Latest Posts
Home > Debt Relief Industry > Business Models (page 4)

Business Models

Consumer Debt Restructuring is Not a Magic Solution. Still a Target of Regulators.

Screen Shot 2011-07-27 at 1.07.39 PM

Just a quick word of advice. Seems like chatter is heating up about something called Debt Restructuring and is being pitched as some cutting edge tool to help people out of debt. Debt Restructuring This press release sent in by a reader caught my eye. Las Vegas (OPENPRESS) July 26, 2011 – The debt settlement industry has been in sort ... Read More »

Debt Eye Tries to be The Automated Debt Relief Solution for All. Swing and a Miss.

Screen Shot 2011-07-27 at 12.10.50 AM

When I heard about Debt Eye I perked up. Was this finally going to be the first debt relief company to provide a low cost solutions for people to create their own debt management plan and offer other solutions to get out of debt? If so, this could be a total game changer and would put a lot of debt ... Read More »

FuckYourBills.com – Author = Satan. I’m Not Kidding.

Information Agent CA

I flat out love my readers. They send me the most amazing tips. Today a tipster (send in your tips here) reported in about an advertisement they saw. F..K Your Bills More bills & debt than you can pay? “F..k your bills” No need to pay. www.screwyourbills.com/prelaunch/svideo/ So of course I had to go check that out. ScrewYourBills.com is owned ... Read More »

CCCS Now Offered by IAPDA as an Additional Certification

A tipster (send in your tips here) told me that the International Association of Professional Debt Arbitrators is now offering a competency certification called the Certified Credit Counseling Specialist (CCCS). This new training module is available to current members for no additional cost. We have also evolved by offering a complete debt relief education to our members and a second ... Read More »

Nationwide Support Services and Legal Helpers Debt Resolution Employee Speaks Out

justball-144x125

The following guest post was contributed by an employee of Nationwide Support Services that handled Legal Helper Debt Resolution Accounts. They wanted to speak out anonymously to better help consumers understand the realities of the process. Any highlighted text has been added by me to make some key points stand out. If you would like to contribute a guest post, ... Read More »

Veritas Assurance Group Announces Full Legal Protection to All Consumers in Any Debt Settlement Program. No Need for an Attorney Debt Settlement Company Anymore.

justball-144x125

This is finally public and it might be a great asset to all performance based debt settlement companies that would like to provide legal protection to their clients. It’s a big advantage for consumers since they can now get access to legal protection while in a debt settlement plan without having to pay an attorney firm all those advanced fees ... Read More »

Do You Think the Attorney Model of Debt Settlement is Still a Loophole? – Chris

justball-144x125

“Hey Steve, I currently work in the Debt Relief Industry for a Company who provides Debt Management, Debt Settlement, and Bankruptcy. As of right now our Company provides an Attorney Model Debt Settlement program. We charge 15% of the enrolled debt which is spread out evenly over the entire payment plan. We also conduct a face to face consultation with ... Read More »

Debt Settlement Business Consultant Willing to Help Debt Settlement Companies for Free

justball-144x125

Scott Johnson, a guy that has a great analytical mind when it comes to running a debt settlement company, has agreed to field questions and provide free advice for debt settlement companies that are looking for tips and ideas on running a debt settlement company. This is a great opportunity to ask a professional in the trenches for advice on ... Read More »

Looking Forward and Planning How to Run a Successful Debt Relief Company

justball-144x125

The following guest post was contributed by Scott Johnson. Scott Johnson, CEO of US Debt Resolve & USDRINC. Scott has testified at both the state and federal level, participating as a panelist for the FTC debt settlement workshop in 2008 and TSR 2009. If you would like to contribute a guest post, click here. 2012 & The 5 Year Business ... Read More »

“Gullible Americans” Targeted by Canadian Call Center for Debt Settlement Services

Not too long ago I wrote about two companies, EMA Nationwide and New Life Financial Solutions. It appeared that the call center for these companies was actually located in Montreal, Canada. New Life Solutions was recruiting new sales representatives to sell consumers a service that would charge them thousands of dollars to evaluate their financial situation and then refer them ... Read More »

Legal Helpers Debt Resolution Contract Review. Is This Really The Best Deal Possible?

A tipster (send in your tips here) sent in a copy of what appears to be an agreement between a consumer and Legal Helpers Debt Resolutions Services. – Source What follows are just my observations of some of the pages of this agreement. You may view the entire agreement here. Click on image for larger view. The budget looks especially ... Read More »

Some Credit Counseling Groups Not Optimistic About Future. Looking to Merge.

justball-144x125

So much of the past year or so has been directed towards the debt settlement world. The credit counseling world has just be slowly ticking away and watching their funding shrink from creditors. Funding may be shrinking even more now that the U.S. government is looking for places to cut back. Significant cuts in funding for HUD housing counseling are ... Read More »

Debt Settlement Companies Poised to Eat Credit Counseling for Lunch. What a Difference a Day Makes.

justball-144x125

It’s funny how a little thing like the FTC telemarketing sale rules can lead to change and eventually revitalize an industry. Last year I wrote and talked about how the debt settlement industry needed to expand their horizons with a combined debt management plan (DMP) and settlement approach. They could focus on settling some debts quickly, earning revenue, while parking ... Read More »

How Settlement Companies Can Maximize Income and Have Happier Clients by Teaching People How to Settle Their Own Debts

justball-144x125

Charles J. Phelan has been helping consumers become debt-free without bankruptcy since 1997. A former senior executive with one of the nation’s largest debt settlement firms, he is the author of the Debt Settlement Success Seminarâ„¢, an 8-hour audio-CD course that teaches consumers how to choose between debt program options based on their financial situation. The course focuses on comprehensive ... Read More »

Century Mitigations Announces Debt Settlement Getting Into Credit Counseling

Century Mitigations

This is the second time today I’ve seen the message that debt settlement companies are embracing credit counseling and going to start offering that service. The first mention was about a presentation by The Association of Settlement Companies (TASC) regarding training that was going to be offered to its members. State and Federal Compliance: How to Market and Sell Safely ... 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.