Credit Card Debt Laws That You Need to Know
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Paying Off Debt With Debt Consolidation
Living with debt is by no means easy. There’s the constant concern of living paycheck to paycheck and the never ending issue of covering monthly bills and living expenses. While most of us pride ourselves on being self-sufficient, it’s hard to ignore that we all sometimes live well beyond our means....


A more complete debt settlement calculator


Clear Debt Solution

1830 Wooddale Drive Suite 200
Woodbury, MN 55125
Other Business Names:
Summary of Business: Debt Settlement, Credit and Debt Counseling, Debt Consolidation Services, and Debt Negotiation
Number of BBB Complaints as of 6/17/08: 1
Members of BBB: Yes
BBB Profile
Business Start Date: February 2006
Number of Employees: N/A
Trade Organization Memberships: TASC (Trade Association of Settlement Companies), U.S.O.B.A (United States Organizations for Bankruptcy Alternatives) California Chamber of Commerce Accreditations: BSI Clear Debt Solutions is a debt settlement company based out of Minnesota and California. They have distinguished themselves in the industry for their infrequent BBB complaints (one in three years) and BSI accreditation. It is unclear whether or not they do the servicing for their clients, so it is possible that the complaints are being directed to the company who deals with their customers.

Fees


What is the total fee for the program?


15% of the total debt enrolled in the program. Fees are included in monthly payments.

Over how many months is the fee paid?


12 months

Do you have a set up fee?


Yes, the set up fee includes 1-2 down payments

Do you have a money back guarantee?


N/A

Do you charge a fee based on how much I save?


N/A

Eligibility


What type of debt do you work with?


N/A

What is the minimum total unsecured debt one must have in order to qualify?


$10,000

Does a client need to include all of their unsecured debt in the plan?


No

Services


Do you do the negotiations yourselves?


N/A

If not, who is the company you use for negotiations?


N/A

Creditor Calls


Do you send a Power of Attorney to notify the creditors that a client is enrolled in your program right away?


No

Do you send a Cease & Desist letter to my creditors?


N/A

Can I change my phone number & address to your company�s phone number and address?


No

Do you have a consumer advocacy group help me with calls?


No

Do you think that your debt agency does not have your best interests in mind? Check out PayingPaul.com's articles on debt scams, fraud, and rip offs

(Disclaimer: In no way should this be construed as a formal statement made by the company about the services it offers. Moreover, although an effort has been made to keep this information up to date and accurate, in no way is this a comprehensive overview of the company profiled. For complete information, please contact a representative from this company.)

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