Robert Stanley Gitmeid

Gitmeid did settle a couple of accounts; however, for the last few accounts they started stretching things out so they could bill more fees and then tried to sell us a service to finance the balances when we had access to funds to pay the settlements. We continued to ask Gitmeid to pay the claims but... they didn't for almost a year so we were kind of stuck. Better off negotiating with your creditors yourself or hiring an attorney you know to reach settlements. Buyer Beware-caveat emptor!

I thought doing a debt relief program would be the way to go instead of filing Chapter 13 - I should have filed Chapter 13. I made the call to National Debt Relief initially and ended up with Robert Gitmeid, I'm guessing NDR just passes people to other firms. In the beginning, I thought it was great.... Several accounts were settling fairly quick. However, I have had 4 lawsuits, which has been disappointing and stressful. Those accounts were eventually settled, but it was the point that they were filed in the first place. The money you "think" you are going to save...you really are not. Between their fees and the 1099C you receive at the end of the year from each creditor, you are STILL paying just as much if not more. YOU ARE BETTER OFF FILING CHAPTER 13 than going through this nightmare. IT IS NOT WORTH IT! I keep being contacted to send them a notarized POA for one of my creditors that I have ALREADY completed twice before. Gitmeid keeps coming back to me saying I didn't put something on it, when I wrote everything on that piece of paper that I was told. Here it is, the end of October and they are STILL putting me through this crap. They also give you the option after you have been in the program for awhile to be "qualified for a loan" for the remainder of your accounts. If you choose to do this, yes, all of the creditors will be paid off HOWEVER, it is now a "loan" and you will pay 24% interest for another 4 or 5 years. So however long you have been in the debt relief program will feel like you are starting all over again. NEGOITATE WITH YOUR CREDITORS YOURSELF OR FILE CHPATER 13...this was a HUGE mistake that I cannot undo now.

I wish I had been smart enough to have read all the fine print and figured out the final costs before going with this company; had I done so, I would have filed a Chapter 13 through the courts and saved A LOT! By the time Gitmeid figured in their monthly maintenance fees, in addition to their negoti...ation fees, it was definitely not worth it and was way more than I would have paid in fees had I had filed Chapter 13. In addition, filing Chapter 13 would have done no more damage to my credit than this has done. Please read the fine print and figure out the final cost BEFORE you sign up with Gitmeid or any other similar company and do a comparison to a Chapter 13. Not worth it!!!

They may convince your creditors to what you owe, but your credit will spiral into the abyss, unless it’s DISCOVER. DISCOVER WILL NOT NEGOTIATE. I have to pay DISCOVER the full amount, plus a percentage to Gitmeid PLUS my good credit, starting at over 700 is now destroyed. Big help they were. I asked... Gitmeid if my credit still takes a hit once a settlement was made. They couldn’t tell me. “We’re sorry, we don’t give advice on credit”. You can’t answer that simple question?? They don’t give a damn. If you’re in debt, they will take advantage of you and make their money. It’s kind of like declaring bankruptcy, but you’re paying money and your credit is destroyed while they claim no comment. I wouldn’t do this again. Find another way.