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Best Debt Relief Companies of February 2024

Compare the best debt relief companies. We evaluated plans, fees, customer satisfaction, and trust ratings to find the most reputable debt relief options to save you money.

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Comvest Partners Announces Growth Capital Investment in ClearOne Advantage

Comvest Partners Announces Growth Capital Investment in ClearOne Advantage
streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.

United statesNew yorkGreg reynoldsTomas gordonClearone advantageChief executive officerZone advantageNorth americaWest palm beach

Baltimore s ClearOne Advantage lands more funding from Comvest Partners

Baltimore s ClearOne Advantage lands more funding from Comvest Partners
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West palm beachUnited statesNew yorkClearone advantageComvest partners

California may move to regulate booming debt settlement industry

ERIKA PAZ CalMatters Before the pandemic, Graciela Gomez relied on two jobs to keep up with her expenses. After losing her part-time job at Macyâs in March 2020, she had to choose between paying off her credit cards or paying her rent. She chose the latter. âI didnât know who to talk to, who to contact. I was embarrassed,â Gomez said. An ad for a debt settlement company appeared on her social media feed promising to lower her debt. After following up, she says what she got was a lawsuit from one of her credit card companies in March. Sheâs still fighting today.

United statesSan franciscoWillie brownAssemblymember buffy wicksAssemblymember wicksTomas gordonGraciela gomezConsumer debt relief initiativeDepartment of financial protectionBay community law centerAssembly speakerBuffy wicksClearone advantageZone advantageNguyen orthConsumer justice clinic

New bill targets California debt settlement companies

I m not interested. Customers who enroll in a debt settlement plan make a monthly payment to a debt settlement fund. According to Nguyen Orth, debt settlement companies wait until the customer has defaulted on their debts which can sometimes take up to six months before they begin to negotiate with creditors. The defaults must occur before the negotiation process can begin, but the debt settlement companies avoid explicitly saying this, Nguyen Orth said. Debt settlement companies like ClearOne Advantage make money by charging customers a percentage of the total debt owed. In a best case scenario, willing creditors agree to settle the debt for less than the amount owed. After the customer agrees to the new terms, the debt settlement fund will be used to pay the debt.

United statesSan diegoBayview parkSan franciscoAssemblymember buffy wicksDavid rodriguesKate ciminiAssemblymember wicksGraciela gomezWillie brownJackie bottsPeggy peattieTomas gordonErica woodSalinas californianConsumer debt relief initiative