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Tag Archives: debt rx usa

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 created Debt RX USA, LLC ... Read More »

NYC Launches Investigation Into Debt Settlement Companies

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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 settlement companies, all of which ... Read More »

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

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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 and services, including debt settlement ... Read More »

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 suit against Debt RX USA ... Read More »

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

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“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 not deal with them. After ... Read More »

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 very slick at what they do,” ... Read More »

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

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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 their debt in worse ... Read More »

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

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Ralph “Dear Steve, I am curious of your experience with Debt rx Usa. I have had an absolutely miserable time with them. In fact I don’t get the Jerry MaGuire approach at all, it’s more like a cork in the ocean feeling. I question the legitimacy of this group. In a nutshell, Since I have joined up with this “Company”, ... Read More »

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

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Barby “Dear Steve, Hey Steve, My husband and I just bought a house and then (of course) I lost my job (salary of $38,000). While I am currently out job searching, I am using my half of the savings to pay my half of the bills. My husband pays the mortgage/utilities/phone/etc. & my responsibilities are gas/groceries/debt. I am paying about ... Read More »

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

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“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 this long. I am still ... Read More »

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

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Jeannie “Dear Steve, Debt RX USA sounded too good to be true, started researching reviews and found your site. any advice? am forwarding the letter I receuved from them after our phone call. am glad I did not sign up with them. Jeannie” Don’t miss our free Get Out of Debt – “How To” Guide Series on a number of ... Read More »

Debt RX USA Debt Settlement Company Consumer Complaint

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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 and some debt settlement companies. ... Read More »

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