced debt negotiator, talk with a friend or family member who might have referred you. They can advise on whether or not the program will help and if they think it's worth pursuing. Your family member may also know someone who has completed one of these programs in person and can reflect on their experience; they might even have some referrals for the best companies in town that offer debt relief.
You can research the services that are available by checking debt settlement companies and agencies out at the Better Business Bureau website. Be aware that debt relief companies aren't regulated, so there isn't a government agency that will take action if you decide to cancel a program with them. Many people choose to sign up for debt relief programs because they don't want to pay off their debts without seeing results first; in this case, know that it's usually not worth taking action unless you've tried every possible option and nothing seems to be working.
You can research the services that are available by checking debt settlement companies and agencies out at the Better Business Bureau website. Be aware that debt relief companies aren't regulated, so there isn't a government agency that will take action if you decide to cancel a program with them. Many people choose to sign up for debt relief programs because they don't want to pay off their debts without seeing results first; in this case, know that it's usually not worth taking action unless you've tried every possible option and nothing seems to be working.
