The Debt Settlement Industry
2 • Richard A. Briesch “Study” of one debt settlement company (Aug. 6, 2009)2 o 60% of those enrolled (~2,700 consumers) cancelled within two years (higher rate 64.5% for those with the most debt). These consumers alone paid at least $1.3 million in set-up fees o For the 40% who did not cancel, detail is provided about the size and frequency of ................
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