Oak View Law Group Review – Good Company or Scam?

PROS: Based on the settled amount of debt that the Oak View Law Group charges its fees and not on the total amount.

CONS: Every month this organization charges $50 to the consultation fees.

VERDICT: Oak View Law Group Offers similar services as other debt relief companies.It also charges a $50 monthly consultation fee which adds up over the years that the debt consolidation process takes.

Oak View Law Group Review

Oak View Law Group Review

Oak View Law Group is not a debt relief company but it is a law firm that provides debt relief services. Therefore, similar outcomes can be expected which you would expect with a debt relief company. This arrangement has their own set of advantages and disadvantages. For instance, in the FTC regulation Oak View Law Group has found a loophole which prohibits charging upfront fees. The amount paid in consultation fees is deducted from the consolidation fees which you eventually pay, while it claims the $50 is a consultation fee. The company states, “This consultancy fees turn out to be free while the consultancy fees gets adjusted with the success fees when the success fee becomes payable.” This is apparently one approach to charge upfront fees until the Oak View Law Group can charge you for their services legally.

Oak View Law Group – Advantage

One of the advantages of using a law group is that when your creditors sue you, it can give you legal advice. If you are sued, other consolidation loan companies cannot assist you.

Based on our experience of contacting customer service, we arrived to the below score.

Higher is better

OAK VIEW LAW GROUP – 75%
NATIONAL DEBT RELIEF – 85%
NEW ERA DEBT SOLUTIONS – 90%
ACCREDITED DEBT RELIEF – 80%

Oak View Law Group – Eligibility

You should have $1,000 in qualifying debts in order to be eligible to work with Oak View. On our lineup, this is the second least of any administration; most of the companies require between $7,500 and $10,000 in unsecured debts. Qualifying debts include medical bills, lines of credit, unsecured loans and credit cards debts. Oak View successful charges a fee of 25 percent of the consolidated amount once while it consolidates part of your debt. Average savings with the company are about 33 percent after fees.

Oak View Law Group – Timeframe

The average timeframe is six to 48 months for this bill consolidation company's consolidation loan program. Even though six months is considerably lesser than what most of the companies claim, mostly this timeframe falls within the industry average timeframe. Each situation is unique; therefore, your length of the program will change depending on your finances and also on your ability to put money away in order to pay your creditors.

Oak View Law Group – Fees

Your first consultation is free which leads to determine the eligibility with Oak View Law Group. Once you are enrolled, you will be assigned a personal arbitrator throughout your debt consolidation program and the one who will be your main point of contact. Through the online portal you can also manage your account. Remember that Oak View Law Group is registered with the State of California Bar and is not accredited by any of the industry standard agencies.

Oak View Law Group – Summary

Even though Oak View Law Group is not exclusively a debt relief company it also provides debt consolidation services. It offers average reduction fees and rates as well as it also charges a $50 per month consultation fee, which none other company on the lineup charges. This company is a good option in case you have any fear of being sued or think that you will require any legal assistance.