Tag Archives: cni
- NoteWorld Hit With Class Action RICO Suit
Thanks to a tipster we discover that NoteWorld was just hit with a lawsuit on behalf of consumers against Noteworld, LLC (“Noteworld”), claiming the Tacoma, Wash. company has violated the Racketeer Influenced and Corrupt Organizations Act (“RICO”) by engaging in a conspiracy to defraud consumers by extracting exorbitant fees from trust accounts related to useless [...]
- Target List of Debt Settlement Companies in Washington
Yesterday I published a story about The Scott Law Group in Washington that had just obtained a $1.5 million judgment personally against the owners of a now defunct debt settlement company, Debt Relief USA. Here is the current list of companies they are currently involved in debt settlement litigation against. Alliance8, Inc Amerix Corporation Ascend [...]
- CNI – Century Negotiations Wants to Raise My Fees. – Honeylou
“Dear Steve, I just received a letter from CNI regarding increasing their monthly fees (see attached), is this even possible?. I have been with CNI for 4 yrs and they closed 2 of my smaller accounts. The big debt that I have is still hanging and CNI told me that I need to grow my [...]
- Report From the TASC Conference. Attendee Sends in Their Notes,
Just in, an attendee at the TASC conference just held in Las Vegas has sent in their notes of what they felt was the highlights for readers. @GetOutOfDebtGuy TASC – THURSDAY BOB LINDERMAN: GENERAL COUNSEL OF FREEDOM DEBT RELIEF GOALS AND OBJECTIVES: “THIS IS A CONSUMER CENTRIC, REGULATOR SENSITIVE, BUSINESS FRIENDLY ORG THATS GOING TO [...]
- NoteWorld Involved in Georgia Class Action Case on Debt Adjusting. Raises Bigger Issues.
It seems the issues surrounding if payment processors in the debt settlement world is getting more complicated. This recent class action case is out of Georgia against NoteWorld and Noteworld Servicing Center; Hattie Burke v. NoteWorld. It appears that NoteWorld gets sucked in not because of their actions but because of the actions of who [...]
- Let’s See if We Can Figure Out the Players in This Legal Helpers Debt Resolution Marketing Pitch
I just published a story about Legal Helpers Debt Resolution being hit with a class action suit in Washington. And then in my inbox lands an email with the Legal Helpers Debt Resolution marketing pitch. I’ve covered something like this before and I’d pass writing about it again but in light of the new class [...]
- Tipster Wonders, How Does Legal Helpers Debt Resolution Avoid Legal Fee Splitting?
Thanks to all the great readers, I get the most amazing tip emails and items. Today I received one from a reader who raised some interesting questions. The folks at Legal Helpers Debt Resolution seem to be a very smart group of people but the tipster and others have concerns about their model. The issue [...]
- CRL Makes an Excellent Case for a Debt Settlement Fee Ban. CNI Doesn’t.
A flurry of letters have been flying into the FTC to attempt to influence them to allow debt settlement companies to collected fees before debts are settled. Here are two of the most interesting exchanges. The first comes from Century Negotiations, Inc. It happens to be the company of the TASC Executive Director Dave Leuthold [...]
- Genisis Financial Sent Us to CNI for Debt Settlement. I’m Worried About Student Loans. – Gregory
“Dear Steve, 25 years at Boeing, owned house but sold it two years ago. Broke even but was left with 30, 000 in debts. Went on strike with Boeing that year and enrolled with Genisis Financial. The payments were more than we could handle and they recommended that we do debt settlement with CNI. Have [...]
- I Contacted Debtmerica for Debt Settlement Services but Got a Contract Saying CNI Century Negotiations. – Stephanie
“Dear Steve, I want to consolidate/settle 3 credit cards. All equal less than 10k. I have been recommended to go through debtmerica and contacted a representitive. I just gave him the information, and the next day, I got a quote. It seems too good to be true. I would be paying 200/month for approx 25 [...]
- I’m in a Debt Settlement Program with CNI and I Got Sued by Amex. They Told Me to Ignore It. – Mary
Mary wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]