Canyon Absolutely Misrepresents its Contract
**UPDATE Mar 11 2020** I exited the program with only a return on my investment of 11%. This is the company's goal - to feed you roses and rainbows at the beginning of the program. Then when they are nowhere to be found when you are summoned, they hope with all their might that you too will exit the program and leave them essentially all of your money. It is a calculated way of doing dishonest business. THIS COMPANY IS DISHONEST AND SHADY! **UPDATE Mar 3 2020** The email you see below is a robot response from Canyon - I was never called by customer service. **UPDATE Feb 28, 2020** After numerous lies and half-truth's from Canyon Legal Services I finally enlisted the advice of a real attorney. I was informed by this firm that he sees at the minimum three clients per week that are dissatisfied with debt relief companies like Canyon. Here are the facts: Canyon is ONLY a negotiator - they CANNOT offer you any protection of adversity from your creditors. You will be told how respected Canyon is among the consumer base they deal with. This is simply a slick sales pitch - it isn't true. Canyon is ranked extremely low among its peers as well as being one of the most costly. Regardless of what sales pitch you are given - your credit scores will tank while Canyon gleans ALL of their service fees up front before they EVER attempt to negotiate for you...YOU are second in line to its greed. I have invested to date over $7,000 with this firm - by balance right now is a little over $800. Do the math - that's about a 11% return on investment. You will be sued by creditors - without a doubt. It is a cinch. Canyon's claims that this is 'extremely rare' is another shady sales pitch. Once you are six to eight months in arrears the summons' will begin to roll in and at that point Canyon will disappear off your customer service radar. After paying legal retainer fees - I stood in a court room all alone after being promised contractually that I would not have to. Canyon willfully and knowingly misrepresents its contract with you. Only after most of your accounts are sold into collections and worth only pennies on the dollar will Canyon begin to negotiate. Just for measure, I reached out to several of my creditors and asked them had they been notified yet that I had been represented by Canyon - an none of them had and I have been in the program for seven months. Once your balances are sold to collections, they are written off and reported on your credit as such. Furthermore - when this is settled - you will receive a 1099 from the injured company which will also increase your tax burden. Your uncollected write-off's will be considered income which will in turn reduce your refund amount if you are accustomed to one. In summary - of all the things you seek to do for help solving your debt situation - debt resolution companies are the worst of the worst - and with that - Canyon is near the bottom of the infamous list. It feels noble to try and pay your debt back and that's the emotion that companies like Canyon legal capitalize on - with a polished sales approach and well rehearsed embellishments. The vast majority of clients Canyon Legal represent will end up in bankruptcy anyway BUT not before Canyon Legal has pocketed thousands of your money you have given them in good faith that your cause would be championed. Get a free consultation from an attorney - mention Canyon Legal by name. Look at the reports filed on the BBB website about Canyon Legal and how they all follow the same theme (misrepresentation of contract) Then walk away - no RUN away from Canyon Legal Services and its principal owner Mr. Jonathan M. Schulte.