Latest Posts
Home > Debt Articles > Debt Settlement Related (page 16)

Debt Settlement Related

Debt Settlement Trade Association USOBA Holds Conference at Resort

Is it just me or does it see a bit insulting that at a time when the debt settlement industry is under fire for profiteering and taking advantage of consumers that the United States Organizations for Bankruptcy Alternatives trade association is holding their upcoming summer 2010 conference at the Four Seasons Resort in Palm Beach, Florida. The ultimate in comfortable ... Read More »

Debt Settlement Legislation to Prohibit Up-Front or Monthly Fees and Cap Fees at 5%

justball-144x125

Illinois Attorney General Lisa Madigan is backing legislation to ban debt-settlement companies from charging upfront or monthly fees and that caps payments to firms promising to reduce credit card debt. The legislation would cap fees at 5 percent of the savings resulting from settling a debt, rather than a percentage of debt enrolled. It also would allow cancellation of a ... Read More »

What Do You Think of Solid Ground Financial? – Lorie

justball-144x125

“Dear Steve, I am self employed hairdresser and the economy has hurt my business so much we cannot contuine to make our monthly payments. Just today I signed papers to let solid ground financial settle my debt..I am scared, and wondering if we did the right thing…I don’t want to get sued, or have my creditors call our work. we ... Read More »

Debt Settlement Industry Invaded by the Mafia, Mob, and Organized Crime

I have been doing a number of reviews of companies in the debt settlement industry lately and one thing has become very clear, the industry seems to be rife with some really bad people. Now nobody wears a tag around their neck that says “I’m in the Mob” and there is no Mobbook to look at but what is very ... Read More »

Clear Financial Solutions, Financial Freedom of America, Financial Solutions Legal Center Cough Up Bucks to West Virignia

justball-144x125

Attorney General McGraw Continues to Reign in the Debt Relief Industry. He announced settlements with three more companies, resulting in $214,000 in refunds for 226 West Virginia consumers. Alyson Rye of West Union was alarmed when a telemarketer from Clear Financial Solutions repeatedly badgered her to accept his offer to reduce the interest rates on her credit card debt. He ... Read More »

Vortex Debt Group Review

Vortex Debt Group

Address: Vortex Debt Group 3280 Suntree Blvd, #101 Melbourne, FL 32940 (866) 558-3503 [email protected] Website: www.vortexdebtgroup.com Description: We understand what it is like to be in debt and how hard it can be finding a way out. Vortex Debt Group is a leader in the debt settlement industry with almost 20 years of experience. We have a team of negotiators ... Read More »

Clear Financial Solutions, Financial Freedom of America, and Financial Solutions Legal Center Refund Clients

justball-144x125

Attorney General McGraw Continues to Reign in the Debt Relief Industry. Today he Announced Settlements with Three More Companies, Resulting in $214,000 in Refunds for 226 West Virginia Consumers. Alyson Rye of West Union was alarmed when a telemarketer from Clear Financial Solutions repeatedly badgered her to accept his offer to reduce the interest rates on her credit card debt. ... Read More »

Debt Relief Center & United One Debt Settlements Review

Debt Relief Center Web Site

Address: Debt Relief Center, Inc. 25 Crossroads Drive Suite 404 Owings Mills, MD 21117 United One Debt Settlements, Inc. 10025 Governor Warfield Pkwy Columbia, MD 21044 877-740-2111 Website: www.drclogin.com Description: Debt settlement company Management: Stephen B. Millstein ([email protected])([email protected]) Certified Title Corporation shares the same address and attorney Stephen B. Millstein is related to Certified Title Corporation. Stephen B. Millstein is ... Read More »

Morgan Drexen and Some of the Consumer Complaints Against Them

justball-144x125

Under a Freedom of Information request a document was obtained which contains a number of complaints filed by consumers against Morgan Drexen, the Nevada and California based debt settlement enterprise. Morgan Drexen appears to be coming under an increasing level of scrutiny and has been the subject of a number of consumer complaints and lawsuits for services. – Source Of ... Read More »

Montana Couple Files Class Action Lawsuit Against Debt Settlement Company Morgan Drexen

A Montana company has filed a class action lawsuit against the debt settlement company Morgan Drexen. Morgan Drexen is accused of violating racketeering laws and the Credit Repair Organizations Act. A newspaper article said: Morgan Drexen has “actively conspired’’ to avoid laws that apply to debt settlement companies and has “engaged in the unauthorized practice of law,’’ the complaint said. ... Read More »

First American Debt Solutions Apparently Lying to Debtors to Scare Them

justball-144x125

Bankruptcy attorney Dan Nunley in Oklahoma gets the credit for breaking this story. “It seems that a debt settlement company by the name of First American Debt Solutions (FADS) of Deerfield Beach, Florida, is mailing solicitation letters to Chapter 13 bankruptcy debtors across the USA. In the letter, FADS blatantly lies to the debtors by telling them that their Chapter ... Read More »

Debt Settlement America, TASC, and Chris Kesterson, What’s That All About?

Thanks to one of this sites readers who sent me a tip to [email protected] I was told about a festive holiday press release from Debt Settlement America that was sent out. December 24, 2009 – Debt Settlement America (DSA) has offered a special gift to three families this holiday season by allowing them temporary deferments. A deferment means that the ... Read More »

MN Attorney General “Debt Settlement Companies Really Put People Into a Financial Death Spiral”

justball-144x125

I spotted an article “New Law Tightens Rules for Debt Firms” in which the Minnesota Attorney General, Lori Swanson, does not mince words about the problems she see with debt settlement companies. You can read the full article here. Consumers need to go into these transactions “with their eyes wide open,” said Elwood. Once they sign with a debt-settlement company, ... Read More »

Debt Settlement USA Review. Not Pretty.

justball-144x125

My friend Damon Day recently did a contract review for a client of his who was tangled up with the debt settlement company, Debt Settlement USA. Damon’s review didn’t pull any punches and I thought his catch of the discrepancy in the fees charged and the time to complete the program was brilliant. When I use a real calculator and ... Read More »

Double Standard For Debt Settlement. Not So Sleazy Now, Ask Hilary Clinton, John Glenn and the FEC.

Debt Settlement Companies?

Consumer debt is a world of double standards. On one hand you have advocates screaming about the evils of debt settlements or that groups that charge people for professional help to do debt settlements are ripping off consumers because settling debts is something that anyone can do. Don’t get me wrong, I’m not a huge fan of debt settlement plans ... Read More »

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.

Close

I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.