Five Lakes Law Group Reviews

4,859,481reviews on ConsumerAffairs are verified
  • We require contact information to ensure our reviewers are real.
  • Our moderators read all reviews to verify quality and helpfulness.
  • We use intelligent software that helps us maintain the integrity of reviews.
+2 more
Author picture
Edited by: Tammy Burns

About Five Lakes Law Group

Established in 2021, Five Lakes Law Group is a law firm that offers debt settlement and resolution services. The company states on its website that it can reduce your monthly debt load as much as 40%, while also offering one-on-one attorney support. It says it has helped more than 200,000 clients with unsecured debt, such as credit card bills and medical debt.

Pros
  • Attorney assistance
  • Chat available 24/7
Cons
  • Not for all debts
  • Fees not listed

What is Five Lakes Law Group?

Based in Michigan, Five Lakes Law Group focuses on providing clients debt relief through the debt settlement process.

Debt settlement requires clients to establish financial hardship, usually through negating their monthly debt bills, in order for the company to settle the debt for a lower amount or in full. Five Lakes Law Group offers litigation support alongside its debt settlement services, so clients will have that benefit in case a creditor threatens legal action.

One notable perk of using Five Lakes Law Group is its mobile app that allows you to manage your enrolled debts and approve agreements. The app has a 4.9-star rating on both Apple’s App Store and Google Play as of publishing, with over 350 reviews combined.

How does Five Lakes Law Group work?

Five Lakes Law Group helps clients settle unsecured debt by diverting their creditor payments. Instead of paying your creditors each month, you will pay into an account that will be used for debt payoff. The goal is to establish new terms and a lower owed amount with the creditor.

However, if you forgo paying your creditor to establish financial hardship, your debt will accumulate late fees and interest rate charges. There is also a possibility that the creditor will sue you for your owed balance. Five Lakes Law Group will attempt to slow down or assist in legal issues with free pro se legal document drafting and attorney assistance.

Five Lakes Law Group products and services

While Five Lakes Law Group does not give a specific time frame for its debt settlement services, clients can expect the process to take between 24 and 60 months, which is the common range among most debt settlement companies. Five Lakes Law Group can help with the following debts:

  • Credit card
  • Medical
  • Personal loans

It cannot help with debt that is secured by collateral, such as mortgage and auto loans. It also will not help with federal student loan debt.

Five Lakes Law Group fees

Five Lakes Law Group does not disclose its fees on its website but should be able to give you the full costs before you commit. Avoid any debt settlement companies that require you to sign up before letting you know the cost.

While Five Lakes Law Group’s pricing is not listed, note that many debt settlement companies do not charge any upfront fees but instead charge between 15% and 25% of the settled amount once a debt resolution has been made.

Five Lakes Law Group FAQ

Does Five Lakes Law Group have a money-back guarantee?

Five Lakes Law Group does not have a money-back guarantee or satisfaction policy listed on its website. Before working with this company, ask about its refund policies.

Do I need a hardship to use Five Lakes Law Group?

Yes. Five Lakes Law Group relies on a client’s financial hardship to better negotiate and settle with your creditors. If you don’t want to take this route to become debt-free, you can look into taking out a debt consolidation loan, which helps you move all of your debt to one predictable loan payment.

Will using Five Lakes Law Group hurt my credit score?

Yes. You should expect your credit score to take a hit with any debt settlement company you use. This is because you must establish financial hardship, which is done when you stop paying your creditors.

Is Five Lakes Law Group legit?

Five Lakes Law Group is a legitimate law firm that specializes in debt resolution. You can expect licensed attorneys to assist you with your debt settlement journey. Before choosing to work with Five Lakes Law Group, make sure you know how long the process will take and how much you will need to pay in fees.

Shop with confidence

Compare with top companies

Five Lakes Law Group Reviews

Filter by Rating

  • (233)
  • (9)
  • (2)
  • (2)
  • (23)

Popular Mentions

    How do I know I can trust these reviews about Five Lakes Law Group?
    • 4,859,481 reviews on ConsumerAffairs are verified.
    • We require contact information to ensure our reviewers are real.
    • We use intelligent software that helps us maintain the integrity of reviews.
    • Our moderators read all reviews to verify quality and helpfulness.
    Top reviews
    • Top reviews
    • Recent
    • Oldest
    • Most helpful

    A link has directed you to this review. Its location on this page may change next time you visit.

    How do I know I can trust these reviews about Five Lakes Law Group?
    • 4,859,481 reviews on ConsumerAffairs are verified.
    • We require contact information to ensure our reviewers are real.
    • We use intelligent software that helps us maintain the integrity of reviews.
    • Our moderators read all reviews to verify quality and helpfulness.
    Page 1 Reviews 0 - 5
    Customer ServicePriceMaintenanceStaffTransparency

    Reviewed Feb. 27, 2026

    Their implementation and utilization of technology is superb. With emails, a welcome video, and a simple yet comprehensive web site and app, everything is so easy to understand! These tools greatly serve to facilitate communication and to convey updated information bilaterally throughout the process as well. Most importantly, the program is estimated to reduce my regular debt maintenance costs by 2/3, down from $3k to $1k /month.

    This has a meaningful impact because I can literally quit my side hustle, reducing my work week from a total of 60 hours to a customary 40 hours. The time savings will literally change my life. I will be more available to meet family obligations, such as care for an aging parent and better focus on my children's futures, and be able to get tasks done that I've been putting off for years while I was riding the debt cycle hamster wheel. I am blessed to have found Accredited Debt Relief and, subsequently, Five Lakes Law Group, both highly regarded in this field.

    Thanks for your vote!
    Five Lakes Law Group
    Response from Five Lakes Law Group

    We're delighted to hear that our technology and communication tools have made your experience with Five Lakes Law Group so easy to navigate. It’s fantastic to know that our program is significantly reducing your debt maintenance costs and positively impacting your work-life balance.

    — The Five Lakes Team

    Customer ServiceStaffBillingRates

    Reviewed Dec. 2, 2025

    I was drowning, my head wasn't even above water anymore. I had spent months searching for employment, constant rejections, finding ways to make my minimum payments which never moved because of the interest rates to only realize... I can't do this. I was forced to choose between feeding my kids or making min payments. A simple Google search and Five Lakes appeared. Highest ratings across the board. So I call to see if they can help me. I thought, " The worst they can say is No, sorry." But that WAS NOT THE CASE.

    I called on Thanksgiving morning, after being up most of the night pondering how I'm going to tell my family our winter is going to be bleak. I get this wonderful woman with tenderness in her voice. Empathy in her words and affirmations that give me some comfort that she is going to see every avenue available for me. Once she got all my info, she puts me on a brief hold and BOOM!!! In minutes my worries of payments went down $910 a month! This Savings saved my life. I can now work on low simple payments while 5 Lakes fights for me with creditors. It is truly life saving. If you're questioning it... just do it. You'll be grateful you did!

    Thanks for your vote!
    Five Lakes Law Group
    Response from Five Lakes Law Group
    Hi Sara,
    Thank you for sharing your inspiring story! We're delighted to hear that our team could provide the support you needed during such a challenging time. Your journey to financial relief is what we strive for at Five Lakes Law Group, and we're glad to be part of it.

    — The Five Lakes Team

    Not sure how to choose?

    Get buying tips about Debt Settlement delivered to your inbox.

      By entering your email, you agree to sign up for consumer news, tips and giveaways from ConsumerAffairs. Unsubscribe at any time.

      Thanks for subscribing.

      You have successfully subscribed to our newsletter! Enjoy reading our tips and recommendations.

      Customer ServiceSales & MarketingPunctuality & SpeedStaffBillingTransparencyHonesty & Transparency

      Reviewed Sept. 28, 2025

      One of the standout aspects of Five Lakes Law Group is their commitment to transparent communication. Throughout my interactions, their representatives were knowledgeable and eager to answer my questions. The onboarding process was straightforward, with no hidden fees or surprises. I appreciated the regular updates and prompt responses to my inquiries, which made me feel supported and informed.

      After enrolling in their debt consolidation program, I noticed immediate relief in managing my monthly payments. Five Lakes Law Group negotiated effectively with my creditors, reducing my overall debt burden and allowing me to focus on rebuilding my financial health. Their personalized strategy was tailored to my situation, which made the program feel less overwhelming and more achievable. In an industry where skepticism is common, Five Lakes Law Group impressed me with their ethical practices. They provided all necessary documentation and were upfront about timelines and outcomes. I never felt pressured to make decisions, and their transparency gave me confidence in their services.

      Overall, my experience with Five Lakes Law Group has been positive. Their debt consolidation program delivered on its promises, and their team provided outstanding support throughout the process. If you are struggling to manage your debts and seeking a reliable partner, I recommend considering Five Lakes Law Group for their professionalism, integrity, and client-centered approach.

      Thanks for your vote!
      Five Lakes Law Group
      Response from Five Lakes Law Group

      Hi Karen,

      We're delighted to hear that you had such a positive experience with our team! Your recognition of our commitment to transparent communication and personalized strategies means a lot to us.

      — The Five Lakes Team

      Customer ServiceStaffTransparency

      Reviewed May 31, 2025

      Updated on 11/02/2025: So far, so good. Everything is the way I was told it would be. It does take time. Be patient. I just wish there was more time trying to notify creditors that haven't responded to correspondence. Other than that, Five Lakes Law is easily contacted, friendly to work with, and has always answered any questions with kindness and professionalism.

      Original: I'm at the beginning of my process. So far, they have been wonderful. They are not pushy, forcing you into anything. They urge you to ask any questions about the program and how it works. They have been kind, friendly, and understanding towards me and my situation.

      Thanks for your vote!
      Five Lakes Law Group
      Response from Five Lakes Law Group

      Hi David,

      Thank you for your kind words! We're excited to hear that your experience with our team has been positive so far. Our representatives prioritize creating a supportive and informative environment, and we’re glad you felt that. Your journey to financial freedom is important to us!

      — The Five Lakes Team

      Profile pic of the author.
      BillingFollow-Through

      Reviewed May 12, 2025

      I had no problem with 5 Lakes the first two years until an aggressive credit card company refused to settle and take me to court. I had to pay extra every paycheck because they couldn’t do what they said they could do. I signed up for debt relief and the lawyer I talked to in the beginning said they work with these credit card companies all the time and never had an issue. 5 Lakes had to “dip” into my escrow to pay the aggressive credit card company off with no negotiation and I had to pay extra to keep up my escrow balance for the two I’m currently paying off. There is another credit card I have that’s being aggressive and 5 lakes contacted me to pay yet, extra again, because they can’t get it negotiated. I refused because I can’t afford it. They declined offer and are negotiating yet again. I signed up for one amount every paycheck, that’s all I’m paying. 5 lakes is getting paid to negotiate and that’s what they need to do. I’m too far in to stop now.

      Thanks for your vote!
      Five Lakes Law Group
      Response from Five Lakes Law Group

      Hi Karen,

      Thank you for sharing your experience. We understand that dealing with aggressive creditors can be challenging. Our team members are committed to finding the best solutions for your situation, and we appreciate your patience. Please know that we’re here to support you in achieving a successful outcome. If you have any concerns, feel free to reach out to our Client Success team at clientsuccess@fivelakeslawgroup.com or 855-441-6129.

      — The Five Lakes Team

      Refunds & Payouts

      Reviewed April 7, 2026

      You keep most of the money I pay you monthly. You are paying my creditors total 125.00 a month for the last four months. Where does all the rest of the money go. That's not fair. I'm doing without groceries. Of course you don't want my review. I'm stuck with you for over 3 more years.

      Thanks for your vote!
      Profile pic of the author.
      Punctuality & SpeedStaff

      Reviewed April 7, 2026

      Very professional and helpful, quick resolution. Very nice.

      Thanks for your vote!
      Profile pic of the author.
      Staff

      Reviewed April 7, 2026

      Everyone is patient and kind. The representatives answered all of my questions and concerns so thoroughly and understood my apprehension and put me at ease. It all seems too good to be true but I am very optimistic about Five Lakes helping me with my financial hardships.

      Thanks for your vote!
      Customer ServicePunctuality & SpeedRates

      Reviewed April 4, 2026

      Rated with the BBB and they gave a quick and positive resolution and response which I appreciate. They did not make me feel ashamed and I felt more at ease and a weight lifted off.

      Thanks for your vote!
      Staff

      Reviewed April 3, 2026

      They have a great team there working with you to provide information you would need to decide if this help is for you, very informative!! They can truly help you with your financial worries, taking stress and worry away. They really care and will help you.

      Thanks for your vote!

      Could your debt be reduced or forgiven? Take our financial relief quiz.

      Loading more reviews...

      Five Lakes Law Group Company Information

      Company Name:
      Five Lakes Law Group
      Website:
      www.fivelakeslawgroup.com