From How to Get Out of Debt

At the Federal Trade Commission’s request, a federal court has banned eight companies and their principals from selling credit repair and mortgage relief services, and ordered them to pay more than $7.5 million for deceiving consumers throughout the United States. In February 2009, the FTC charged seven of the companies and three officers with making [...]

Read the full article at GetOutOfDebt.org, click here: Federal Debt Solutions and a Bunch of Others Banned by the FTC

From How to Get Out of Debt

The Division of Consumer Affairs has mailed notices of violation to nine New Jersey-based companies that allegedly offered loan modification services to consumers without being licensed. The nine companies each were cited for violating the state’s Consumer Fraud Act for engaging in unconscionable commercial practices by allegedly offering to negotiate mortgage modifications without being licensed [...]

Read the full article at GetOutOfDebt.org, click here: Nine Companies in NJ Slammed for Offering Mortgage Loan Modification Help

From How to Get Out of Debt

A Final Consent Judgment has been entered against the defendants sued by the Office of the Attorney General in New Jersey and its Division of Consumer Affairs for allegedly offering credit repair and credit counseling services that consumers paid for but did not receive. Defendants United Credit Adjusters, Bankruptcy Masters Corp., United Counseling Association, Inc., [...]

Read the full article at GetOutOfDebt.org, click here: Credit Repair and Credit Counseling Firms Banned From New Jersey