Can I get my money back from a debt consolidation company

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Can I get my money back from a debt consolidation company

This comapny did not settle any of my debt and claims they will not reimburse. They tolde there was nothing they could do and I am getting summonsed to court. What can I do?

Asked on June 2, 2009 under Bankruptcy Law, Georgia

Answers:

J.M.A., Member in Good Standing of the Connecticut Bar / FreeAdvice Contributing Attorney

Answered 15 years ago | Contributor

It is unfortunate to hear that the setlement company didnt do any good for you is keeping the money.  I would need to see the contract with the debt settlement company to determine whether you are entitled to any refund.  the chances is however, that you are not entitled to a refund as they did work for you but were just not successful.  I suggest hiring a lawyer to help you.  the lawyer can negotiate with the creditors for a reduced amount of money. This is the easiest way to get this done and finalized.


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