From How to Get Out of Debt

Loyal readers may have observed that I routinely never mention IAPDA, the International Association of Professional Debt Arbitrators (IAPDA) or even mention that a company may display their logo as being a member. It’s not that I’ve not noticed their logo displayed on sites, it’s that many in the industry have disparaging things to say [...]

Read the full article at GetOutOfDebt.org, click here: International Association of Professional Debt Arbitrators – IAPDA Certification Exposed

From How to Get Out of Debt

I previously wrote about a press release from a different debt settlement company that used a quote from the Federal Trade Commission Chairman to support debt settlement. I debunked the comment by putting it into context. You can read “Good Example of Twisting Information in Favor of Debt Settlement“. Well I just found out that [...]

Read the full article at GetOutOfDebt.org, click here: Debt Settlement USA Using Quote from FTC Chairman to Endorse Debt Settlement

From How to Get Out of Debt

Debt Settlement USA was nailed today on MSNBC as an alleged scam. Three years ago, Kopycinski was told by several advisers that he should file for bankruptcy. His finances were a wreck. He held $35,000 in credit card debt and was on the hook for a car loan that he’d co-signed for a family member. [...]

Read the full article at GetOutOfDebt.org, click here: Debt Settlement USA Nailed on MSNBC With Debt Settlement Victim

From How to Get Out of Debt

Shawna 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 [...]

Read the full article at GetOutOfDebt.org, click here: How Do or Can I Settle My Debts on My Own? – Shawna

From How to Get Out of Debt

Here is an interesting legal case that was filed on March 26,2010 against Debt Settlement USA. Former Debt Settlement USA clients, the Leber’s went bankrupt. The Chapter 7 trustee took a look at their situation and sued Debt Settlement USA claiming that Debt Settlement USA breached its contractual obligations to the Lebers’ and failed to [...]

Read the full article at GetOutOfDebt.org, click here: Debt Settlement USA Sued by Bankruptcy Trustee for a Lot of Money

From How to Get Out of Debt

Please share your experience with this debt relief company and provide your review and feedback, in the comments section below. The goal of this page is to allow people to share information that may be important to help others to make a more informed decision regarding their experience with this debt relief company. Here are [...]

Read the full article at GetOutOfDebt.org, click here: Debt Settlement USA – Scam, Complaint, Review, or Praise?

From How to Get Out of Debt

This is a guest post by Kenneth Long, President of Fiscal Progress. If you would like to submit a guest post for publication, just send me an email to guestpost@getoutofdebt.org. Steve On September 25, 2008 the Federal Trade Commission (FTC) held a public workshop to explore the for-profit debt settlement industry. Panelists representing debt settlement [...]

Read the full article at GetOutOfDebt.org, click here: Regulation of Debt Settlement Companies Looming

From How to Get Out of Debt

“Dear Steve, I am 29 years old and 2 children and my wife. I am into too much debt that I am considering filing for chapter 7 bankruptcy. I owe 30,000 dollars in credit card debt. I have a mortgage of 98,000, a car loan, and a student loan. I am not behind on payments [...]

Read the full article at GetOutOfDebt.org, click here: Should I Go Bankrupt or Do Debt Settlement? – Endeudado

From How to Get Out of Debt

Cathy 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 [...]

Read the full article at GetOutOfDebt.org, click here: I’m in a Debt Settlement Program and Getting Sued by My Creditors. – Cathy

From How to Get Out of Debt

My friend Damon Day recently did a contract review for a client of his who was tangled up with the debt settlement company, Debt Settlement USA. Damon’s review didn’t pull any punches and I thought his catch of the discrepancy in the fees charged and the time to complete the program was brilliant. When I [...]

Read the full article at GetOutOfDebt.org, click here: Debt Settlement USA Review. Not Pretty.

From How to Get Out of Debt

In a move that could be a very interesting trend setter, the state of Vermont has forced two debt settlement companies to refund all fees paid by state residents. While Vermont is a small state and not a whole lot of residents worked with these two companies, it is an interesting approach by a state [...]

Read the full article at GetOutOfDebt.org, click here: Big News in the Debt Settlement World. Vermont Kicks Debt Settlement USA and Financial Freedom of America Ass.

From How to Get Out of Debt

Subpoenas Fourteen Debt Settlement Companies and One Law Firm in Connection with Probe Debt Settlement Companies Often Charge Huge Fees for Misleading Plans, Suggest Selling Blood Plasma to Raise Funds, and Leave Consumers in Worse Financial Shape NEW YORK, NY (May 7, 2009) – Attorney General Andrew M. Cuomo today announced a nationwide investigation into [...]

Read the full article at GetOutOfDebt.org, click here: New York Attorney General Announces Nationwide Investigation Into Debt Settlement Industry