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Will My Credit Report Ever Get Updated From the Hess Kennedy Debt Settlement Mess? – Josh

“Dear Steve,

So 5 years ago we hired Hess Kennedy, as you know, nothing was done. Now there appears to be a settlement, but our credit report is not updated and never has been. What do I do? The website for the receiver is now shut down. Also, am I going to get my settlement from them?

Josh”

Dear Josh,

As far as getting any monetary settlement, you might not be entitled to any. There were not many fund to distribute after all was said and done. You’d have to contact the receiver or the office of the Attorney General for more information on that. [UPDATE: See my comment below on fund distributions.]

As far as getting your credit report updated, I’m not quite sure what you are asking about. If you are asking that your creditor report was not cleaned up after being in the program, it won’t be. If you are saying that your account still shows debts being open that you settled, then use a consolidated credit report to find out which credit bureaus are reporting the incorrect information and send them a letter disputing it. The contact information will be on the consolidated credit report you download.

In my interview “An Interview With Dan Stermer, the Court Appointed Receiver for the Hess Kennedy Debt Settlement Law Firm in Florida – Get Out of Debt Podcast” the receiver mentions that a couple of creditors agreed to clear the information from the credit report as part of the settlement. But don’t get your hopes up that all will do that. It was a one-time and exceptional event that a couple of creditors agreed to do that at all.

Please update me on your progress by posting updates here in the comments section of your question. I’m very interested in how this works out for you.

READ  Credit Solutions of America and American Debt Arbitration, Debt Settlement Companies, Are Sued by State of Florida
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P.S. Be sure to read ‘The Secret of Surviving Through Difficult Economic Times. What I Learned On My Journey‘.

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Steve Rhode

Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.

6 Comments

  • to all clients of this scam first let me say that i missed read the order on the judge ruled.i am sorry. please forgive me. i do hope that God will bring us through this.xclient of this scam.

  • dear steve.i am begging you in the name of jesus to do one thing for me. what i am asking you is on sept.30th,2009 the judge ronald rotchild approved nearly $ 54.7 million in claims to the almost 20,000 consumers would was a victim in this scam. this article also read that mr. stermer has accumlated about $ 17 million which means clients are in line a recovery about 27% of their losses. this article comes from daily business reviews:news on sept.30th, 2009. i understand $ 17 million but what about the $ 54.7 million that the judge approved for the victims.mr. steve i am out of thousands of dollars,credit damaged,2 judgements against me that i can’t get anything now.i will send you this article if you need me too.i feel that something is not right and i am being taking advantged of again. please reply mr. steve. for the love of GOD please help me.ms.brenda

  • AS FAR AS THE DISTRUBITION CHECKS WE RECEIVED, IT WAS DISAPPOINTING TO ONLY GET 25% BACK OF OUR HARD EARNED MONEY THAT WE WERE SCANDLED OUT OF! LAURA HESS AND ANYONE AFFILIATED WITH CAMPOS CHARTER LAW FIRM SHOULD BE DISBARRED! WE TRUSTED HER TO HELP US! MY HUSBAND AND I HAD TO FILE BANKRUPT BECAUSE OF THIS! I DON’T CARE THE AMOUNT OF MONEY SHE HAS TO PAY OUT, SHE NEEDS TO PAY BACK EVERY PENNY!
    SHOULD I IN TURN SUE LAURA HESS FOR THE REMAINDER OF MY CLAIM THAT SHE SCANDLED FROM ME AND ALSO SUE HER FOR OUR CREDIT BEING RUINED FOR TEN YEARS?
    EACH CLAIM THAT WAS FILED SHOULD OF GOTTEN THE “FULL AMOUNT” BACK BECAUSE SHE DIDN’T HESITATE TO TAKE IT FROM US!SHE STILL ONLY GOT A SLAP ON THE WRIST FOR SCANDLING MILLIONS OF DOLLARS FROM US! SHE SHOULD HAVE TO WORK A GENERAL LABOR JOB TO PAY BACK TO US OUR MONEY THAT WE DESERVE! SHE SHOULD BE RESPONSIBLE FOR ALL THE COURT COSTS, LAWYER FEES, AND SO ON THAT CAME OUT OF OUR SETTLEMENTS!!
    WE SHOULD OF RECEIVED 100% OF OUR CLAIMS!
    SUSIE KING

    • Susie,

      There is nothing preventing you from suing her and it isn’t fair. Debt settlement is one of those things that sounds magical but for most people just ends up screwing them.

      Steve

      • susie. i hate to tell you this but i feel i must. i am a victim also of this scam. i want you too check daily business reviews (florida) on sept.30th,2009.on judge ronald rotchild awarded $54.7million too almost 20,000 victims of this scam. susie i have already check this out & it is real.also under mr.stermer website where we check with the data why is not published the judge ruling on about the $54.7 million only the $17 million which he had collected third parties.oh! the attorney general cannot help us in florida.i am getting me a attorney.my credit is damaged,judgements against me & i will be damn if i will take this. i am out of thousands of dollars because of her deceipt.susie if you know anyone else who were a victim please tell them.we have too see this through for all of our sakes.we must keep everyone inform of this scam. we are the victims.

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