My wife signed me up for Express Debt Settlement Holdings Inc without my signature or knowledge in Sept.. By the time I found out it was past the 30 days to cancel. I started expressing concerns to the number she had for the person who claimed to be in charge of our account but he was just a sign up person for Coastal Credit Solutions..
He told me many lies and claimed they would soon have enough money in my account to make a settlement. Well we got served with a summons by one of our creditors the end of Feb. I started checking and found out they had taken all the money out of my Noteworld account for fees and hadn’t contacted a single creditor.
Well I went on the attack big time. I started calling all the parties (Coastal, Express, Noteworld, and Simon and Bocksch Law firm and emailing them with my concerns. I filed complaints with BBB and Attor Gen in MN, FL: and US. I contacted TASC and went to my bank and put a stop order on my auto debit and they put a reversal on the Feb and Jan payments. I pointed out that the contract my wife signed didn’t have the correct numbers for Express or Noteworld and was probably invalid.
I pointed out that MN has very strict laws on such companies and express might not be legal in MN. And that the Florida Att Gen was suing 2 companies with practices like this. I rattled the cages hard for a week and wham noteworld reversed the last 2 payments and Express is offering a full refund but my wife needs to sign a release.
If she sign this release saying she won’t sue or bad mouth them etc. , does that bind me from staying on the attack against them and other bad debt settlement companies?
There are only a few companies licensed in MN to do debt settlement and none of the players you mentioned are licensed. They were apparently operating illegally. At the time I am writing this the only licensed debt settlement companies in Minnesota are New Era Group, Pacific Debt, and Freedom Debt Relief. Click here for the list.
It sounds like they want your wife to sign a wavier based on her account but you are the victim here and she can’t waive your rights.
There are a number of lawyers in Minnesota that specialize in consumer fraud cases and you should contact one of them before your wife signs anything. You may be able to sue all the players and recover additional funds. For a list of attorneys, click here.
What did TASC say, if anything, and were they helpful in resolving this issue at all?
I want you to keep me posted on this situation as it moves forward. Please keep me posted by posting updates in the comment section below.