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Legitimate Debt Settlement Company - According to the Federal Trade Commission, a legit debt settlement agency is one that: Doesn't guarantee results Won't accept you if you can actually afford to repay your debt Has written policies and procedures about their debt settlement program Is a member of the Better Business Bureau Has a customer dispute resolution and review process Has in-house attorneys with significant experience in credit industry compliance Handles clients in-house, never referring them to a third party Offers full disclosure of all program fees and costs before the start of a debt settlement program Informs customers that the IRS classifies any forgiven debt above $600 as income that can be taxed Requires prospective clients to commit to saving money on their own to fund settlements Doesn't handle or escrow money saved by clients because of the risk of embezzlement and fraud Negotiates on an ongoing basis with creditors and presents all settlement offers to the customer for their exclusive approval