Tag Archives: debt rx usa

NYC Launches Investigation Into Debt Settlement Companies

This is just out from the New York City Department of Consumer Affairs. And for the record, this is the same thing that is going to happen to companies that get involved in debt restructuring as well. Department of Consumer Affairs (DCA) Commissioner Jonathan Mintz announced today that DCA is issuing subpoenas to 15 debt [...]

Lloyd Ward, Lloyd Ward & Associates, Debt RX USA, and Silverleaf Debt Solutions Hit With Employee Suit

On June 13, 2011 Sabrina Bermudez filed suit against Lloyd Ward, Lloyd Ward & Associates, Debt RX USA, and Silverleaf Debt Solutions. The class action suit alleges the defendants did not pay proper wages for time worked. The suit alleges the following facts. Defendants specialize in selling and/or providing a variety of debt solution products [...]

Another Debt Settlement Company Sued for Failing to Pay Proper Wages. Debt RX USA, Silverleaf Debt Solutions

In what seems like a recent trend, yet another couple of debt settlement companies have been hit with a lawsuit for allegedly failing to pay proper wages to employees. The other recent case was against ABC Debt Relief, The Debt Answer and Lloyd Ward & Associates, a law firm. In this case, Randy Abbe filed [...]

I Was Working With Debt RX USA. They Promised Me 40% Settlements But I’m Being Sued. – Amanda

“Dear Steve, I contracted with DebtRxUSA to work through debt settlement. I was promised at least at 40% setttlement on my 2 credit cards. It has been an uphill battle with them to get them to respond to my questions and concerns, return phone calls and emails, and my creditors are telling me they will [...]

Minnesotta Attorney General Misses Key Point in Suit Against Firms

Yesterday Debt Rx USA, FH Financail Services, Morgan Drexen, Pathway Financial Management, and State Capital Financial were all sued by Minnesota Attorney General Lori Swanson for services they had delivered. MPR had the following story about the event. /* Swanson seems surprised that debt settlement companies do not deliver on the services they promise. “They’re [...]

Debt Rx USA, FH Financail Services, Morgan Drexen, Pathway Financial Management, and State Capital Financial – All Sued By Minn. AG for Debt Settlement Services

Minnesotta today sued six debt settlement companies for overcharging consumers and operating illegally in Minnesota. The companies are: Debt Rx USA, FH Financail Services, Morgan Drexen, Pathway Financial Management, and State Capital Financial. The state attorney general sued six out-of-state debt settlement companies Thursday for alleged violations of Minnesota law that left consumers already struggling [...]

With Debt Rx USA I Have Had a Miserable Time and I Question Their Legitimacy. – Ralph

Ralph 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 [...]

Can You Direct Me To a Legit Debt Settlement Company? – Barby

Barby 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 [...]

I Am a College Grad With Debt and Working With Debt RX. Should I? – Luke

“Dear Steve, I am a college grad, with 3 credit cards totalling around $18,000 of debt. I enrolled with Debt RX in March/April of 2009 and have still not settled with any of the cards. They have been good about answering my phone calls and responding to emails, but don’t know if this usually takes [...]

Please Review This Debt Rx USA Marketing Material for Me. – Jeannie

Jeannie 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 [...]

Debt RX USA Debt Settlement Company Consumer Complaint

Mr Gonzalez uploaded the following BBB complaint to me through the file upload section of the GetOutOfDebt.org site. I have no inside knowledge of this case and the only reason I am republishing it here is because it brings up other complaints that I have heard from others regarding some common issues with unhappy consumers [...]