Anchor Law Firm

James K 

on BBB

a year ago

This is the story of James ********; With my interaction with Anchor Law firm from Bentonville, AR. I enrolled into the program in 2018 to clear up some credit card debt. I met with a representive and signed the forms. I was severed with court papers and a payment plan was set up. I paid $457.55 a month for 3 1/2 years. Made the last payment and was feeling real good until June 22, 2023. I got a phone call from my bank tell me my accounts were being garnished for debt from Wells Fargo for $ 16,328.25. I said I signed up with... read more

Carol K. 

on BBB

2 years ago

If I could give zero stars I would. No matter how much credit card debt you are in DO NOT sign up for a program with Anchor Law Firm. I started a 48 month program 5-1/2 years ago. I have spent countless hours on the phone with this law firm. I have been giving them $660 a month for 5-1/2 years and all of my debt is still not settled. I had a credit card that I was being sued for and provided Anchor Law Firm with countless paperwork and made so many calls to their service center. The litigation team never responded to the man... read more

Candi E 

on BBB

2 years ago

I've been under contract with Anchor Law Firm since 2018 my contract was suppose to end June 2022. I was told (shame on me for not reading the FINE PRINT) that my contract was for 4 years and it might not even take that long. They have extended my payments to them without even consulting me. When I called and ask how can they do that without my permission I was told in the contract it allows them to. I have 2 more cards left and I haven't heard from them about settling. I have been calling since August. All I get is we are w... read more

Christopher R 

on BBB

2 years ago

I started in a debt settlement program with anchor in late 2018 and thankfully graduated from the program in 2021, but it didn't go smoothly. I entered into the program with 3 accounts to settle. For the first year and a half, things seemed to go okay. Two of the three accounts reached settlement agreements and I entered into repayment as expected. The third account however made no progress. In January of 2021 I was issued papers that I was being sued for the third account. I contacted anchor's litigation department as instr... read more

Shirley S 

on BBB

3 years ago

My husband and I signed an agreement with Anchor Law Firm in August 2018. It was for 42 months at $305.63 a month. My husband passed away in October 2022. I called the office and was told that my last payment would March 2022. And there wasn't anything else I needed to do. When a payment came out in April, I called the firm and was told that two of the 5 account were not settled and it would take approximately another $5000 to settle!. No one from the law firm contacted us about any of this. I was and still am in shock!. I f... read more

Natalie B 

on BBB

3 years ago

Enrolled in program,making payments to firm to settle accounts,firm sending payments apparently to wrong place managing payments. I opted out of program in July of this month,was told this card was settled.Never got a settlement letter,so I called in August and was informed that payment was going to the wrong place,thus not settled, as I had been told it was. Now I have that credit card company's attorney notifying me of money due,I called Anchor and notified them,they acknowledged this mistake and told me they would return ... read more

Ruby N 

on BBB

3 years ago

I had been with Anchor Law Firm since June 2018. I had never missed a payment since then. Their customer service is really hard to get a hold off. it takes at least an hour in order to speak to a Customer service and when you get to speak you do not get a definite response on your inquiry or case. So far they had settled 3 accounts which has lower balances. I have been sued 3 times, appeared in court once, defaulted once and now facing another default for a case that I thought was settled in February. Negotiations and settle... read more

Nakiya T 

on BBB

3 years ago

If could give zero stars I would. DO NOT TRUST THESE PEOPLE with your money or your debts. They literally steal your money and do not pay down your debts. I have been sued by 2 companies for debts Anchor Law Firm were "handling". I don't know how there is not a class action suit started yet, they have certainly stolen millions at this point. 

Roberto P 

on BBB

4 years ago

I brought them 6 Credit Card bills that I could no longer handle on June 2017 as they had promised that $47,000 can be negotiated down to $29000. While their customer service reps are super helpful, their negotiators are mediocre at best. My account "graduated" on November 2020 but overall, only 1 of the 6 were negotiated down, 1 that the credit card company reported to the IRS that ate up my 2021 Income Tax refund, 3 accounts that went into liens and garnishments and ballooned to so much more after court fees, which thankfu... read more