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The Franklin Group – Consumer Complaint – 5-25-2012

Consumer Statement: I contracted with the Franklin Group to help prepare my husband and my credit. Our bank account is drafted each month for $99. The first month we paid $199.00 down. The site they sent us to to order our report charged a monthly monitoring fee. I delcined. The case manager sent an application [...]

Judgment to be Secured With Cash or Bond in Lloyd Ward Kansas Default Judgment Case

A tipster wrote to me and directed me to a previous case that was filed against Lloyd Ward in Texas as a foreign judgment. Apparently the court in Texas has just ruled that Lloyd Ward, Lloyd Ward PC, Lloyd Ward & Associates and Lloyd Ward Group must deposit $119,000 in cash or bond “which is [...]

Secret Crush Escorts – Consumer Complaint – 5-25-2012

Consumer Statement: I saw this ad and made a inquiry http://losangeles.backpage.com/FemaleEscorts/cute-easy-going-girl-27/22459175 I got a response and was told to fill out a form to schedule some time and was shown the Escort website and receive a email from her agency http://personalserviceprovider.escortfiles.com/home Once I scheduled my appointment I was told to pay a initial fee and [...]

CFPB Appears to Lay Ground Rules to Begin Enforcement in Debt Relief Industry

In a predatory move, the Consumer Financial Protection Bureau (CFPB) has issued a public request for comment over rules that could be used to regulate debt relief industry companies, both for-profit and not-for-profit. The document, “Procedural Rules to Establish Supervisory Authority over Certain Nonbank Covered Persons Based on Risk Determination” has been put out for [...]

Bank of America to Credit Counseling Agencies – It’s Not Me, It’s You

A tipster recently emailed me saying that the inside scoop is that Bank of America is going to start working with fewer credit counseling agencies, or at least stop accepting DMP proposals. Bank of America has been some interesting things recently. Most intriguing is their selected 75%-50 month repayment plan they are offering at 0% [...]

Lloyd Ward Sued by State Bar of Texas – Commission for Lawyer Discipline

Texas attorney Lloyd Ward, as part of Lloyd Ward & Associates, has beed sued by the State Bar of Texas, Commission for Lawyer Discipline over his alleged actions concerning debt settlement activities related to Debt RX USA and Silverleaf Debt Solutions. The complaint, filed on May 23, 2012, alleges that in “June 2008, Michael Miles [...]

Lloyd Ward & Associates – Consumer Complaint – 5-24-2012

Consumer Statement: Contracted with Lloyd Ward and Associates in September 2010 to get out of credit card debt. They have taken my money b/c all the money that goes into your “savings” ends up going directly to them, provided no settlement offers to my creditors, have had lawsuits filed against me, a judgment and my [...]

Connecticut Goes After More Debt Relief Companies

New administrative actions have just been made public against more debt relief companies. Connecticut does not mess around. The new entires made public include: Alliance Mitigation Group The company did not respond to administrative notices sent by the Consumer Credit Division of the Department of Banking. The company was hit with $11,795 in fines and [...]

Is DebtConsolidation.com Smoking Dope?

A company called DebtConsolidation.com just put out a press release making some rather odd statements. They claim they are “a leading information and referral source for debt management and credit counseling” but seem to be instead providing misinformation instead. The reader who sent this to me was most upset by the statement they make, “”There [...]

Financial Management Partners – Consumer Complaint – 5-24-2012

Consumer Statement: I paid them $897.00 and they were to help me reduce the fees on my credit cards, so that I could pay them off quicker. I have asked them repeadely to refund my money and they said they would send it to me. I have never received it. I have tried to call [...]