From How to Get Out of Debt

For those professional readers of the site in the debt relief industry, “Do They Comply” is an old game we’ve played in the past. In this case a debt relief reader wanted me to post information about Nationwide Asset Services to get feedback and opinions from others if this debt relief company was playing by [...]

Read the full article at GetOutOfDebt.org, click here: Nationwide Asset Services – Let’s Play “Do They Comply”

From How to Get Out of Debt

Here is a great example of two sides of the same event. First from the Florida Attorney General, and then from Credit Solutions. Which side do you think was victorious? @GetOutOfDebtGuy Florida Attorney General Press Release Attorney General Obtains Injunction Against Debt Settlement Company ~ Credit Solutions’ unfair fees prohibited by temporary injunction ~ TALLAHASSEE, [...]

Read the full article at GetOutOfDebt.org, click here: Credit Solutions and Florida. Two Sides of The Same Story

From How to Get Out of Debt

Attorney General Bill McCollum today August 20, 2010 that his office has obtained a temporary injunction against Texas-based Credit Solutions of America, Inc., and Credit Solutions of America, LLC. Hillsborough County Circuit Judge Sam Pendino ruled that these companies are prohibited from charging Florida residents an unfair up-front fee for purported debt settlement services. The [...]

Read the full article at GetOutOfDebt.org, click here: Attorney General Obtains Injunction Against Credit Solutions of America

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: Nationwide Asset Services – Scam, Complaint, Review, or Praise?

From How to Get Out of Debt

Below you will find a document that was given to me by a USOBA member with a soul. They sent it to me at tips@getoutofdebt.org. I’ve actually had this for some time and I was giving the United States Organization of Bankruptcy Alternatives (USOBA) multiple chances to release to me a current membership list. After [...]

Read the full article at GetOutOfDebt.org, click here: The Elusive USOBA Membership List Made Public

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

Out of Austin, Texas today comes the following warning to consumers. Two Austin debt-settlement firms have been sued by the Illinois attorney general, which alleges that they use deceptive marketing practices, charge excessive fees and do little to help consumers get out of their financial trouble. The Better Business Bureau of Central Texas has given [...]

Read the full article at GetOutOfDebt.org, click here: SwiftRock Financial Services and Clear Your Debt Slammed in Texas Article

From How to Get Out of Debt

Florida Attorney General Bill McCollum today announced his office has filed two lawsuits on behalf of Florida consumers against five debt settlement-related companies. According to the Attorney General’s lawsuits, the businesses promised consumers they could pay off their debts for a fraction of the amount owed, but instead collected large up-front fees and left customers [...]

Read the full article at GetOutOfDebt.org, click here: Credit Solutions of America and American Debt Arbitration, Debt Settlement Companies, Are Sued by State of Florida

From How to Get Out of Debt

Attorney General Andrew M. Cuomo today announced that his office has won a lawsuit against a national debt settlement company, barring the company from doing business in New York state unless it posts a $500,000 performance bond to protect consumers. The decision also levies nearly $200,000 in penalties against the company for defrauding thousands of [...]

Read the full article at GetOutOfDebt.org, click here: New York Attorney General Wins $200,000 Penalty Against Debt Settlement Company

From How to Get Out of Debt

Nationwide Asset Services, a company under investigation by the New York Attorney General, has disclosed that while Nationwide Asset Services promised consumers debt reductions of between 25 to 45 percent, in fact only 64 customers out of 1,981 actually completed the debt settlement plan. This means that 97% of people that enrolled in the debt [...]

Read the full article at GetOutOfDebt.org, click here: Debt Settlement Company Success Rate Made Public – Sucks

From How to Get Out of Debt

Attorney General Andrew M. Cuomo today announced a new development in his nationwide investigation into the debt settlement industry, filing suit against two debt settlement companies for fraudulent business practices and false advertising. Cuomo filed suit against CSA-Credit Solutions of America, Inc. (“CSA”), based in Richardson, Texas, which is one of the largest debt settlement [...]

Read the full article at GetOutOfDebt.org, click here: New York Attorney General Sues Two Debt Settlement Firms for Deceiving and Harming Consumers