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Tag Archives: Senator Rockefeller

Senator Rockefeller Warns Attorneys’ General About Debt Settlement Industry in Email

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Here is a copy of an email that was sent to Attorney’s General to support continued efforts to rein in debt settlement. Dear Mr. Attorney General: As Chairman of the United States Senate Committee that oversees consumer protection, I have been very concerned by the growth of consumer financial scams during the recent economic downturn. I am writing to share ... Read More »

Many Debt Settlement Firms Lie and Defraud People Says Government Report

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Reuters covered the hearing yesterday and published their take on the Senate Hearings on the debt settlement industry. Get Out of Debt Guy – Twitter, G+, Facebook Debt settlement Firms Rife with Fraud: GAO (Reuters) – A big percentage of debt settlement companies lie to and defraud people who contact them asking for help with credit problems, according to a ... Read More »

Senate Hearing on Debt Settlement Industry – April 22, 2010. Ouch! That’s Going to Leave a Mark.

Debt Settlement on Fire

The U.S. Senate held hearings today on the practices of the debt settlement industry. You can watch the entire video of the hearings below. It might be slow in the beginning but take your bathroom break before the halfway point. It gets good and you don’t want to miss a moment of it. Debt Settlement Senate Hearing 4-22-2010 from GetOutOfDebt.org ... Read More »

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