Liberty Settlement Group – Scam, Complaint, Review, or Praise?

Please share your experience with this debt relief company and provide your review and feedback, in the comments section below.

The goal of this page is to allow people to share information that may be important to help others to make a more informed decision regarding their experience with this debt relief company. Here are some potential questions you might be able to provide feedback about.

  • How did you feel about the customer service experience you received?
  • Was the company easy to communicate with before or after you became a client?
  • Did the company respond to your communications promptly?
  • What were the fees charged for the services you received?
  • Did the company give you the terms and conditions for the program you were interested in before you gave them any personal information?
  • Was the program successful for you and accomplish the goals you had when you entered the program?
  • Did you have a really good experience you can share?
  • Did you have a bad experience you want to share?
  • Is there any other information you’d like people to know that might be considering the services of this company?

It is important to understand when reading comments below that they are the opinions of the individual posters and may not be representative of the overall impression of all consumers that may have or have not used the debt relief services of this company. But everyone does deserve to have an opportunity to express their opinion, even the debt relief company itself, be it good, bad, or indifferent.


Damon Day - Pro Debt Coach

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Steve Rhode Debt Coach and Author
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.

12 thoughts on “Liberty Settlement Group – Scam, Complaint, Review, or Praise?”

  1. My name is jayne and I sold my annuity starting in 2012/2013/2014/2015 and in the contract they have some flaws that I didn’t even say and I didn’t go before a judge and I live in Louisiana. We are going into 2022 and I would like to sue Liberty for fraud soon. I will go to the court house and get all my documents and see about a attorney. They want to give me back my annuity in 2034 high way robbery They saw a widow who was not able to get a attorney. Mark Hamm was the owner of the company. Now I hear they are with JG Wentworth. Help me

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  2. My story is pretty much the same as everyone else.  Roughly $5,000 in fees for 4 accounts one of which was very small (about $400).  Had 2 debts settled during my time with the program one of which was the little account, the other that I negotiated myself but had the settlement paid out of the money I was banking at Liberty.  The remaining 2 debts went to court.  One of them was in my husband’s name and we made payment arrangements on it and eventually did a settlement on our own.  The other was in my name and Liberty told me we had nothing to worry about when we received a garnishment order because I don’t work.  Instead, the company froze our bank account 2 days before Thanksgiving last year!  We made payment arrangements with that company as well and hope to have a settlement with them by tax time this year.  Liberty allowed us to cancel our contract when we were down to the 2 bills but refused to refund any of their fees because they said we terminated the contract and wouldn’t let them do their job.
    I saw that Vermont’s attorney general filed suit against this company and some people were able to get money back.  I wish Indiana would do the same.  This was such a terrible and embarrassing experience!

    Reply
  3. please contact me if you decide and are able to get this group action suit together. i too have a similar story. paid out over $10,000 to have a few thousand in debt settled, one creditor i had to pay out of my own pocket because there was not enough in my account from liberty even though they had been taking out $700 a month for almost a year. they explained that the first $642 of every $700 for the year went to them and their fee first. so, they made a shit ton of money for themselves before even considering how to do what they had promised to do for me. feel like such a schmuck. what can we do????
    ~Dina D.

    Reply
  4. I spent $22,348.17 with Liberty Settlement Group. I used them as my debt settlement company. I was relieved of a total of about $5,000 in debts when they told me, “OK, NOW all of you money, minus $X.XX per month, will directly into the fund to negotiate the rest of your debts.”

    What the heck happened to the other $17,000+ that I had given them? Who got that money?

    When I finally decided that my last resort was bankruptcy, I requested my fund money back and to quit their program because it was draining me. They sent me a check for $238.08. I am looking to join or begin a class-action lawsuit against them.

    Reply
    • please contact me if you decide and are able to get this group action suit together. i too have a similar story. paid out over $10,000 to have a few thousand in debt settled, one creditor i had to pay out of my own pocket because there was not enough in my account from liberty even though they had been taking out $700 a month for almost a year. they explained that the first $642 of every $700 for the year went to them and their fee first. so, they made a shit ton of money for themselves before even considering how to do what they had promised to do for me. feel like such a schmuck. what can we do????
      ~Dina D.

      Reply
  5. I spent $22,348.17 with Liberty Settlement Group. I used them as my debt settlement company. I was relieved of a total of about $5,000 in debts when they told me, “OK, NOW all of you money, minus $X.XX per month, will directly into the fund to negotiate the rest of your debts.”

    What the heck happened to the other $17,000+ that I had given them? Who got that money?

    When I finally decided that my last resort was bankruptcy, I requested my fund money back and to quit their program because it was draining me. They sent me a check for $238.08. I am looking to join or begin a class-action lawsuit against them.

    Reply
  6. We have paid Liberty Settlement Group over $5,000.00. We had 5 small debts. They did not pay them. We ended up in court with no help from Liberty on the first two debts and had to pay them out of pocket. They then paid the third debt, under $ 800.00. We are now headed to court on the last two. Liberty paid them but the creditors have informed us that the checks Liberty sent bounced. They are taking us to court and threatening garnishment. I would advise anyone to stay away from this company.

    Reply
  7. We have paid Liberty Settlement Group over $5,000.00. We had 5 small debts. They did not pay them. We ended up in court with no help from Liberty on the first two debts and had to pay them out of pocket. They then paid the third debt, under $ 800.00. We are now headed to court on the last two. Liberty paid them but the creditors have informed us that the checks Liberty sent bounced. They are taking us to court and threatening garnishment. I would advise anyone to stay away from this company.

    Reply
  8. We have paid Liberty Settlement Group roughly $6,000 and they have settled one debt for us. We were summoned to court for another debt and repeatedly asked them for advice. Their advice was “Stall them” which, in the end, we could not. We had to go before the court (which was humiliating and frightening since we had never gone before a judge in our lives) and were told by this judge that we made a huge error in judgment in trusting this company. We had to settle the debt for the full amount giving monthly payments. So now we are still locked in to our debt settlement payment and paying off our debt to the original company with no support or help from the settlement company. They found us at a low point in our lives, promised to settle our debt for half the amount, and all we ended up with is court fees and have lined their pockets for the last year or so. At this point, we do not want to file bankruptcy because the Debt Settlement company is about paid off and the monthly payments will (or should) start going to our debt. I would advise no one to go this route.

    Reply

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