Five Lakes Law Group Reviews

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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 says on its website that it can reduce your monthly debt load as much as 50%, while also offering one-on-one attorney support. It says it has helped thousands of 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

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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.

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Five Lakes Law Group Reviews

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    How do I know I can trust these reviews about Five Lakes Law Group?
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    Page 1 Reviews 0 - 5
    Customer ServiceSales & MarketingPunctuality & SpeedStaffBillingDelivery & ShippingLoan ProcessProcessTransparency

    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.

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    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 ServiceStaff

    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

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      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.

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      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

      Customer Service

      Reviewed April 3, 2025

      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!

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      Five Lakes Law Group
      Response from Five Lakes Law Group

      Hi Jeanne,

      We want to clarify some important points about your experience. Our team of experts at Five Lakes Law Group is dedicated to securing favorable outcomes for our clients, and the fees you mentioned are tied to our success in negotiating resolutions on your behalf. We aim to alleviate the burden of debt and provide a clear path to financial freedom. Please reach out to our Client Success team at clientsuccess@fivelakeslawgroup.com or 855-441-6129.

      — The Five Lakes Team

      Staff

      Reviewed Nov. 23, 2024

      I am still very nervous doing this. I have never done this before. I’m nervous about stopping all payments and how my credit score will even get worse. However talking to the nice young women made me relax a little bit. I started thinking how much worse can it get. My situation before signing up was very stressful and that was only getting worse and I felt I was sinking into a deep hole. But you guys assured me this will work and get better soon. I am putting my trust in you. I hope I am not let down. I will do what I said keeping up with the biweekly payments and I hope you keep your word too. Thank you for your help. My fingers are crossed. For now yes I would recommend you to family and friends. After I am done with the program I hope I can feel the same and write a better review.

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      Reviewed Oct. 31, 2025

      You guys were great. You helped me with all my questions and concerns and assured me that everything would be good and get better over time and that was a big worry of mine so thank you for that awesome work.

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      Five Lakes Law Group
      Response from Five Lakes Law Group

      Hi there,

      We’re grateful for your kind words! Our team is dedicated to providing support and clarity, and it’s wonderful to know we could address your concerns effectively.

      — The Five Lakes Team

      Staff

      Reviewed Oct. 28, 2025

      I will say this regarding Five Lakes: they are legit & accredited & they will make you feel hopeful, they are so professional, they broke all aspects of my situation down. They leave no stone unturned, folks. I'm serious, if you need help with debts, especially in this economy, I believe Five Lakes is the best debt consolidation group of professionals you can trust.

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

      Hi there,

      Thank you for your kind words! We're grateful to hear that our team provided you with hope and professionalism during your experience with us. Your trust in Five Lakes Law Group means a lot.

      — The Five Lakes Team

      Reviewed Oct. 28, 2025

      So far everything is great. I am looking forward to everything being paid off. Five Lakes have given me hope that there is an end in sight. They’ve made a recent resolution that has lowered one bill by thousands of dollars. I’m very thankful for Five Lakes Law Group.

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

      Hi Susan,

      We’re excited to hear that your experience has been positive so far! Our team at Five Lakes Law Group is dedicated to helping you find hope and financial freedom. Thank you for sharing your journey with us!

      — The Five Lakes Team

      Customer ServiceProcess

      Reviewed Oct. 23, 2025

      Very welcoming, able to put me at ease from the moment I said hello on the phone. Was very thorough about the company, the process, the end results. I know they will do the right thing for me and help me get out of debt as quickly as possible.

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

      Hi Pamela,

      We’re grateful for your kind words and are pleased to know our team made you feel welcome and informed. Our mission at Five Lakes Law Group is to support you on your journey to financial freedom.

      — The Five Lakes Team

      StaffTransparency

      Reviewed Oct. 23, 2025

      They do great job with communicating and keeping you up to date. They will answer any questions you have and are very professional. I am glad I found them. They explained things really well and help you every step of the way.

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

      Hi Penny,

      Thank you for your kind words! We're pleased to hear that our team members were able to effectively communicate and support you throughout your experience with us.

      — The Five Lakes Team

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      Five Lakes Law Group Company Information

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