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Home / Blog article: We recently enrolled with DTS Financial out of California. They meet all the requirements you listed but I checked them out with the BBB and they had an “F” rating. Now I am really concerned. They generally were in disfavor with most debt negotiators also. Do you know of them? Also, what are the chances that you can be taken to court over some of these accounts since they are not paid at the same time?

We recently enrolled with DTS Financial out of California. They meet all the requirements you listed but I checked them out with the BBB and they had an “F” rating. Now I am really concerned. They generally were in disfavor with most debt negotiators also. Do you know of them? Also, what are the chances that you can be taken to court over some of these accounts since they are not paid at the same time?

Hello, I do not know the debt negotiators DTS Financial but you are correct in your assesment of BBB ratings. In some states, it seems as though the BBB rating will be a D or F for any company that provides debt negotiation services. While I will be the first to admit that I do not fully understand how all BBB agencies determine their ratings, it does seem unusual that in CA for example, every firm in this industry will have a bad BBB rating.

I have been through the list of debt negotiation firms in CA (where there are many of these companies) and I did not find one with a favorable BBB rating. Is there a bias against these companies so they don’t stand a chance to have a good BBB rating in certain states? I will never know for sure.

Regarding your second question, yes, you do always run the risk of getting sued during any debt settlement process. It is one of the risks of the solution. The questions to ask yourself are:

1. Am I totally unable to catch up with my bills without debt settlement?
2. What other options do I have?

If you cannot pay your bills and are falling way behind with no other good solutions other than bankruptcy, then settlement should be a consideration. After all, if you are not paying your bills, you may get sued with or without entering a debt settlement program.

This is why it is so important to try a work with good debt negotiators who have established relationships with most major creditors. Those relationships often help smooth out the process if things get sticky between you and your creditors.

Thanks for the questions.

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