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Tag Archives: Debt Restructure

UK Debt Restructure Scam – Buy My Debt Limited and The Trusted Partnership, Closed by High Court

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Don’t think that scams that prey upon people with debt problems is limited to just the United States. Just recently the High Court in London shuttered a fraudulent debt buyer operation. Readers familiar with some of the debt buyer claims will notice they sound suspiciously familiar to the debt buyer claims in the U.S. Buy My Debt Limited and The ... Read More »

World Law Debt and Others Sued by FTC for Misrepresentation

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The FTC has stepped in and sued some debt relief companies in an effort to get them to stop impersonating federal agencies. This case is important since it targets the claims made by a debt relief agency and requires the claims made to be true. The Federal Trade Commission has filed a complaint in U.S. District Court to halt the ... Read More »

Debt Resolution Group – Consumer Complaint 8-18-2011

Debt Resolution Group Debt Restructure

Date This Problem Happened: August 1, 2010 State You Live in: Kentucky Age Range: 51-65 Total Amount of Fee Paid: $10,000 Company Name: Debt Resolution Group Company Address: Website of Company: debt-resolutions.com Consumer Statement: “I have been dealing with Debt Resolution Group for over a year. They have taken out of my banking account around $10,000. I have called them, ... Read More »

Debt Restructure Sales Script Fails MSTARS SAFTI Checklist

Recently I exposed the debt restructure sales effort in Consumer Debt Restructuring 101: What It is and Why You Should Avoid It. Consumer debt restructure is going to become the next wave of marketing efforts for old advanced fee debt settlement sales operations. Following that article a tipster (send in your tips here) sent me a mandatory disclosure statement from ... Read More »

Consumer Debt Restructuring 101: What It is and Why You Should Avoid It

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In my previous article on Debt Restructuring I mentioned it was not a magic solution. So let’s look deeper into what all of this is about. Diving Deeper into Debt Restructuring The minute a debt relief product can’t be easily explained in 30 seconds, the more my radar goes off. That’s exactly what happened when I started looking more closely ... Read More »

Consumer Debt Restructuring is Not a Magic Solution. Still a Target of Regulators.

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Just a quick word of advice. Seems like chatter is heating up about something called Debt Restructuring and is being pitched as some cutting edge tool to help people out of debt. Debt Restructuring This press release sent in by a reader caught my eye. Las Vegas (OPENPRESS) July 26, 2011 – The debt settlement industry has been in sort ... Read More »

Cyrus Global Says Debt Restructuring is Better Than Anything Else

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A tipster (send in your tips here) sent in a pitch Cyrus Global is sending out information to prospective affiliates/partners promoting that debt restructuring is superior to debt litigation lawyers, debt settlement companies and debt management companies. Has anyone talked to an actual consumer that had a debt buyer that purchased their debt and restructured it for them? I haven’t ... Read More »

Debt Restructure Market Sends Out Affiliate Pitch

Debt Restructure Market

A super tispter sent in the following email being sent out by Debt Restructure Market to find affiliates. A couple of points really caught my eye. I know that NoteWorld is taking great exception to the phrase NoteWorld Approved. NoteWorld does not approve the company model and issues no public statement of approval. The pitch is that affiliates will earn ... Read More »

Hey Debt Settlement Affiliate. You Know The Attorney Network Program We Promoted a Month Ago? Well.

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More than one tipster (send in your tips here) sent in the following email. In itself it is not all that newsy but what struck me is that it was only one month ago that The Attorney Network was bragging about their wonderful affiliate program. See Goooood Mooooorning….Potential Affiliates. The Attorney Network. The irony in the new message is that ... Read More »

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