Category Archives: Vehicle Related

File Bankruptcy — But Keep Your Car for Much Less Than You Owe: The following article was submitted by Attorney Steven Elmer from 722Redemption.com to help people learn how it may be possible to keep their car or truck after bankruptcy for far less than the current amount owed. In Chapter 7 bankruptcy, debtors have three main options regarding financed personal property items. They can surrender, reaffirm, or [...]
Anyone Surprised by This? Companies Claiming to Stop Auto Repossessions Smacked by FTC.: The Federal Trade Commission filed charges and requested that a U.S. district court put a stop to the allegedly deceptive tactics of two California-based auto loan modification operations. The FTC asserted that the two separate operations charged hundreds of dollars in up-front fees, based on bogus promises that they could reduce consumers’ monthly car loan [...]
US Fidelis, Darain Atkinson, Cory Atkinson – All Indicted by Grand Jury: Attorney General Chris Koster yesterday announced a St. Charles County grand jury has handed down a 14-count indictment against Darain Atkinson and a 13-count indictment against Cory Atkinson, the brothers who owned and operated US Fidelis. US Fidelis was formerly known as National Auto Warranty Services and did business under the name “Dealer Services.” The [...]
Libyan Embassy Loses Two Cars to Repo: Apparently times are tougher for Libya right now than you might think. The Libyan embassy in Kampala, Uganda has had two of their luxury cars repossessed by the bank and they are scheduled for sale on May 10. The Libyan Arab People Bureau (embassy) is identified in the notice as the debtor. The attached cars [...]
MO AG Wants to Crack Down on Bad Actors in Auto Service Contract Industry: Missouri Attorney General Chris Koster recently released a report from his Auto Service Contract Task Force. The group was looking at the deceptive practices of members of the auto service contract and auto warranty business. As part of the data gathering the task force heard from consumers. Donna Acosta Donna Acosta purchased her contract from [...]
Auto Payment Assistance, Variety Investment Corporation. What is It?: A few hours ago someone came in to the site and posted a comment about autopaymentassistance.com so I thought I’d look into what the site was offering. The website says the program will “help you out” if you are ever able to make your payments. AutoPaymentCenter.com is owned by: Variety Investment Corporation Herbert Hamlet 214 [...]
How Do You Value Your Quality of Life? Debt Solutions to Fix The Future: Debt doesn’t just affect the people actually in debt, it often affects the ones around them, near and dear to them. I know this from first hand experience as someone who has loved and lived with someone so deep in debt they could not see a way out. Not only is the emotional toll hard [...]
Cease and Desist Order Against Vehicle Service Contract Marketers. SafeData Management Services, Consumer Direct Warranty Services, Warranty Administration Services, Warranty Administrative Solutions.: California Insurance Commissioner Steve Poizner today filed a cease and desist order against two California men and several corporations for allegedly operating unlicensed insurance companies and using deceptive and illegal telemarketing. Robert Lewis Chapman, James C. Sletner and several corporations they own and manage, including SafeData Management Services, Inc., d.b.a. Consumer Direct Warranty Services, Warranty [...]
Vehicle Service Contract Marketer Engaged in Misleading Telemarketing: At the Federal Trade Commission’s request, a federal court has halted a Florida-based telemarketing operation that the FTC alleged was deceptively promoting so-called “extended auto warranties” to consumers nationwide. The court has issued a temporary restraining order against Fereidoun “Fred” Khalilian and his company, The Dolce Group Worldwide, LLC, d/b/a My Car Solutions. Khalilian is [...]
Local Television Station Wants to Sell Me Subprime Car Loan: Last night I was watching television when the following advertisement came on. What struck me was that my local television statement was so interested in marketing a subprime loan to viewers. The ad lead me to the local television station site with a banner to the subprime lender. The car lender site led me to [...]
Should I Lease My Next Vehicle?: Searching for that perfect car or truck is not such an easy task anymore. Every auto dealer has a special deal just for you — and that deal is not all that easy to understand. Before you go shopping for your next vehicle, think about whether you want to lease or buy and make sure [...]
Auto Loan Modifications From Auto Relief Group, Consumers Call Them a Scam: Here is a comercial from an entity that advertises themselves as the Auto Loan Reduction Center. The problem is, after searching, I can’t find any company really named the Auto Loan Reduction Center. – Source. And quite frankly, I’m not surprised. Get the Flash Player to see this content. Lately I’ve noticed more advertisements and [...]
When You Can’t Make Your Vehicle Payments: If you find yourself unable to make your vehicle payments, you’ll want to act quickly. In most states, if you miss a payment, whether you have bought or leased the vehicle, the lender has the right to repossess it almost immediately. Here are some strategies to consider when your vehicle payments become too much, including [...]
Will Many Debt Settlement Marketers Start Selling Extended Warranty and Vehicle Service Contracts?: I have to tell you I have the greatest readers in the world. Before I even have time to find the next area of concern, generally someone sends it to me. If you have a tip you want to share, send it to [email protected] Vehicle service contracts or extended auto warranties have come under fire [...]
Bad Credit Car Loan Marketing Company, Direct Marketing Associates, Settles Charges With FTC: A marketing company that solicits prospective customers for automobile dealers has agreed to settle Federal Trade Commission charges that it falsely told low-income and “credit-challenged” consumers that they were pre-approved for auto loans and improperly obtained their names from a consumer reporting agency. According to the FTC, the company prepared sales solicitations for automobile dealers [...]