Financira & Financira Services Review


984 Southford Rd
Middlebury, CT 06762-3234
(203) 758-1177

Financira Services INC.
P.O. Box 5700
San Antonio, TX 78201
Telephone: (866) 382-DEBT

Financira Services Inc.
6655 First Park Ten Blvd. Suite 228.
San Antonio, TX 78213


Administrative Contact:
Teixeira, Manuel support@financira.com
Financira Services Inc.
6655 First Park Ten
suite 228
San Antonio, Texas 78213

I could not find any information on the site that disclosed the negative consequences of debt settlement. No warnings about credit impact or potential for being sued. In fact I’d have to label the statements they do make as misleading at best or an outright lie at worst.

Generally, debt settlement is both the fastest and least expensive option for a person to pursue.
People who choose debt settlement can settle their debts relatively quickly. – Source


Debt settlement company. They appear to have started in CT but reincarnated and moved to San Antonia, TX.


Manuel G. Teixeira, Manny Teixeira – mannyteixeira@gmail.com


Michael Sykes – National Sales Manager & Sales Trainer
Michelle Tallman – Debt Specialist


Elimidebt – Was a former director in 2001-2002.
RapidScoreSystem.com – Credit Repair Company. Not sure if same one but really, how many different Manny Teixeira’s can their be in the debt world?
Manny Teixeira RapidScoreSystem

MGT Media, LLC – He processed accounts for Clearadebt who was shut down by the IRS. (CT) – Source

MLC Debt Management – Supposed to be a NY corporation at 734 Walt Whitman Rd, Melville, NY, but no record in NY corporate records.

Financira Services Inc – Owner
SAN ANTONIO, TX 78213-4304

Registered Agent is listed as Fillipe Goncalves who appears in videos as Vice President of Financira

Interesting Points

Does not appear to have a presence on the web at all.

Tony Kindred

1. Plaintiff seeks relief pursuant to the Fair Debt Collection Practices Act (“FDCPA”), 15 U.S.C. § 1692; Consumer Collection Agency Act, Conn. Gen. Stat. § 36a-800 and regulations issued thereunder or the Connecticut Creditor Collection Practices Act, Conn. Gen. Stat. § 36a-645 and regulations issued thereunder; or the Debt Adjusters Act, Conn. Gen. Stat. §36a-655 and regulations issued thereunder; and the Connecticut Unfair Trade Practices Act (“CUTPA”), Conn. Gen. Stat. § 42-110a.

2. The Court has jurisdiction. 15 U.S.C. § 1692k; 28 U.S.C. §133l, § 1367.

3. All defendants are located in Connecticut, with an address of 984 Southford Rd, Middlebury CT.

4. Beginning in 2006, Defendant Teixeira directed, operated, dominated, and controlled the policies, finances, business practices and procedures of defendant Financira and supervised defendant Tallman.

5. Defendant Tallman acted as a “debt specialist” for Financira.

6. Defendants operate a debt settlement business which purports to directly or indirectly collect debts asserted to be owed or due another, by receiving payment from consumers and distributing amounts to creditors.

7. Defendants open a bank account for their customers into which consumers are required to deposit funds. The plaintiff’s account was identified as Tony Kindred f/b/a Financira LLC. Defendants used such accounts as accounts from which creditors are paid and service fees are taken.

8. Defendants directly or indirectly represented that Financira, LLC, would negotiate with plaintiff’s creditors in order to obtain a reduced settlement amount with creditors. Defendants had no intention of doing so.

9. Defendants directly or indirectly represented that plaintiff’s information would be kept in the strictest confidents by Financira, LLC. Defendants had no intention of keeping plaintiff’s information in confidence and in fact disclosed it to an unrelated third party.

10. Defendants do not disclose, and did not disclose to plaintiff, that certain creditors, such as Citibank, refuse to deal with debt settlement companies.

11. Defendants have been the subject of complaints about their failure to live up to their debt settlement promises and representations.

12. Defendants’ experience with their debt settlement customers is that customers pay their fees until they realize that defendants are doing virtually nothing but collecting fees.

13. Defendants’ experience with Financira and Clearadebt, Inc. is that they can collect fees until the consumer realizes what is going on, and benefit from the fees without needing to perform any services.

14. Beginning in May, 2007, defendant Financira benefited from a monthly administrative fee distributed from plaintiff’s account, without performing any services for him.

15. After plaintiff began being sued by creditors he had listed with defendants, he realized that they were just taking his money and not performing any services.

16. Accordingly, in March, 2008, plaintiff requested refund of his money. 17. Defendants Teixeira and Financira refused several refund requests. 18. Defendants’ operation has no license from the Connecticut Banking Department and their activities violate civil and criminal law.


This is a ‘debt management’ company who promised to settle my credit card debt for half or less than what I owed. I am retired and unable to work, and got overloaded before I realized it.
They claim none of the 3 credit card companies will accept any offers they have made.
I have paid more than $3000 to receive nothing in return.
This “debt management” should be against the law…they know in advance that the creditors will not settle, yet they say they will.
It is a rip-off of the worst kind! – Source


[flashvideo file=/wp-content/uploads/4.flv /]
Listen to video for debt settlement pitch.
See also  International Association of Professional Debt Arbitrators - IAPDA Certification Exposed

Picture of Web Site

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14 thoughts on “Financira & Financira Services Review”

  1. Yes, Manny Texeira ran (or ran it into the ground) Clearadebt, a so-called subsidiary of MGT Media, at the time he ran the office in Middlebury CT. At the time, they promised debt reduction from all your creditors, for an upfront fee, plus $7 per account per month, to continue to work with whatever company was owed money. Manny used the income as his pot for gambling at the Connecticut casinos and entry into high-stakes poker tournaments.

    Does San Antonio have any casinos? Manny will be found there.

  2. Yes, Manny Texeira ran (or ran it into the ground) Clearadebt, a so-called subsidiary of MGT Media, at the time he ran the office in Middlebury CT. At the time, they promised debt reduction from all your creditors, for an upfront fee, plus $7 per account per month, to continue to work with whatever company was owed money. Manny used the income as his pot for gambling at the Connecticut casinos and entry into high-stakes poker tournaments.

    Does San Antonio have any casinos? Manny will be found there.

  3. Steve,

    I’m an employee at Financira. I would like to provide some additional information to this review.

    1.You claim that we don’t disclose the negative consequences of Debt Settlement on our website. Here is a link to our Frequently Asked Questions, http://www.financira.com/faqs.php . There is full disclosure of any negative impact listed there. You should update your comment listed above.

    2. You have made a list of Relatiohships, and included RapidScoreSystem as one of them. Appearently, there are many Manny Teixeira’s. That is not our Manny. You may want to consider removing that.

    3. You have listed the Kindred vs. Financira action on the site. That is clearly a one-sided view of the story. There are many false and misleading accusations made in those paragraphs.
    Services were provided to the client.
    We do not “collect debts”, we do not “receive payment” from consumers, in fact, we never handle any consumer funds.
    We had a contract with the consumer, so we did have intention of settling his debts.
    They claim that Citibank doesn’t deal with Debt Settlement companies. We have examples of settlements on Citibank accounts.
    They also claim that we had no licesne in the State of CT. The way the law is written in CT, the scope of Debt Settlement services are though to have fallen outside the scop of the law. The fact that CT has recently updated the law, is evidence of that.

    Steve, based on some of your comments above, your tone seems to suggest that you have serious doubt with respect to the settlement industry, but at the same time you actively promote it on your site. You have 7 ads for debt settlement currently up. It raises concern, what is your purpose with these reviews? Is it to provide a public service? Or, is it an attempt to profit on those who you talk down about?

    I don’t doubt your passion for helping people, and in my opinion I don’t think you should be so quick to doubt others. I hope that you take our comments into consideration and update different parts of this review. It would certaily provide more of an accurate picture.

    If you would ever like to discuss the settlement industry in futher detail, I would be happy to do so. Feel free to contact me. I would like to show you that there are companies out there that do in fact help consumers.

  4. Julie,

    I have been told that some debt settlement companies actually pride themselves in providing horrible customer service so the client will quit once the fees have been paid but before the services are delivered.

    I think you should contact a local attorney licensed in your state to contact Financira on your behalf and ask them to either refund the fees paid since you seem to believe they have no intention to deliver the services they promised or to perform as they agreed. Alternatively you might want to contact a bankruptcy attorney to deal with the debt and to see if at the same time they will help you to recover funds paid to Financira.


    • Steve,

      I don’t know where your sources get their information. We pride ourselves in offering great customer service. Perhaps you should attend one of the industry conference’s and see how committed companies in our industry are to providing a great service. I would be happy to provide you with information about our next conference, if you are interested.

      As for Julie, we intend on continuing to service all of her accounts, while providing her with a pleasent experience, with the hope that she will refer us to friends or family who may need our services.

      • Filipe,

        The source sites are linked so you can check with them if you have any questions for them.

        You might pride yourself in offering the “best service” but this industry is primarily comprised of opportunists who fail to provide refunds of service fees for work never completed or delivered. That’s not even getting to the companies which intentionally provide bad customer service to chase people away once the majority of service fees are paid.

        I used to be in the debt relief industry and have been to my share of conferences.


  5. No, they actually told me this over the phone. I have sent them emails in the past, but they never respond to any of my emails.

    Worst of all we have moved several times in the past 2 years and I misplaced my contract. I sent them an email and called them to see if they could sent me a copy of the contract I signed, but it seems as if they may have lost it too….or just don’t want to give me a copy. I know this sounds silly but since I have already paid them for their services it seems as if they want me to quit the program early take all my personal funds out of my savings so they want have to do any more work trying to get my cards settled. Talk about a headache…… is this really America because sometimes I wonder what kind of country we live in.

    • Julie,

      As I mentioned in the reply above, we would be happy to work with you. We have been in the same location for about 3 years now. We have very stringent security requirements around client data, and how it is handled. We are required to have these safe guards in place so we can maintain our Accreditation from the British Standards Institute. Please give us a call, we would be happy to get you copies of documentation. 1-866-382-3328

  6. Julie,

    That’s quite a statement from them that while you may have finished the program they may not settle your credit card debt. Do you have any emails from them about this you can forward to me?


    • Steve,

      I am an employee at Financira Services. I would like to elaborate a little further on your comment.

      We don’t tell consumer’s that their program is over because they have come to the end of their originally estimated payment schedule. Our consumers are aware that their payment schedule is an estimate of what it will take to get their accounts settled. In some cases, they may not have to make all of the originally estimated payments, because we settled the accounts at less that what was estimated. In some other cases, the client may have to contribute some additional funds in order to settle out a last remaining account. It is very clear throughout that it is an estimate. Our paperwork reflects that, and Julie can confirm the same, based on her comments above.

  7. I just had a comment to make about Financira.
    I’m a pretty honest person, but I think this company is a scam.

    I have been with them for 2 years, I have already paid them in full for their services. I have only 12 months left and I will fully complete the program. However I was just told the other day that even when I complete the program there is no guarantee when or if they will settle my credit cards. They took over 4 Cards for me and have only settled one.

    I feel lost knowing that I will have fully completed their program to only have one of my debts settled and no guarantee on the other 3.

    I think people should really beware of this company. They do not care about their customers at all.

    • Julie,

      I work at Financira Services, and we would be glad to assist you in your case. I would be happy to personally assist you and answer any of your questions. You can call us toll-free at 1-866-382-3328.

      I want to bring you the peace of mind you deserve. We are definitely not a scam, we have helped many consumers get out of debt.

      I would also like to address the “guarantee”. When we say we can’t guarantee the accounts getting settled, we are saying that we can’t guarantee what the creditor will offer. They can offer 50% today, and 40% tomorrow. It varies from case to case. We will work with you to get the accounts settled. In the end, by working closely with us, I’m sure you will be satisfied with the results. Give us a call, feel free to ask for me. 1-866-382-3328.


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