Latest Posts
Home > Debt Relief Industry (page 32)

Debt Relief Industry

Kansas Says No Exemption to Attorney Debt Settlement Companies

The Kansas Court of Appeals has issued a ruling in the case involving Consumer Law Associates, Persels & Associates, David Herron II, Stanley Goodwin, and Laura Simpson-Redmond. In this case the State of Kansas went after the named parties after receiving some complaints from consumers. The individuals named are licensed attorneys in Kansas but Consumer Law Associates and Persels & ... Read More »

The Debt Relief Most Bizarre Lawsuit of the Year, So Far, Goes to Regner v. Devoto

Yesterday I wrote about how former Lloyd Ward compatriots Kevin Devoto and Lloyd Regner were in the middle of a tiff with Devoto suing Regner. See No Apparent Honor in Debt Settlement. Kevin Devoto Sues Lloyd Regner. Well today comes one of the most odd lawsuits I’ve seen. Frankly this one reads like a movie script. Trust me, it’s worth ... Read More »

The Debt Company. Who Are They?

A tipster (send in your tips here) sent me information about a relatively new website at thedebtcompany.com and alleged it was the new enterprise of someone I’ve written about before. In looking around the website I noticed a number of things and I’d like to get your feedback and opinion on the site. The website says they are located at: ... Read More »

Non-Profit Credit Counseling Service United Financial Systems Signs Florida Judgment

Screen Shot 2012-03-29 at 6.38.51 PM

I’m going to say it, sometimes it does feel good to be proven right. One such example is that of the non-profit credit counseling group United Financial Services run by Christopher Boulahanis. Back in April of 2010 I published a warning, Debt Management Plan With United Financial Systems Runs Off the Rails. And so it did. Between then and now ... Read More »

Tim McCallan Enters Final Judgment With Federal Trade Commission Over Bogus Marketing

justball-144x125

Tim McCallan, of AmeriCorp fame has eneted into a stipulated final judgment and order for permanent injunction with the FTC over the FTC action against McCallan and his company IMM Interactive. A tipster (send in your tips here) just sent in this final order to share with you. The court order covers IMM Interactive, Intermark Communications, COPEAC, Intermark Media, Timothy ... Read More »

Lloyd Ward Mentioned As Alleged Participant in SEC Lawsuit

For some reason I’ve become the lightning rod of seemingly all the Lloyd Ward information out there floating about. For those that are not aware, Lloyd Ward is a Dallas based attorney who first became known to me because of his debt settlement business. I guess since Lloyd Ward decided to egregiously sue my wife and I for articles about ... Read More »

Lloyd Ward Responses in USA Case Against Felon Kevin Devoto Get Even Stranger

This morning I reported on a case where Kevin Devoto sued his business partner Lloyd Regner over an action that involved the companies they owned together, ABC Administrative Services, CRLK, LRKD Auto, R&D Market Development, Regdev, ABC Debt Relief, The Debt Answer. You can read that article here. In that suit filed by Devoto it is alleged that his business ... Read More »

BBB Says Notorious Doug Van Arsdale Still At It With SaveMore.com

The St. Louis BBB has issued the following statement on the reincarnation of Doug Van Arsdale from Credit Solutions of America. More than 1,000 Internet shoppers from across the nation – including dozens from Missouri and Illinois – said they never received discount coupons purchased from the Texas-based daily deal site SaveMore.com. The Better Business Bureau (BBB) says customers from ... Read More »

Non-Profit Credit Counselors Get Into the Bogus Debt Relief Mailer Business

IMAG0137-1

A reader forwarded me the following mailer she received. It is a spinoff of the many bogus debt relief mailers over the past few years. This mailer bears the following identification: Document NPDRA2012 Non-Profit Debt Relief Agency – Pre-Qualification Notice 800-370-9375 Credit Card Accountability, Responsibility, and Disclosure Act of 2009 Claims to be associated with a “Certified Non-Profit 501c3 Debt ... Read More »

No Apparent Honor in Debt Settlement. Kevin Devoto Sues Lloyd Regner

Kevin Devoto and Lloyd Regner have appeared in a number of stories over the years. Generally they were associated with Lloyd Ward in some sort of related enterprise or lawsuit. But the tides have apparently turned. A tipster (send in your tips here) just forwarded to me a suit that was filed in Texas on March 12, 2012 by Kevin ... Read More »

CFPB Getting Ready to Set Rules by UDAAP Enforcement Actions

cfpb

Ballard Spahr law firm has published an article today that indicates the Consumer Financial Protection Bureau is most likely in the midst of conducting active enforcement actions. Their website (cfpbmonitor.com) is reporting: While the CFPB’s choice of initial enforcement targets will undoubtedly be significant regardless of the kinds of violations the CFPB’s alleges, they will take on even more significance ... Read More »

Financial Freedom Processing, Debt Consultants of America and Debt Professionals of America Post Press Release on Victory

justball-144x125

A reader just brought this press release to my attention. Get Out of Debt Guy – Twitter, G+, Facebook Federal Judge Rules in Favor of Financial Freedom Processing, Debt Consultants of America and Debt Professionals of America, Finding that the Federal Trade Commission Failed to Prove its Claims DALLAS, March 21, 2012 /PRNewswire via COMTEX/ — In a stunning rebuff ... Read More »

Sameer Lakhany & Precision Law Center Halted by FTC

justball-144x125

At the request of the Federal Trade Commission, a U.S. district court has halted an operation that took in more than $1 million by allegedly selling homeowners bogus mortgage relief and foreclosure rescue products, including a scam that falsely promised to get help for homeowners who joined others to file so-called “mass joinder” lawsuits against their lenders. This is the ... Read More »

Ohio AG Files Against California Debt Relief Companies Who Did Not Give Refunds

On March 8, 2012 the State of Ohio filed suit against Nelson Gamble & Associates, Jackson Hunter, Morris & Knight, and Jeremy Nelson. The suit alleges that Nelson Gamble & Associates, a Colorado corporation, that said they were actually located at 18101 Von Karman Avenue, 3rd Floor, Irvine, California 92612. and Jackson Hunter Morris & Knight, a Nevada company, was ... Read More »

National Association of Tax Debt Resolution Companies to Hold DC Meeting

Screen Shot 2012-03-20 at 9.33.32 AM

New association conference for tax resolution companies will highlight new challenges and public policy options facing the tax problem resolution industry The inaugural meeting of the National Association of Tax Debt Resolution Companies will be held May 20 and 21 in Washington, DC. The conference will be a chance for industry colleagues to learn about the new challenges facing the ... 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.