Question:
Dear Steve,
I got talked into going with a group called FDAA, Federal Debt Assistance Association. I know now it was a bad move. What Can I do to get out this and repair my debt problem?
Live off of SSDI and a small pension.
Dennis
Answer:
Dear Dennis,
I know how easy it can be to be talked into a magical debt relief program by a commissioned salesperson.
Federal Debt Assistance Association has raised the radar of myself and the Consumer Financial Protection Bureau (CFPB), click here.
FDAA was sued by the CFPB who said the enterprise was operating as Federal Debt Assistance Association, Financial Document Assistance Administration, Clear Solutions, and included Robert Pantoulis, David Piccione, and Vincent Piccione.
In a separate suit filed against FDAA by former salespeople it is claimed employees “received a salary and commissions based on clients generated for the business.” – Source
To make matters worse it is alleged:
On or around March 15,2017, Plaintiff Johnson went to FDAA’s place of business to get his paycheck. Defendants would not give Johnson his paycheck. When Johnson turned around to leave, Defendant David Piccione grabbed Johnson, assaulting and battering him.
I struggle to comprehend why any debt relief company would try to talk you into buying their product when you are on SSDI and a small pension. Depending on your situation there are faster and less expensive ways to deal with your debt.
If you want to change your relationship with FDAA then you might want to read How to Try to Get a Refund From a Debt Relief Company.
When it comes to what to do next, your options range from contacting the low priced HELPS Nonprofit Law Firm that assists seniors to talking to thinking about maybe even filing bankruptcy to clear your debts and live stress free.
Please post a comment about what you decide to do.
Steve
FDAA question asked.