Five Lakes Law Group Reviews

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.

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.

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.

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.

BE CAREFUL!!! My total debt between 2 credit cards was less than $20,000. By the time Five Lakes negotiated settlements, with the additional late fees and penalties the banks charged, I am being charged more than the original debt: EXAMPLE. Original debt. $3999.29. Creditor balance by the time it was negotiated: $5073.37. Negotiated offer amount. $2526.69. Five Lakes Fee. $1,079.81. Paying it off early does not lower the Five Lakes Fee either! I was told someone would review the fees and had a phone appointment which was never received. I was also told that if I paid in extra $, this could be applied to the outstanding accounts - wrong info! By the time I am finished, I will have saved a whopping $392.79 plus the credit hit plus all the hassle!

First of all, thanks to everyone that I spoke with at Five Lakes Law Group. You didn’t make me feel bad for my situation. Everyone was kind and answered all my questions and made sure I understood the process. I appreciate all of you for your compassion and patience with me. You all are angels in my book!!!

I started with 5 lakes, and at first it was fine. Your credit does take a hit, but that's to be expected. I entered the program with 3 accounts. The first one didn't have much on it and was the first to be resolved, so I felt good about it. The 2nd one wasn't negotiated down at all and I ended up paying nearly the entire amount. Two months before that one was finished out, they started getting aggressive with the 3rd card. They were trying to demand I pay more than I even make - like by twice as much.

They helped me out immensely and now I’m saving over $400 a month on my payments and I’ll be paid off in 5-6 years EARLIER than I would’ve been without them. I can't thank them enough for all the help they've given me. I had a piece of mind knowing that I CAN do this with them by my side

Although it is early in the process with a long road ahead, so far, everyone I have spoken with has listened and I feel heard about my debt issues and needing to get it behind me. Everyone has been empathetic and clearly explained the next steps on this journey together. I am now looking forward to the process and feel confident that we will meet my goals sooner rather than later...it took me many years to get in my situation, and the path to get out of it will be a fraction of that time!!

I had researched several companies to help me resolve my debt issues, but they either lacked transparency in the financial plan or clarity in the process.The partnership between Accredited and FiveLakes Law was the clear winner. The Accredited program was easy to understand, and with the detailed mobile dashboard at FiveLakes, I found a solution that made sense and gave me the tools and confidence to succeed. The friendly teams on both arms were kind and well coordinated, and I wish I had made the move sooner. This is a terrific solve, and you will be happy. Peace.