Here are some signs to watch out for to determine if you might be dealing with a debt relief scam:
First, If a company demands payment before providing any services or guarantees to reduce your debt, it’s a red flag.
Second, If a company promises to eliminate your debt quickly or guarantees specific results without knowing the details of your financial situation, it’s likely too good to be true. Legitimate debt relief involves steps that can take time.
Third, Be wary of companies that pressure you to make immediate decisions. Hire our debt relief team after we take the time to know the details of your financial situation. At Bononi and Company we are transparent about our fees, services, and the potential options involved. If a debt relief company refuses to provide clear information or avoids answering your questions, it’s a warning sign.
Last, Any legitimate debt relief company will provide you with a written agreement that outlines the terms and conditions of their services. If a company refuses to provide a written contract or asks you to sign blank documents, it’s a major red flag.
If you encounter any of these warning signs, it’s best to proceed with caution or avoid working with the company altogether. Consider seeking advice from the reputable debt relief attorneys at Bononi & Company, P.C. to ensure you have personalized debt relief options.
If you have any questions about the topic discussed in this article, or any bankruptcy law matter, please give us a call at Bononi & Company 724-832-2499.