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Tag Archives: Noteworld

Veritas Legal Plan Drafts Through Global Client Solutions and NoteWorld

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The following guest post was contributed by Sean Ryan Managing Partner- Veritas Assurance Group- [email protected] If you would like to contribute a guest post, click here. Veritas Legal Plan offers the only legal plan created exclusively for the debt settlement industry. The plan hires and pays 100% of attorney fees to defend creditor lawsuits! Now, Veritas Legal Plan is proud ... Read More »

NoteWorld Hit With Class Action RICO Suit

Thanks to a tipster (send in your tips here) we discover that NoteWorld was just hit with a lawsuit on behalf of consumers against Noteworld, LLC (“Noteworld”), claiming the Tacoma, Wash. company has violated the Racketeer Influenced and Corrupt Organizations Act (“RICO”) by engaging in a conspiracy to defraud consumers by extracting exorbitant fees from trust accounts related to useless ... Read More »

Consumer Debt Restructuring 101: What It is and Why You Should Avoid It

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In my previous article on Debt Restructuring I mentioned it was not a magic solution. So let’s look deeper into what all of this is about. Diving Deeper into Debt Restructuring The minute a debt relief product can’t be easily explained in 30 seconds, the more my radar goes off. That’s exactly what happened when I started looking more closely ... Read More »

I Fell for the Safeguard Financial Scam. How Do I Get My Money Back From NoteWorld? – Barbb

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“Dear Damon, I fell for the Safeguard Financial scam, found it was a scam through Steve’s site. I called my bank to cancel the Noteworld debit withdrawals, and will receive a refund of what they had left in my acount. Am wondering what else I should do. I am willing to sacrifice the thousand or so I lost just to ... Read More »

Target List of Debt Settlement Companies in Washington

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Yesterday I published a story about The Scott Law Group in Washington that had just obtained a $1.5 million judgment personally against the owners of a now defunct debt settlement company, Debt Relief USA. Here is the current list of companies they are currently involved in debt settlement litigation against. Alliance8, Inc Amerix Corporation Ascend One Corporation CareOne Services, Inc ... Read More »

I Signed Up With Lifeguard Financial-FBL Associates-Noteworld. How Do I Get Out? – George

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“Dear Damon, I signed up with a debt settlement company two years ago. I signed up for a three year program with Lifeguard Financial/FBL Associates/Noteoworld. I have paid $445 for the past 24 months. They tokk over $8000 in fees of the $9500 I paid. The latest was on June 2, 2011 for $1400 for provider activation dee and $395 ... Read More »

Debt Relief Companies Targeted by Scott Law Group in Washington

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In response to an article I posted yesterday here in which I mentioned Darrell Scott, Esq. said he was going after 16 settlement companies, a reader sent in the actual list of companies. The tipster (send in your tips here) said: “The Scott Law Group, P.S. is currently involved in debt settlement litigation involving the following companies:” Ascend One Corporation ... Read More »

Global Client Solutions Said to Be One of the Initiators of The Concept to Evade Debt Adjuster Statutes

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Recently the Washington State Supreme Court issued a killer ruling which labels Global Client Solutions as a debt adjuster that aids and abets debt settlement companies to evade the Washington Debt Adjuster statute and is civil and criminally liable. You can read the full details on that ruling in Washington Supreme Court Issues Important Unanimous Opinion Impacting Debt Settlement Companies ... Read More »

Report From the TASC Conference. Attendee Sends in Their Notes,

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Just in, an attendee at the TASC conference just held in Las Vegas has sent in their notes of what they felt was the highlights for readers. Get Out of Debt Guy – Twitter, G+, Facebook TASC – THURSDAY BOB LINDERMAN: GENERAL COUNSEL OF FREEDOM DEBT RELIEF GOALS AND OBJECTIVES: “THIS IS A CONSUMER CENTRIC, REGULATOR SENSITIVE, BUSINESS FRIENDLY ORG ... Read More »

NoteWorld Involved in Georgia Class Action Case on Debt Adjusting. Raises Bigger Issues.

It seems the issues surrounding if payment processors in the debt settlement world is getting more complicated. This recent class action case is out of Georgia against NoteWorld and Noteworld Servicing Center; Hattie Burke v. NoteWorld. It appears that NoteWorld gets sucked in not because of their actions but because of the actions of who they decided to provide services ... Read More »

So What’s Your Opinion? NoteWorld Sales Assistance Seminar.

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A tipster (send in your tips here) sent me a recent email that was sent out by NoteWorld with the following comment, “Come on Noteworld, you can’t claim to be nothing more than a “payment processor”, yet hold webinars teaching DSCs how to market. Noteworld confuses me.” So What’s Your Opinion is a series that invites readers to post their ... Read More »

Debt Settlement Employee Sends in a Question and Comments About Companies Going Broke

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A debt settlement employee sent in the following observations using this form: Its true that no CID’s were sent out. But there is a lot of talk about the FTC requesting information on settlements being paid by [an escrow company]. (this is first hand from a company I work for regarding a settlement I negotiated.) I have been in the ... Read More »

Details on Suit Filed Against Legal Helpers Debt Resolution by Illinois Attorney General Madigan

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For the sake of disclosure, everything below is what is alleged in the lawsuit against Legal Helpers Debt Resolution, also known as Macey, Aleman, Hyslip & Searns. The suit kicks attorney model debt settlement and says it is no better than service delivered by a non-law-firm debt settlement provider. LHDR rarely, if ever, negotiates settlements with all of consumer’s creditors. ... Read More »

Reader is Frustrated With Credit Care Corp and P&E Solutions.

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I get a lot of tips and emails from readers. What you will find below is one very detailed email I received from a reader recently that talks about their frustration with a number of companies. The reason I am posting this email is because it is the second time I’ve heard a similar story in two days from two ... Read More »

Hey Debt Settlement Affiliate. You Know The Attorney Network Program We Promoted a Month Ago? Well.

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More than one tipster (send in your tips here) sent in the following email. In itself it is not all that newsy but what struck me is that it was only one month ago that The Attorney Network was bragging about their wonderful affiliate program. See Goooood Mooooorning….Potential Affiliates. The Attorney Network. The irony in the new message is that ... Read More »

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