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Best Debt Settlement Companies

Below are reviews of several debt settlement companies. If you would like a free initial consultation with a debt settlement company, please complete the form at the top of this page.

1. Encore Client Solutions/New Beginnings

Location: Mobile, AL

Years in business: 6 years

Encore Client Solutions is made up of industry professionals who have been assisting debt-ridden consumers in evaluating options that meet their needs and budgets. The programs available to these consumers through Encore range from Consumer Credit Counseling to debt negotiation to attorney-assisted debt relief. Encore, through their affiliated network of service providers, offers the greatest choice available in the country today.

When people face large debt loads, they tend to react emotionally to the situation. For this reason, many unscrupulous companies swoop in to take advantage of the emotional vulnerability of the individual, giving them a “solution” that is more expensive than it is worth. Those seeking debt settlement need to use caution, because many companies provide poor services at a steep price, putting the consumer in a worse financial situation than they were in before they started.

Encore Client Solutions helps you evaluate what is best for you – not for the company you are working with. Encore can help you determine if Consumer Credit Counseling is best for you, and then help you enroll in the right program. If credit counseling is not your best option, then Encore can help you evaluate different debt negotiation or debt settlement programs. All programs represented are either members of The Association of Settlement Companies (TASC) , the United States Organization of Bankruptcy Alternatives (USOBA), or are law firms that are duly licensed by their respective state bar associations. Encore Client Solutions will help you evaluate the company or law firm that is available to you – then you decide.

“Free and clear! Debt Free! Boy, does it feel good to say that! Last year, I would never have thought that we could be debt free. The balance on our bills was staying steady. We were making the minimum payment but the interest was either the same amount as the payment or more than the payment, so the bill would remain the same or grow. My husband is a realtor and in this market, the money was not coming in regularly and was hard to keep up, let alone pay off the bills. So we contacted New Beginnings (NB), a debt settlement company. NB set us up on plan where they would work with the creditors and we would save money to pay off the bills in two years. That was May 2008. While there were ups and downs to the process, it was great working with NB. NB bent over backwards to help us get out of debt. The settlements that they made were well below what even they thought they could accomplish.”

-Patty N.

“My name is Josh D. and I’m writing this email to thank you all at New Beginnings for helping me settle my debt. I started this program in November of 2008 and at the end of March 2009 I will be rid of 90% of debt because of the help of your program. With the great help from Roy Shipman and also Joel Norton, we were able to settle my biggest account at 30% and I am almost totally debt free. When I started this program I was very nervous and scared on how this process would go. But I am relieved and very satisfied only a few months later. I hope to have all me debt erased by June 2009 or earlier and that’s 2 years ahead of schedule. I’m amazed on how great your program worked for me and I will refer it to others. Thank you for all you have done for me and please continue to help the people that you do. I’m forever grateful.”

-Josh D.

2. Debt Settlement USA

Location: Scottsdale, AZ

Years in business: 6

Debt Settlement USA is a member of the International Association of Professional Debt Arbitrators and United States Chamber of Commerce. In addition, it won the prestigious ISO 9001:2008 certification from BSI Management Systems, one of the largest and most experienced registrars of management standards in the world. Since its inception in 2003, Debt Settlement USA has helped over 25,000 customers settle more than $170 million in debt.

3. SettleMyDebt411

Location: Redondo Beach, CA
Years in business: 6

SettlementMyDebt411 is a simple and fast way to get a free debt settlement quote, especially if you would like to “shop around” and compare information from several companies. SettleMyDebt411 is part of the ReallyGreatRate family of sites which is in the Better Business Bureau Online Reliability Program.

4. DebtGoal

Location: San Francisco, CA
Years in business: 2

DebtGoal is a new and unique, do-it-yourself debt settlement solution. Instead of contracting a debt settlement company or credit counseling agency, DebtGoal provides the tools to create your own savings plan and reduce the costs associated with hiring a third-party. Do-it-yourself debt settlement companies like DebtGoal are best for consumers that don’t mind negotiating a settlement directly with creditors.


Consider these additional services to improve your credit:

Debt Consolidation

Tax Debt Relief

Credit Counseling

Credit Repair

and more