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Attorney General McGraw Announces Settlement to Hand Over Rogue GI Website to Veterans Affairs

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West Virginia Attorney General Darrell McGraw announced today that the rogue website “GIBill.com” will be transferred to the control of the Department of Veterans Affairs and $2.5 million will be paid to states by the website’s owner as part of a consumer protection settlement with 20 state attorneys general in a bipartisan, multistate enforcement action. Attorney General McGraw, Kentucky Attorney ... Read More »

More Emails Sent in Lloyd Ward v. The Debt Answer Debacle. Tipster Speaks Out.

Thanks to some totally awesome readers I now have copies of some additional emails that are being sent from Lloyd Ward & Associates and The Debt Answer to pick which company might have the rightful owner of the debt settlement clients in limbo. You can read more about this mess, here. As I said in this previous post, until some ... Read More »

Ed Cherry Chapter 7 Bankruptcy Update

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Recently I wrote about the bankruptcy filing of debt relief entrepreneur Ed Cherry of Hess Kennedy and Fidelity Land Trust, The Consumer Law Center fame, here. At the time of his bankruptcy filing his filing was missing a number of documents. Those have subsequently been filed. The updated documents show: Ed Cherry owns personal property of $5,275 but lists liabilities ... Read More »

USA.gov Recommends Only NFCC for Credit Counseling in Email. Why?

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Today I got an email from USA.gov that struck me. The email made it seem as if credit counseling could help rebuild credit. That a no-no for credit counseling to avoid or run afoul of the CRedit Repair Organizations Act. I’ve covered that here. The email USA.gov sent out linked only to National Foundation for Credit Counseling (NFCC) to find ... Read More »

BBB Warns Consumers About Bankruptcy Firm – Affordable Law Center

Low Cost Bankruptcy | Divorce | Attorneys | DUI | Lawyers | Nevada (20120627)

The BBB is warning consumers about Affordable Law Center which claims to offer consumers bankruptcy services at highly competitive rates. Turns out the owner of the company, Ed Jonak, is not a licensed attorney and does he employ counsel admitted to practice law in the U.S. District Court in Minnesota, where bankruptcy proceedings are handled. “There’s a clear pattern of ... Read More »

Stockton, California Seeks a Financial Fresh Start in Bankruptcy

Stockton, California neighborhood. Credit: Inman News

The economy has taken a serious hit on a lot of people. But it’s also hit the 290,000 people in Stockton, California pretty damn hard. Tonight the city council is voting on filing bankruptcy to try and give the city a fresh financial start under a chapter 9 bankruptcy. Like big airlines and companies, sometimes cities find themselves in a ... Read More »

Identity Theft Fraud Victims, Here’s Everything You Ever Need to Know to Fix the Mess

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If you are the victim of identity theft the last thing you want to worry about is what to do next. Thanks to the kind folks at the FTC here is a comprehensive guide on what to do if you discover you are a victim of identity theft. This step-by-step guide will make it extremely easy for you to take ... Read More »

Mortgage Modification Company Owner Shmuckler Sentenced to Prison

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Howard R. Shmuckler, 68, of Virginia Beach, Va., was sentenced yesterday to 90 months in prison, followed by three years of supervised release, for running a fraudulent mortgagerescue business that received substantial fees but actually modified clients’ mortgages in only a few cases. The court ordered that this sentence be served consecutive to a 75 month federal sentence Shmuckler received ... Read More »

I’m in the UK And in IVA But Wonder if Actually Filing Bankruptcy Would Be Better. – Sarah

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“Dear Jon, Up until april this year I was a director of my own company with my husband. In april we decided that after 7 years of trading we could not carry on trading, a lot of the debts were in my personal name and I was being hounded by the creditors, I now have my iva approved but I ... Read More »

The Credit Repair Group Named in Robocalling Suit

The Credit Repair Group, allegedly located at 12802 Valley View Street, Suite 4, Garden Grove, California 92845. was recently named in a lawsuit that alleges they were making robocalls to at least one consumer and repeatedly calling his cell phone. The suit states: “Within the last year, CRG contacted Plaintiff using an automated telephone dialer system (hereafter “Robocalls”). CRG placed ... Read More »

Regulations Proposed to Make Abusive Debt Collectors Back Off Patients Receiving Hospital Care

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The U.S. Department of the Treasury just released proposed regulations on a provision in the Affordable Care Act that helps ensure access to financial assistance for patients of charitable hospitals and protect patients from abusive collections practices. Under the rules issued, charitable hospitals, as a condition of receiving tax-exemption, must establish billing and collections protections for patients eligible for financial ... Read More »

Debt Settlement Advice for Debt Settlement Companies and Consumers – Part 3 – Families and Couples

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Debt Relief Considerations If you have a spouse or a partner, it is very important to review each of your situations separately, to ensure that you both require the proposed solution. This is true for any debt relief related situation. Meaning debt settlement, credit counseling, bankruptcy, whatever. At Debt Relief A La Carte, I see this all too often. When ... Read More »

U.S. Government Teaches Kids to Save Money by Stealing Twitter Bird and Not Drinking Juice or Soda

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Kids.gov recently published these comics designed to teach kids all about learning ways to save money. The first is aimed at younger kids with an interesting message that you can buy stuff you really want if you use your own money. It struck me as an interesting message since it seems to be a tacit approval that you can buy ... Read More »

Rampart MMW Files Chapter 11 Bankruptcy Again With Homeowners

As I mentioned in What Kind of Racket are Rampart MMW and Omni Home Solutions Playing Around With?, a company named Rampart MMW said they were going to file their third chapter 11 bankruptcy in what appears an attempt to shield homeowners from foreclosure as some cost. The last chapter 11 bankruptcy case filed by Rampart MMW, Inc. before this ... Read More »

How Can I Afford a Used Car On a Beater Budget?

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Dear Dollar Stretcher, I’d like to get a good used car without going in the poor house! We have 3 school-aged children. Our old Ford pickup doesn’t have room for them. I wanted to spend $5,000 or less and don’t want car payments. Do you have any ides where to look besides the newspaper? Kevin S. Buying a good used ... Read More »

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