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New Scam Claims You Need to Pay the IRS for Money Being Held by OCC, Homeland Security or Department of Justice

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Fictitious correspondence, allegedly issued by the Office of the Comptroller of the Currency (OCC) regarding funds purportedly under the control of the OCC and other government entities, is in circulation. Correspondence may be distributed via e-mail, fax, or postal mail. Any document claiming that the OCC is involved in holding any funds for the benefit of any individual or entity ... Read More »

Beware of Counterfeit Cashier’s Checks from GreenBank, Capital Bank in Tennessee

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This alert has just been issued. Apparently scammers are sending out counterfeit cashier’s checks issued in the name of GreenBank (now Capital Bank, N.A.) and using a correct routing number of 064201832 are being presented for payment nationwide in connection with various Internet scams. Counterfeit items closely resemble the bank’s authentic cashier’s checks but may be identified by the following: ... Read More »

My College Won’t Release My Transcript Because They Claim I Owe Them Money. – Reshene

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My college won’t release my transcript or transfer my credits to a community college because they claim i owe them $950. This is untrue because I paid for semester that i did not get to attend because i was on sick leave and i was turned down for more student loans and couldn’t get a cosigner. So my school ask ... Read More »

Do Military Veterans on GI Bill Deserve to be Treated Fairly by For-Profit Colleges?

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Student loans are tough enough to deal with but it appears for-profit colleges are intentionally targeting military veterans eligible for the GI Bill. Students are winding up deep in debt at the more expensive for-profit college with no degree or a degree worth little. Some experts interviewed in the broadcast said that online degrees are viewed less favorably by hiring ... Read More »

Christian Sounding Debt Advice Groups Sued by Consumer – Good Shepherd Debt Relief and Trinity Financial Mission

A recent suit against Good Shepherd Debt Relief, Trinity Financial Mission, and Allen Morrow was brought to my attention by a reader. I’ve written about both Good Shepherd Debt Relief and Trinity Financial Mission in the past. The suit by Dallas Yoder in Ohio claims Good Shepherd Debt Relief, Trinity Financial Mission, and Allen Morrow were offering debt settlement and ... Read More »

FTC Gets Contempt Ruling Against Promoter of Credit Repair and Debt Relief Services

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At the request of the Federal Trade Commission, a U.S. district court issued a contempt ruling against promoters of credit repair, debt relief, and food stamp services who violated a 2010 settlement with the FTC. The court ordered the defendants to pay for refunds to consumers they harmed, in violation of the court order. The court also modified the original ... Read More »

Debt Advice and Debt Help Less Needed Survey Shows

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A survey by Bankrate.com that was conducted at the beginning of February, 2012, which found people are feeling more confident about their financial standing. That’s good news for a rebounding economy. Bad news for debt advice providers. The most shocking figure for me, in a positive way, was that more than 70 percent report having more in savings than credit ... Read More »

Bankruptcy Filings Set to Rise in Canada

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Canadians are facing a projected increase in personal bankruptcies in 2012. Experts say this is due to an increase in lower paying jobs that just won’t allow people to make ends meet on those wages. Benjamin Tal of CIBC World Markets said, “Note that in recent years, the number of proposals … has risen dramatically, with the proposal rate reaching ... Read More »

Fake Debt Collectors from India, Stopped

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In December of 2009 I wrote Frightening Calls From Fake Debt Collectors Threaten People With Jail for Payday Loans. It’s a Scam. Since that time people have been receiving an increasing number of brazen calls from fake and phony debt collectors threatening jail or arrest. The names and telephone numbers these fake debt collectors literally scared the money out of ... Read More »

Wasden Warns of Reported Mortgage Settlement Scams

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Attorney General Lawrence Wasden today warned Idahoans to be cautious of scam phone calls and e-mails related to the recent multistate mortgage servicer settlement. Citizens throughout the country have reported to the multistate group that they have been contacted by callers claiming to have a list of consumers who are eligible for money from the settlement. The caller asks for ... Read More »

Bankruptcy Attorney Rochester, NY

Bankruptcy Attorney Rochester NY

Over the years we have helped quite a few consumers in Rochester NY to resolve their debt issues. Rarely will a consumer seek our assistance hoping that we determine they should file for bankruptcy. Typically it is the opposite that is true. Consumers come to us seeking a solution that will allow them to avoid the need to file for ... Read More »

Scam Alert – Beware of People Promising Help or Money From Mortgage Company Settlements

It appears consumers are receiving calls from telemarketers claiming they are eligible to receive part of the $25 billion settlement a number of states reached with mortgage servicers and foreclosure servicers. Callers are requesting the bank account information to direct deposit funds into the consumers account from the government settlement fund. It is a scam. Funds will not be deposited ... Read More »

Strategy on How to Defeat A Motion For Summary Judgment In Florida Specifically and Other States Generally

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The premise behind a Summary Judgment (SJ) is that the facts are undisputed, and that the only remaining question is one of law. When a plaintiff files a motion for SJ they are going for the quick victory with minimal costs. Defeat the SJ and the plaintiff is in for a long war with greatly increased costs. The strategy for ... Read More »

Pre-Bankruptcy Credit Counseling Certificate: Need One? I Found the Cheapest Class Online Here

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Bankruptcy Counseling First let me say that the entire idea of requiring consumers to have to get a pre-bankruptcy credit counseling certificate in order to file bankruptcy is ridiculous. It was ridiculous in 2005 when they passed the law, it’s ridiculous today. The requirement for people to complete some mandatory pre-bankruptcy counseling class was originally supported by credit counselors that ... Read More »

Student Loan Public Service Loan Forgiveness – New Forms and Documentation Released

The Department of Education has released new forms and documentation to assist government backed student loan holders with getting their loans discharged through the Public Service Loan Forgiveness (PSLF) program. The new documents include updated information on eligible loans: Any non-defaulted loan made under the William D. Ford Federal Direct Loan Program (Direct Loan Program) is eligible for loan forgiveness. ... Read More »

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