Date This Problem Happened: August 1, 2010
State You Live in: Kentucky
Age Range: 51-65
Total Amount of Fee Paid: $10,000
Company Name: Debt Resolution Group
Company Address:
Website of Company: debt-resolutions.com
Consumer Statement:
“I have been dealing with Debt Resolution Group for over a year.
They have taken out of my banking account around $10,000. I have called them, and the customer service number 1-800-449-0949 and 1-877-807-0312 and 1-954-237-8240 and they either hang up on me or say they will call me back and never do.
I can not find out what debts have been settled and which have not.
I have not heard anything by mail, telephone, or e-mail.
I need this information I am still receiving harassing mail and telephone calls. NoteWorld is nice but seem to know nothing they say they just sevice the account.
My account number they gave me once was [XX]. I have faxed them all offer I have got. I will have to get e-mail files together.
Mostly it has been on the phone. The reason I picked this company they said they would pay all debts by hedge fund and they would be paid up front then I would pay them.”
Note: Sure sounds like the “Debt Restructuring” hedge fund pitch I’ve warned people about here.
In fact this company appears to be pitching the entire debt restructuring package I covered in this article.
It is unfortunate the consumer got the outcome they did but is anyone surprised the debt buyer sales pitch didn’t work out as promised?
The domain is owned by:
Winston Mosbergen
1120 W LA VETA AVE STE 860
Orange, California 92868
[email protected]
Photos of the Debt Resolution Office
These photos come from their Facebook page. – Source
Major Concerns About Debt Resolution Group
From everything I see on their website it looks as if they are pitching and selling an unproven plan to resolve your debt. They also make dubious claims about how long it will take for your debt to be resolved.
These claims seem to not be allowed under the FTC Telemarketing Sales Rules for debt relief services and I can see no data to back up the claims.
The statements made on their FAQ page are dubious as well.
And what i find particularly odd is as I’ve shown above the sales pitch on the debt restructure page (look above at the image with the red arrows in it) is why it’s better than debt settlement but the home page of the Debt Resolution Group website has a NoteWorld video that promotes the benefits of debt settlement, over and over again. So which is it?
Home Page Video Capture Promoting the Same Debt Settlement They Slam
All of this makes me wonder more about the picture of their office above. Now that I’ve taken a good look at Debt Resolution Group I think they left out the captions in the picture. Here is what I think they should have said.
Talk about all sorts of red flags and alarms going off. Debt Resolution Group doesn’t even list there business location on their own website.
Serious Concerns About Debt Resolution Group
I have some serious concerns about Debt Resolution Group. Because the State of California corporation website is not operational at the moment, I’m unable to confirm the company is even registered to do business.
In checking out the companies address I ran into an interesting development. It appears Winston Mosbergen, the owner of the Debt Resolution Group domain is also the owner of Wintech Staffing Group which is listed in the building Mosbergen states in the domain registration.
Mosbergen doesn’t even list Debt Resolution Group as one of his companies.
My Advice
I have serious reservations about the debt restructure program and I’ve already covered extensively why I think the approach is a failure from the beginning.
I would waste no time in demanding a full refund, you can follow this refund process, and I would immediately follow that part of the process where you file complaints with the state Attorney General, FTC, and BBB.
This mess is not going to end well. Get out while you still can and press hard to get your money back.
Update 8-19-2011
I was just able to get into the California State records and there is no company in California authorized to do business as Debt Resolution Group. Another red flag.
If you would like to file a scam report, please click here or complete the form below.





