From How to Get Out of Debt

Last Thursday it was announced that Laurentiu Ilian Bulat was arrested yesterday for allegedly participating in a fraud ring that stole at least $1.5 million from HSBC customer bank accounts by installing “skimming” devices on more than 40 ATMs in Manhattan, Long Island, and Westchester, New York. According to the Complaint since May 2011, the [...]

Read the full article at GetOutOfDebt.org, click here: Romanian Citizen Busted For $1.5 Million Fraud Ring Of HSBC Customers

From How to Get Out of Debt

“Dear Steve, I have an account with hsbc I could not afford the crazy interest rates they imposed on me So I was paying what I could and they closed my Account, I want to commit to a repayment plan but They refuse to talk! What should I do? I am a government worker and [...]

Read the full article at GetOutOfDebt.org, click here: I Want to Pay HSBC But They Won’t Take My Money. – Steven

From How to Get Out of Debt

“Dear Steve, Hi, I have two HSBC credit cards and total balance of both cards about USD3600. I was a student back then, and now, I left USA for good to return to my hometown. However, I dont have a permanent job and my salary is about usd600 monthly. I couldnt pay my credit cards [...]

Read the full article at GetOutOfDebt.org, click here: Will HSBC Honor the Settlement They Agreed To? – Juliana

From How to Get Out of Debt

“Dear Michael, Have an HSBC CREDIT CARD, have paid almost $237 in interest on a debt of $710, want to settle, make an arrangement, not in default, but in current status, how can I go about submitting an offer, to whom should I contact to settle the debt for less than the amount that is [...]

Read the full article at GetOutOfDebt.org, click here: How Can I Settle My HSBC Credit Card. – Scott

From How to Get Out of Debt

by Paul Kiel, ProPublica Pamela Jeter of Atlanta, Ga., has been trying to get a mortgage modification for more than two years. She seems like an ideal candidate. She has shown she can stay current with a reduction in her monthly mortgage payments. Everybody would seem to win. Even the investors who ultimately own her [...]

Read the full article at GetOutOfDebt.org, click here: Lawsuit Reveals How a Middleman Is Blocking Mortgage Modifications for Homeowners

From How to Get Out of Debt

HSBC, “The World’s Local Bank,” is getting a lot of local and state-wide criticism today as suits are being filed against them for their poorly explained and ill-marketed “Payment Protection Plan”. Those especially impacted by this were wrongfully targeted and unqualified recipients of this plan including, retirees, people already on disability and part-time employees. – [...]

Read the full article at GetOutOfDebt.org, click here: HSBC Gets Some Heat Over Ill-Marketed Payment Protection Plan

From How to Get Out of Debt

According to some of my debt settlement friends with the AACC, this HSBC dirty trick is real and they’ve seen evidence of it. It is alleged that HSBC has been setting consumers up to fail on their debt settlement programs, including those put forward by lawyers. The complaint says HSBC agrees to a debt settlement [...]

Read the full article at GetOutOfDebt.org, click here: Is HSBC Screwing Consumers in Debt Settlement?

From How to Get Out of Debt

The following is a press release from the credit or debt world. The publication of this release by this site is not an endorsement of the release. New York, NY (PRWEB) August 20, 2010 On August 17, 2010, attorney Susan Chana Lask filed a Federal Class Action Complaint on behalf of tens of thousands of [...]

Read the full article at GetOutOfDebt.org, click here: Class Action RICO Suit Alleges Tens of Thousands of New York Foreclosure Frauds Orchestrated by “Foreclosure Mill” Attorney & Banks

From How to Get Out of Debt

“Dear Steve, My wife’s HSBC credit card balance was about $4,600.00. She received a letter in early February, 2010, saying that if she made a payment of $2721.00 (about 60%) they would write off the remaining $1900.00 (about 40%). The letter stated they needed the payment by February 17, 2010. My wife called HSBC and [...]

Read the full article at GetOutOfDebt.org, click here: HSBC Withdraws Settlement Offer. What Can We Do About It? – Scott

From How to Get Out of Debt

Nesie 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: The Repo Man Took My Car for HSBC Bank. – Nesie

From How to Get Out of Debt

Arvin 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 Have an Account With HSBC And They Don’t Want to Settle. – Arvin

From How to Get Out of Debt

Jannelle 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 Fired My Debt Management Company And Now I’m Going to Settle My Own Debt. Should I Hire a Lawyer? – Jannelle

From How to Get Out of Debt

Basil and Amanda Rankie in the UK took matters into their own hands when it came to dealing with MBNA, Capital One, HSBC, and other credit card debts. Using contract law in the UK they were able to get the court to nullify their credit agreements and wipe off their debt. This isn’t a new [...]

Read the full article at GetOutOfDebt.org, click here: New UK Debt Relief Trickery Now Labeled a Scam

From How to Get Out of Debt

Wayne 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: HSBC is Suing Me But I Already Told Them I Can’t Afford Their Minimum Payment. – Wayne

From How to Get Out of Debt

Karen 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 Bought an HP Computer Using Their Credit Card But I’m Being Penalized – Karen

From How to Get Out of Debt

Credit card lenders include Discover Financial Services LLC, Bank of America Corp., Citigroup Inc., JPMorgan Chase & Co., Capital One Financial Corp., American Express Co. and HSBC Holdings have finally come together with the help of the National Foundation for Credit Counseling, Consumer Federation of America and the Financial Service Roundtable to start the process [...]

Read the full article at GetOutOfDebt.org, click here: Banks Agree to Wipe Out Up to 40 Percent of Credit Card Debt But Watch Out.

From How to Get Out of Debt

Europe puts tight controls on £4bn bank offer Times Online, UK - 37 minutes ago At the same time the Prime Minister pledged to take action against companies that force people out of their homes for trivial amounts of credit card debt . ...

Read the full article at GetOutOfDebt.org, click here: Europe puts tight controls on £4bn bank offer