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Debt Relief Industry

U.S. Debt Settlement Companies, Vortex Debt Group and Cambridge Life Solutions, Targeting Canadians

Cambridge Life Canada

News out of Canada says that troubled Vortex Debt Group from Florida, and Cambridge Life Solutions out of California are now targeting Canadians with advanced fee debt settlement that is now illegal in their home country. From what I see in the Cambridge Life Solutions pitch they simply took the U.S. pitch and stuck a red maple leaf on it ... Read More »

    Debt Relief Scammer, Sovereign Citizen Unto Himself, Headed to Jail. TN Attorney Fell for His Debt Renegotiation Scheme.

    A Tennessee businessman, Charles McKuhn, Jr. was found guilty of scamming consumers and churches out of advanced fees for debt reduction, debt consolidation and foreclosure prevention services. McKuhn had claimed his company Taurian Worldwide, Inc. (TWI) has some arrangement to use government bailout dollars to assist people in financial trouble. He also continued his ruse through Interstate Capital Trust, Commercial ... Read More »

      Steve Rhode is a Scam and Sucks


      I thought it was important to have one article on this site I could point my detractors to instead of having to say the same thing over and over again to some commenters. So here is the article. First of let me say, I am not a scam and if you feel the site sucks, that is entirely your prerogative. ... Read More »

        Uniform Debt Management Services Act (UDMSA) Proposed Changes Impact Debt Settlement and Credit Counseling

        The UDMSA, the framework some states use for regulating debt relief services, has had some revisions suggested. These changes come from the Uniform Law Commission. Some important parts I noticed: Caps fees for debt settlement; Does not allow the full fee to be taken at the time of an agreement with the creditor or first payment; No setup fee or ... Read More »

          FTC Sues US Mortgage Funding, Debt Remedy Partners,, David Mahler, John Incandela, and Jamen Lachs

          I had heard from multiple tipster (send in your tips here)s over the past ten days about an alleged raid on one or more office in Florida related to some action against U.S. Mortgage Funding. Here are the details of the FTC action against US Mortgage Funding, Debt Remedy Partners,, David Mahler, John Incandela, and Jamen Lachs that was ... Read More »

            Debt Relief Search Trends Continue to Show a Downward Decline

            Debt Settlement Trends

            Recently I wrote about my forecast for a decreasing demand for debt relief services. Here is another part of the puzzle that seems to show decreasing consumer interest in some specific debt relief topics using the Google trends search traffic monitoring tool. The data was filtered for U.S. searches only and as you can see, there are noticeable declines in ... Read More »

              Debt Free Options Catches Eye of Tipster

              Debt Free Options

              A site tipster (send in your tips here) sent in the following statements about Debt Free Options at Doesn’t make sense, they say “…reducing your debt by up to 70%” but then say “beware of debt settlement” Did they use enough BBB logos? So I took a look. Sure enough Debt Free Options does use a lot of references ... Read More »

                Debt Relief Providers to See General Slowdown Until Credit Loosens


                As part of what I’m seeing out in the debt relief world, the demand for debt relief services in general is slowing for everybody in the debt relief space. It’s been interesting to watch credit counseling blame debt settlement, and debt settlement blame bankruptcy and bankruptcy blame everyone for the lower demand for services. I just posted an article on ... Read More »

                  Interesting Approach. Apex Credit. Pay for Credit Repair in Advance and Get Debt Settlement if You Need It.

                  Apex Credit, located in California, has a new twist on selling debt settlement services. Company agrees to provide credit restoration services to (“CLIENT”) under the terms and conditions of this Agreement (the “SERVICE”). The Service consists of credit report cleanup and the negotiation and settlement with creditors of unsecured debt on behalf of the Client if necessary to obtain this ... Read More »

                    Hutton & Dougherty. An Interesting Approach.

                    A tipster (send in your tips here) brought a company called Hutton & Dougherty to my attention.The company is actually Hutton-Dougherty, Inc, a California corporation. Douglas Scott Hutton is an officer and Gerard M Dougherty is the registered agent. – Source. Gerard Dougherty is a lawyer in California. – Source. It does not appear that Hutton is a lawyer. He ... Read More »

                      Consumer Financial Protection Bureau. Amazing Website. Loaded for Bear.


                      The new Consumer Financial Protection Bureau (CFPB) website is up and interested people can subscribe to updates by visiting it. Visit Even from their featured logo you can tell they plan to be the cop on the financial beat. The enforcement chief of the CFPB is Richard Cordray. Cordary has already indicated he plans to come out swinging with ... Read More »

                        Credit Answers Loopholing TSR With the Catalog Approach?

                        Credit Answers Approach

                        Recently I published a couple of articles on the Debt Mediation Initiative approach used by Credit Answers. See this article, and this one. What I had neglected to publish previously was something a great tipster (send in your tips here) had sent in showing how Credit Answers was continuing to collect monthly fees for services from month one after the ... Read More »

                          Liberty Debt Consultants, Trying to Old Defective Novation Approach Yet Again

                          A tipster (send in your tips here) brought a site for Liberty Debt Consultant to my attention. It appears they are attempting to use the old “we’ll take over your debt” or novation approach. The process begins when our principle company actually assumes the liability of your debt using an official notarized document. – Liberty Debt Consultants Only one problem ... Read More »

                            Credit Answers Still Pushing Debt Mediation Initiative. USOBA Kicks Them Out.

                            Credit Answers Mailer DMI

                            A tipster (send in your tips here) sent in the following mailer that went out recently to consumers. It is another version of the Credit Answers mailer I covered in Credit Answers Hides Behind DMI Mailer to Consumers. The mailer included a link that led to a web page that used the USOBA logo as you can see in the ... Read More »

                              DebtOne Financial Solutions and EnDebt to Pay GA Nearly Half Million in Fines


                              Hat tip to a wonderful tipster (send in your tips here) for a heads up on this one. EnDebt, LLC, doing business as DebtOne Financial Solutions, LLC, and EnDebt’s owner, Eric Delariva, were ordered by a Fulton County Superior Court Judge to pay fines and restitution for a series of violations of Georgia’s Fair Business Practices Act as well as ... Read More »

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