Many consumers hoping to avoid bankruptcy turn to debt settlement companies, but the Federal Trade Commission has recently warned that many debt settlement companies employ dishonest practices that cost consumers thousands of dollars without solving their problems.
Many Texas debt settlement customers have been taken advantage of this way, but the Texas Attorney General has stepped in to help them find relief. Consumers who used the services of Dallas debt settlement company "DebtXS" are receiving refunds after the company reached a settlement with the Texas attorney general this week.
The Attorney General stated that the Texas debt settlement company's fees were confusing and misleading. In addition to agreeing to the refunds, the Dallas debt settlement company has agreed to halt its deceptive advertising practices.
This entry was posted on Monday, September 11th, 2006 at 11:48 pm and is filed under Economic News: How Are We Doing?. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.