Don't know anything about New Dawn, but this is an industry with 95% scammers. My advice: evaluate your whole financial picture, not just the credit cards. Depending on your situation it may be smart to stop paying and save as much as you can. In about six months call them and offer 25 cents on the dollar. They will gladly settle for 35 to 40 cents, and you should have it saved. You can do all of this yourself, but should hire an attorney right after you make the settlement offer to make sure it gets documented right.