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Greenshield Financial Services Sends Clients Away to Davenport Law

A forum poster just submitted the following email allegedly sent out by Greenshield Financial Services.

After careful consideration, extensive research, and discussions regarding what is best for our clients, GreenshieldFS is excited to announce that Davenport Law, P.C. a Texas-based law firm, will be providing its services to all of our clients.

As we examined Davenport Laws capabilities, we saw that their customer focus, financial stability, and aggressive approach toward settling debt were most closely aligned with, and in some instances, exceeded your requirements and our standards.

Davenport Law has proven success in the debt negotiation industry and has actually exceeded GreenshieldFS average savings by 10%. Additionally, Davenport Law has graciously agreed to waive the retainer fee associated with obtaining their services and will maintain the current payment schedule of service fees originally set up through GreenshieldFS with only slight modifications. At the completion of this transition process, GreenshieldFS will no longer be providing debt settlement services and will discontinue business operations.

Many of you have already taken the necessary steps to complete this process by contacting our team directly. If you have already completed the Davenport Law Engagement Agreement, please disregard this email. If you have not completed this enrollment process, please choose one of the following options below:

1. Complete the transition process electronically. Click on this link below to get started, there are only 5 simple steps that take a few minutes to complete.

2. Contact your GreenshieldFS Account Manager by calling our toll free number at (800) 319-1245. You will still complete the enrollment process online, but will have the assistance of a representative.

On behalf of our entire team, thank you again for your business. We will continue to work hard for you during this time and look forward to serving you during your transition to Davenport Law.
Sincerely,

Brandon Baird
Director of Client Services – Source

Greenshield Financial Services Sends Clients Away to Davenport Law
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Steve Rhode
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.
  • Alley

    I have an account with davenport. I never hear from anyone in that company. I call wanting to know if an offer has been put on the table for my credit card and they only want to know how much I have saved. I never get a straight answer. Still paying $40 a month for nothing. I gave them over $3000 in fees and not a dime when to my credit card company …… I am stupid

  • FrikkenFrak

    Hmmm

  • Soinlivewithraylove

    This is true.. I used to work for Greenshield FS amd was laid off when they turned into Davenport Law.. Same owners just different name..

  • Jpmurf59

    i have a account with davenport, they called fri and said they were settling my citibank account for $7100.  are they legit or am i being scammed??

    • [email protected]

      call citi bank to make sure they even contacted them cuz god forbid they do to u what they did to us.. good luck and god bless u…..

    • http://profile.yahoo.com/3ZTLYKQJOET5SXD27O5RS2M4CQ George

      How long did you have the account with Davenport? I just signed with Davenport, can you help me

  • chad

    So what do I do no? I was with Greenshuild and now they want me to move over to Davenport and pay $40 a mounth whin I was already done paying them!

  • chad

    So what do I do no? I was with Greenshuild and now they want me to move over to Davenport and pay $40 a mounth whin I was already done paying them!

    • Shawnee

      don’t do it!!!!!!!!!!!!!!!

  • HellpMe

    Savvy Savvy Dbaggenport!

  • HellpMe

    Savvy Savvy Dbaggenport!

  • ComplianceSlave
  • ComplianceSlave

    I guess by selling their book at least they didnt leave their customers with nothing or a corporate bankruptcy……..

    OOoopsssssssssss- The main attorney at Davenport is Brandon Davenport.

    This link http://www.davenportlaw.com/in… says this:
    Mr. Davenport also owned and managed a successful financial health management company that assisted thousands of consumers in freeing themselves from the bondage of debt and credit issues by settling over $64 million worth of debt in just two years.

    This link says this: http://www.debtconsolidationca

    Looks like they’re at it again. They’re now doing business as Davenport Law. Creditsolutions temporary CEO, Matt Reivitt and his lawyer, Brandon Davenport, formed Resqdebt to escape the heat from mounting lawsuits. Resqdebt changed to Green shield financial, and now they are doing business as http://www.davenportlaw.com. Trying to stay one step ahead of Federal regulations, lawsuits, and bad publicity.

    And: Matt Reivitt (owner / ceo / part-time owner) of Credit Solutions and Resqdebt/Greenshield and Doug Van Arsdale (owner) of Credit Solutions and Lending.com are being sued by most of the states out there. The State of Vermont just named them both in early July in a lawsuit. All of these companies do the same thing, prey on individuals that are very bad with money, got in over their heads and think there is a way to make their debt disappear. They are being sued by AG’s in many, many states…Florida, Texas, New Jersey just to name a few. Not to mention the 100′s of class action suits involving former clients, employees and others.

    Remember the owner of Credit Solutions supposedly killed himself after lawsuit from VT?

    So it appears theyre just ducking lawsuits and complaints by changing over- “BBB shows Resqdebt with 124 complaints last 4 years- BBB processed a total of 95 complaints about this company in the last 36 months, our standard reporting period. Of the total of 95 complaints closed in 36 months, 29 were closed in the last year.”

    How is it these guys are still allowed to do ANY financial service work for American consumers? I feel sorry for their clients.

  • http://www.ftc.gov ComplianceSlave

    I guess by selling their book at least they didnt leave their customers with nothing or a corporate bankruptcy……..

    OOoopsssssssssss- The main attorney at Davenport is Brandon Davenport.

    This link http://www.davenportlaw.com/index-1.html says this:
    Mr. Davenport also owned and managed a successful financial health management company that assisted thousands of consumers in freeing themselves from the bondage of debt and credit issues by settling over $64 million worth of debt in just two years.

    This link says this: http://www.debtconsolidationcare.com/settlement/resqdebt-company-10.html

    Looks like they’re at it again. They’re now doing business as Davenport Law. Creditsolutions temporary CEO, Matt Reivitt and his lawyer, Brandon Davenport, formed Resqdebt to escape the heat from mounting lawsuits. Resqdebt changed to Green shield financial, and now they are doing business as http://www.davenportlaw.com. Trying to stay one step ahead of Federal regulations, lawsuits, and bad publicity.

    And: Matt Reivitt (owner / ceo / part-time owner) of Credit Solutions and Resqdebt/Greenshield and Doug Van Arsdale (owner) of Credit Solutions and Lending.com are being sued by most of the states out there. The State of Vermont just named them both in early July in a lawsuit. All of these companies do the same thing, prey on individuals that are very bad with money, got in over their heads and think there is a way to make their debt disappear. They are being sued by AG’s in many, many states…Florida, Texas, New Jersey just to name a few. Not to mention the 100′s of class action suits involving former clients, employees and others.

    Remember the owner of Credit Solutions supposedly killed himself after lawsuit from VT?

    So it appears theyre just ducking lawsuits and complaints by changing over- “BBB shows Resqdebt with 124 complaints last 4 years- BBB processed a total of 95 complaints about this company in the last 36 months, our standard reporting period. Of the total of 95 complaints closed in 36 months, 29 were closed in the last year.”

    How is it these guys are still allowed to do ANY financial service work for American consumers? I feel sorry for their clients.

    • http://www.ftc.gov ComplianceSlave
    • Shawnee

      is their a lawsuit in pa against greenshield.. they took money out of my checking account for over a year and didn’t even settle one of our credit cards.. we ended in this much debt because we live on a hill and my mom ended up having both her legs amputatied and we couldn’t handle the debt we racked up from modifing our house to keep my childrens grandmother with us at home.. we turn to greenshied to get help… they took money that we really didn’t have then we got notification that their doors where closing and we should pay this lawyer..   now my husband’s and my credit is really bad.  not only did they take our money but they left us in such a mess my brother’s life was very upset by this because he didn’t want us to have to put my mom in a nursing home so he racked up debt to help us….  I hope someone can help us out this situation is bad but their are other honest people that maybe in worst situations that want to pay their debt, like us and that is why they turn to companies like greenshield….

      • ShawneeHelper

        I know this goes without saying at this point, but I will say it for others who may read this page in the future:

        You made a mistake by hiring someone to save up your money for you. You paid fees, probably high fees, for someone to hold onto your dough. That is really all settlement companies do. They wrap a whole sales pitch around it and make the whole thing look affordable as an escape from bankruptcy.
        When you have saved enough money to settle an account you do. Settling the account is the easiest part of the whole gig. Old debts get settled. Always have. The hardest part of the whole process is saving money. It takes time to accumulate the money for most people and that is where these settlement companies come in. They sell you on their program because people think negotiating and settling is some esoteric process reserved for, and best performed by – them. No, and no.

        Save up the money yourself and negotiate the debts yourself. If you need help with an account, even all of them, only then go out and have a settlement company get the deal done. One at a time and you set the fee. Call a company and tell um you have an account with ABC bank and its being collected currently by XYZ debt collector. Ask what they think they can settle it for. Then tell them (not ask them) I would like you to settle it. I have the money if you can do it for what you said and I will pay you X amount if you do it. You set the price and terms. Most companies are not going to pass up the money to work a settlement for you that they can get paid on inside of a day or week. If you talk to one who wont do it this way just find another that will.

        You fell for a pitch and made an adult decision and now want to hold  someone accountable. Okay. If they did something illegal – Go get um. If they made misrepresentations – Go get um.

        If you are serious about it, file complaints with you AG office and the FTC. Go to the “Tell Your Story” section of the new CFPB’s site and do that – tell your story of getting hosed by a company taking advantage of already struggling people.

        If an attorney was involved at any point then file a complaint with all the details with the BAR in the state the attorney is licensed. File a complaint with the BBB. File a complaint with the AG in the home state of the company.

        If you want to go after any of the parties then find an attorney who goes after these kinds of issues on behalf of clients. If the company who sold you the high priced “money saving” program does not exist anymore you will be wasting your time and resources as there is nothing for you on the other end unless the principals of the company are pursued individually and have money worth going after.

        If everyone is gone and closed up shop you are likely hosed. Lick your wounds and get on with fixing the situation and vow to never fall victim to slick pitches and promises in the future.

        If you want to set an example as a final means of exacting your pound, then name names right here in a comment reply. Who are the people you talked to? Their full names?

        Tell about what you were promised and how and when those things fell off the rails. Get into as much detail as you care to – just be sure it is factual and don’t embellish anything.

        luck to you

      • http://GetOutOfDebt.org Steve Rhode

        You can find your local enforcement officials through this link. http://getoutofdebt.org/resource/state-and-local-consumer-protection-and-consumer-affairs-listings

      • [email protected]

        Well it sounds like u may have worked for this company….   I have first names of people I was dealing with  and copies of papers faxed and an signed agreement with them…   I will look up all those intials that u posted of companies and maybe more like the fdcpa and ect.  to help thanks…  their fees  where included in the agreement  and no phone calls to our credit card companies this was all bad business u know there is ways to get money without being dishonest…   I am a strong believer of god and he saids revenge is mine…  I know they may walk in my shoes or worse I hope they remember what they have done!!!!!!!!!!

      • Soinlovewithraylove

        Well there is no point in sueing because they tell you it takes a while. They take ur money nd “save” it for you and once you have enough they contact your creditors tell them they have x amount and ask if they are willing to settle.. Creditors sometimes say no and you then have to wait till more money is saved..

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