Author Archives: Steve Rhode

Asset Rich But Cash Poor. Want to Settle My Debt and Pay for Delete

“Dear Steve, I have a different problem than a lot of your readers. I have lots of assets, but my income is very limited. I have property worth about a million dollars, but because it is more than 5 acres with a manufactured home no one will loan against it. In about 2 years will [...]

Ocwen Condo Foreclosure in Limbo Leaves Me Worried About HOA Fees and Mortgage Modification – Frank

“Dear Steve, Condo in foreclosure since May 2011, mortgage previously with GMAC, now taken over by Ocwen. Retired in January and wrongfully assumed I could just start making payments on the mortgage. Halt, you must go through a modification with Ocwen to stop the foreclosure. Agreed and sent all paperwork and info they requested. Ocwen [...]

My Debt to Income is Very High and Nobody Will Give Me a Loan – Lisa

“Dear Steve, I am living on social security and savings, which are quickly becoming very scant. As my roof leaked over my head as I was sleeping, realized I needed to do something about this and thus began my quagmire (good word!) of a problem. Paid $8000. from five 0% promotional credit cards, carefully figuring [...]

Get a Free Friends and Family Health Kit

Okay, I admit this might not be the best freebie in the world but apparently the government wants to spend money sending out publications and information to help people deal with medical issues. What can I say, besides it’s a freebie and it looks like it’s for the ladies. The pitch to order these publications [...]

Sameer Qadri, Connecticut is Calling and Looking for $100K

The Connecticut Department of Banking has issued a cease and desist notice and civil penalty to Sameer Qadri and Accredited Law Group. Qadri has also been associated with Estate Law Group. After a lack of response to many certified letter the State sent Qadri, the State has issued a final cease and desist letter for [...]

What Happened to ABC Legal and Did They Take My Money?

“Dear Steve, What can be done with THE ABC LEGAL GROUP? The Wesbsite is down… Am I screwed…I am a widow with 3 children.. MY husband passed away back in 2009. I have done some research… and found the following information NEW OWNER FOR ESQUIRE LITIGATION…. I have spoken to a woman named Shirley. She [...]

Stores Online – Consumer Complaint – May 19, 2013

Consumer Statement: Attended a seminar held by an outfit called Stores Online, Inc. (SOL) out of Utah. At the seminar the man had us write many things one being: Reasons to Get Into This Business: Item 3 – We will guarantee you that we will aide you in advertising your website and teach you how [...]

The Bankruptcy Trustee and Attorney Screwed Up My Bankruptcy. – Teresa

“Dear Steve, Our bankruptcy has came to an end but in going over the details, I found MANY unethical things. 1 – it seems my attorney and the trustee were in each others pockets. 2 – the credit union put a $65 a month insurance on the vehicle that was through them but I have [...]

How Do I Deal With My Dubai Apartment Debt From the UK? – Gary

“Dear Steve, I am hoping if you could kindly spare a few minutes to clarify something for me? I live in the UK and in 2005 I decided to purchase an off-plan property in Dubai. I initially contacted an agent in the UK regarding the property and then I entered an agreement with a building [...]

Best Debt Consolidation Loans

Finding a legitimate debt consolidation loan program can be frustrating, depressing and darn near impossible. We’ve all seen the advertisements promising loans for people with bad credit or loans with no credit check. In my experience those companies are often high priced, that is if you actually get a debt consolidation loan and not get [...]

You Have Not Failed if You File Bankruptcy

A frequent and quiet chorus says people who file bankruptcy have failed in some way, but let’s set the record straight on that myth. It’s not true. Bankruptcy is the law of the land in many countries. It allows people otherwise tightly gripped by unmanageable debt to find a way to break free of an [...]

IRS Form 982 is Your Friend if You Got a 1099-C

Just because you got a 1099-C form from forgiven debt is not a reason to immediately panic and think you are automatically going to owe a lot of taxes on the forgiven debt. In the debt world a point of contention for me is the chronic misinformation about forgiven debt from debt settlement or a [...]

Debt Relief Company Options Debt Consolidation Canada Hits Rough Patch

The Vancover Sun is reporting a situation which sounds familiar in the U.S. as well regarding Options Debt Consolidation Canada and Options Credit Canada. Apparently Options Credit was selling agents or franchise owners a magnificent debt relief business opportunity where they would receive “with real-time leads and the ongoing support and management necessary to qualify [...]

My Credit Union Won’t Give Me My Car Title Because I Have a Credit Card Balance

“Dear Steve, Worked for this credit union who in the past had federal investigators in when there were bogus loans. Worked there for 15 yrs. I paid my car loan off with my credit union but they won’t give me the title. I owe on a visa account there and they are pulling the cross [...]

Is My Plan to Deal With My United Recovery Debt a Good One?

“Dear Steve, 1. 1993 – I get a credit card, my first and only (Cap One). 2. It’s fine for several years. 3. 2003 – Divorce, followed by scary major illness; unable to work. Disaster. Balance creeping up. 4. More disaster. Long irrelevant story. I use the cc to pay the rent. Keeping the roof [...]