Debt settlement companies like Golden Law LLP have increased in popularity over the past few years. Often times, these firms use tactics to reduce your debt for less than what you owe - this is done over a 2-5 year period. However, not all debt settlement companies are created equal.
You may have heard of Golden Law LLP. You might find yourself wondering what they are all about?
You joined a debt consolidation program, and now you may have been sued for unpaid debt and your credit score may have plummeted. So, what are alternatives to debt consolidation?
We built a free debt consolidation alternatives calculator below that compares cost, duration, and pros and cons of key debt consolidation alternatives.
Let’s go through the reviews.
In my opinion, two of the most unbiased, holistic review sites are BBB reviews and complaints and Google reviews. It may tend to be a bit more negative, but it seems to be a source of information.
On BBB, Golden Law LLP currently has a 1.25 rating based on 12 reviews, and a A+ rating. They have had 21 complaints closed in the last 3 years, 7 of those have been closed in the last 12 months.
Many of their complaints are about the process and how Golden Law LLP was not upfront about all that was entailed. However, appear to respond to complaints quickly and reach a resolution with both parties as seen bellow. You can see the clients original complaint, and then in the business response section you see that the customer responded that the compliant was handled.
One review that I found particularly interesting on the BBB was that someone agreed to a monthly payment amount, but Golden Law reached out and asked for a higher payment amount to help settle the accounts. You will see that she mentioned that in her review (bellow) and that Golden Law LLP responded saying that they disagreed with what she was saying. However, the client went a step further and elaborated in more details about her experience in response to their comment. There were not any additional comments added after.
According to the BBB, Golden Law LLP has been in business since 2007, but their BBB profile was created in 2017. It very much appears that Golden Law LLP is somehow related to Chabner Legal Group, which we wrote a separate review of.
Upon doing a google search for Golden Law LLP, I did not come across any reviews or even a Google My Business Profile. I even searched “Golden Law LLP” with the address listed ont their website for accuracy.
There was not a profile or any reviews that I was able to find on Trustpilot either. In my experience, I have seen companies send people over to TrustPilot for reviews, so I don't often write about its reviews in my reviews, but just like with Google, I could not find any.
Golden Law LLP appears to be a law firm that is pitching debt settlement. They also appear to offer other services such as bankruptcy, Fair Credit Reporting Act issues, Fair Debt Collection Practices Act issues and real estate law.
They are located at 2447 Pacific Coast Highway, 2nd Floor, Hermosa Beach, California, 90254. When you google their address it comes up as an office building with lease options from one day up to a year at a time. There are various other businesses located in the same building.
I found it interesting that they do not pitch debt settlement on their website (source: goldenlawllp.com), and they do list their office phone number and address. Their website is short with not much information about the services that they provide. There are a few blurps of data new the bottom discussing their services, but not much more than that.
When you click on any of the above articles, you get redirected to a 404 error.
When I review entities, I like to see how long the website has been around. As such, I found that Glacier Bay Law’s website may be rather new.
For example, I found that first pulled Golden Law LLP home page screenshot was from just May 17, 2021, which is less than 2 years later than when this article was written.
