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
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(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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