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Tag Archives: colorado

Freedom Debt Relief Out of Colorado

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A tipster (send in your tips here) alerted me to the fact the State of Colorado is now reporting that as of July 1, 2013 Freedom Debt Relief has had their license cancelled or revoked and reports a disciplinary action. Apparently, Freedom is no longer allowed to enroll new Colorado clients, or collect fees from new OR EXISTING Colorado clients. ... Read More »

Debt Relief Companies Registered in Colorado Shows Little Registration Activity

A reader and tipster (send in your tips here) sent in a current list of debt management companies that are registered to offer debt management services. What surprised me in looking over the list was how few registrations there actually were, in the past 16 months, since January 1, 2011. The list of providers says only the following companies have ... Read More »

Investment Fraudster Defrauds Over 200 Out Of $14 Million

Bradley Stark, the fraudster defendant who represented himself at trail was convicted by a federal jury for deceiving investors about an investment scheme that involved more than 200 victims and more than $14 million. Following Stark’s five-day trial he has been convicted on all counts of an indictment charging him with seven counts of wire fraud and one count of ... Read More »

Fewer Than Ten Percent Get Out of Debt With Credit Counseling or Debt Settlement Companies

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I previously wrote an article The Truth About The Failure Rates and Completion Rates of Credit Counseling, Debt Settlement, and Bankruptcy. Some people scoffed at my findings and said they could not possibly be true, but they are. Fewer than 10 percent of consumers completed their agreements with Colorado debt-settlement and credit-counseling companies, by either paying off or settling all ... Read More »

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