Latest Posts
Home > Debt Relief Industry (page 35)

Debt Relief Industry

Consumer Law Group Sued by Florida Attorney General as a Debt Settlement Loopholer

A tipster (send in your tips here) just sent me a copy of a recent case filed by the Attorney General of Florida against Consumer Law Group, Michael Metzner, David Ran Barnea, Ran Barnea, and Daniel Post. This seems to be an excellent case of the advanced fee debt settlement legal model, unraveling. It was not all that long ago ... Read More »

ExcelDebt Relief Makes Big Claims in Press Release

ExcelDebt Relief put out the following press release yesterday that I thought you’d find interesting. What caught my eye immediately was the claim: ExcelDebt Relief works to “consolidate your credit cards into one low monthly payment and be debt free in twelve to eighteen months without high interest rates,” explains Grace Collins, spokesperson for ExcelDebt Relief. Does anyone else think ... Read More »

How Do I Respond to a Complaint Made About My Company on GetOutOfDebt.org? – Thomas

justball-144x125

Your site says someone tried to contact me about a response to a complaint about my company… I dont have anything from anyone, I respond to all complaints, have nothing to hide and have always rectified every situation. Can you send me what ever it is I need to respond to the complaint, I dont know who is making it. ... Read More »

All About Consumer Recovery Network

Screen Shot 2012-02-12 at 4.29.12 PM

Company Name Consumer Recovery Network Owners/Managers Michael Bovee – CRN President Physical Street Address 110 Main Suite A Sandpoint, Idaho 83864 Contact Information 800-939-8357 [email protected] Website consumerrecoverynetwork.com Description of Services Provided We provide detailed information to those struggling with debt. The comprehensive upfront debt and credit education is supplemented with ongoing information delivered throughout our subscribers experience, and further enhanced ... Read More »

Silverthorn & Lupolover Advanced Fee Canadian Debt Settlement Contract Review

Silverthorn & Lupolover Contact2

A reader has sent in a contract for advanced fee debt settlement services from Silverthorn & Lupolover, LLP in Canada. I thought it would be interesting to take a look at what is being sold in Canada with this partnership of an American and Canadian attorney firm Mark Silverthorn – Canada and Michael Lupolover – U.S.). The copy of the ... Read More »

Citizens’ Debt Settlement Fund Pays to Settle Debts of Citizens in UAE

UAE President

President His Highness Sheikh Khalifa bin Zayed Al Nahyan of the United Arab Emirates has just announced a national $2,722,600,000 fund for low-income debtors to use to settle their debts with a number of UAE and Dubai lenders. This fund will allow people to be able to settle their debts rather than face prosecution and jail time as they have ... Read More »

SpringCoin Rolls Out Automated Debt Advice and Debt Relief Coach System

Best Debt Management Program, Personal, Software, Strategy, Financial (20120208)

A reader just sent in this recent press release to share with readers. At $35 a month, if this software lives up to it’s hype and promises it could radically change the debt relief landscape as we know it today. The key is going to be in the operation and how tightly it is integrated into MasterCard RPPS for debt ... Read More »

Debt Relief Information and Innovation – Helping Companies Help Their Customers

justball-144x125

One of, if not the largest shortcoming that exists in the current system designed to provide people struggling with debt an alternative to bankruptcy is – Information. That we have come through the “information age” and fallen short of including more of it in professional debt relief products and servicing is a failing that can and should be fixed. A ... Read More »

A American Debt Consolidation Hit by Louisiana for Missing Bond

A cease-and-desist order has been issued for A American Debt Consolidation on Center Street in New Iberia for allegedly failing to provide the necessary $100,000 bond required for credit repair companies by state law. The order was issued on Jan. 24 by the Louisiana Department of Justice, Office of the Attorney General, Public Protection Division, Consumer Protection Section. The business ... Read More »

Robby Birnbaum Provides Interesting Review of What Went Wrong With U.S. Debt Settlement Industry

Robby Birnbaum, a lawyer with the law firm Greenspoon Marder and an executive with both TASC (The Association of Settlement Companies) and AFCC (American Fair Credit Council) recently participated in an enlightening interview with Richard Cooper from Total Debt Freedom in Canada. Putting the interview into context, with the lobbying and pushing back TASC engaged in against regulation for the ... Read More »

Housing Counselor Sentenced to 72 Months in Jail for Stealing Money to Pay Her Mortgage

Nonprofit housing counselors Lori Macakanja, 35, of Dunkirk, New York, was convicted of mail fraud and theft of government money, was sentenced to 72 months in prison and three years supervised release and ordered to pay $298,639 in restitution to victims. Assistant U.S. Attorney Trini Ross, who handled the case, stated that Macakanja, in her capacity as a housing counselor ... Read More »

Persels & Associates Named in Georgia Class Action With Host of Major Players in Debt Relief

On January 28, 2012 Carla Broyles, Charity Miaco and Melba Walker filed a class action lawsuit in Georgia against Persels & Associates, Ruther & Associates, Freedom Debt Relief, Consumer Law Associates, Amerix, Careone Services, Tiffany Rowe. The suit states it covers all Georgia resident debtors who have done business with Defendants since July 2003 to the present for violations of ... Read More »

Canada Takes Swift Action Against Advanced Fee Debt Settlement Companies

Screen Shot 2012-02-03 at 9.31.38 AM

Dear Alberta and Manitoba, Damn, that was fast. Steve I suppose it sure didn’t hurt have the entire FTC Telemarketing Sales Rule process done and dusted, but Canada is acting quickly to ban advanced fee debt settlement companies. New regulations in Manatobia are effective in 12 days will prohibit any advanced fees charged to consumers before settlement and will limit ... Read More »

Who is Most Likely to Work With a Debt Settlement Company

04-debt-settlement-companies-resize

InsideARM recently released information from an industry survey they conducted regarding what part of the debt collection industry is more likely to work in cooperation with debt settlement companies. They survey 649 creditors, collectors, debt buyers and legal recovery firms to ask about their perception or willingness to work with debt settlement companies. The survey indicated a growing willingness to ... Read More »

Tipster Expresses Concerns About Litigation Compliance Law Center

Litigation Compliance Law Center1

A tipster (send in your tips here) has sent in the following information and expressed the following concerns. I thought I’d just put this out for people to comment on with their opinion of the concerns voiced. Chad Pratt & Stuart Simone attorneys for Real Estate Law center are also Litigation Compliance Law Center marketing to non attorneys to do ... 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.