Here are some things to look for in a debt reducer:
Check with the Better Business Bureau. Find out if there have been any claims of fraud or abuse by the company you intend to work with. If there were complaints listed, see if they were resolved.
2. Do their claims sound realistic and reasonable? If a company seems to be promoting the world and their claims sound too good to true, they probably are. Make sure what the company is intending to do is legal. Find out all the techniques the company intends to use get you out of debt. Make sure you understand their process thoroughly. If a company is promoting to "erase" or debt, almost overnight, typically that is not possible. If they are collecting money from you paying the bills for you, that's an even larger reason to be suspicious.
3. Talk to previous clients – See if you can talk to previous clients who have worked with that consolidator or debt management company before. You might even be able to find impartial reviews online about the company. You can also try contacting the company and asking if they have any previous clients that they've helped that you might be able to email or contact. Do a search online about the company and see if you can find any people who posted comments about their experiences with the company.
Make sure you shop around before committing to work with a company. There are many debt management and debt reduction companies around. It's important to find one who is ethical and can really, legitimately get you out of debt.