Park Group Associates – 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.


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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.

19 thoughts on “Park Group Associates – Scam, Complaint, Review, or Praise?”

  1. I have been with Park Group for 1 1/2 yrs and am almost completely debt free. Patrick P. is fantastic, informative and easy to get in touch with. can’t understand why the others feel that they are scams I am VERY happy with the way they have and are handling things for me

    Reply
    • I have been working with them for 4 years, I have been trying to contact this person by email, and phone, no answer. I am almost done, but it seems it is never going to end!

      Reply
  2. How do we know if you are all talking about the same Park Group Associates?  There is one in D.C. and one in Brooklyn, NY.  I’m contemplating working with the company in New York, but I did NOT receive a letter, just a phone call.  Everything he told me on the phone seems to be legitimate to the best of my research.  I’ve checked the website of American Fair Credit Council and saw the NY Park Group is a member, but NOT the one in Washington, D.C.  

    Reply
  3. I just received the same scam letter.  I am very relieved to hear that I am not the only one.  Wow, so many of us with a $29K debt!!!! Love the site, thank you for putting my mind at ease!!!

    Reply
  4. I just received the same scam letter.  I am very relieved to hear that I am not the only one.  Wow, so many of us with a $29K debt!!!! Love the site, thank you for putting my mind at ease!!!

    Reply
  5. I had received that same letter saying i owed 29k also. Does that actually go on my credit or not. Is it something I could just ignore?

    Reply
  6. I received a yellow envelope with a letter regarding a $29K outstanding debt in my name. I do not have any outstanding debts, so I did not know if this company is a scam or if someone stole my identity and charged up $29K in debt.  I contacted Park Group Associates by phone many times, no answer and no return call to my voicemail.  After finding their website, I emailed them, and here’s the response I received from Anthony Mundy at in**@*****************es.com: “I can understand your concern; let me explain very quickly where the information is being drawn from. We have a marketing agent that use’s statistical analysis to identify consumers that they believe have debt because you fit a profile of other consumers in your area that have been marketed in the past and did have debt.  We don’t actually know how much debt each consumer has, or whether they even have debt at all, it’s impossible to know this information. However; through analytics, we’re usually pretty good at identifying which consumers should have debt.  That’s why in the letter we state that the displayed debt amount is an estimate.  It’s in the disclosures. Are you having any issues with your unsecured debts, are you finding it difficult to maintain your monthly obligations and still afford your necessary living expenses?” Hope this helps others!

    Reply
  7. I received a yellow envelope with a letter regarding a $29K outstanding debt in my name. I do not have any outstanding debts, so I did not know if this company is a scam or if someone stole my identity and charged up $29K in debt.  I contacted Park Group Associates by phone many times, no answer and no return call to my voicemail.  After finding their website, I emailed them, and here’s the response I received from Anthony Mundy at in**@*****************es.com: “I can understand your concern; let me explain very quickly where the information is being drawn from. We have a marketing agent that use’s statistical analysis to identify consumers that they believe have debt because you fit a profile of other consumers in your area that have been marketed in the past and did have debt.  We don’t actually know how much debt each consumer has, or whether they even have debt at all, it’s impossible to know this information. However; through analytics, we’re usually pretty good at identifying which consumers should have debt.  That’s why in the letter we state that the displayed debt amount is an estimate.  It’s in the disclosures. Are you having any issues with your unsecured debts, are you finding it difficult to maintain your monthly obligations and still afford your necessary living expenses?” Hope this helps others!

    Reply
    • I had received that same letter saying i owed 29k also. Does that actually go on my credit or not. Is it something I could just ignore?

      Reply
  8. Apple just released an iPhone app called Scam Detector. According to them, the app exposes over 350 of the most popular scams in the world. I am assuming some of them are on legal issues and law. Might be worth checking…

    Reply
  9. Apple just released an iPhone app called Scam Detector. According to them, the app exposes over 350 of the most popular scams in the world. I am assuming some of them are on legal issues and law. Might be worth checking…

    Reply
  10. This company is a scam, here’s the response I received about the letter about my so called outstanding debt, from Anthony Mundy at Park Group: “I can understand your concern; let me explain very quickly where the information is being drawn from. We have a marketing agent that use’s statistical analysis to identify consumers that they believe have debt because you fit a profile of other consumers in your area that have been marketed in the past and did have debt.  We don’t actually know how much debt each consumer has, or whether they even have debt at all, it’s impossible to know this information. However; through analytics, we’re usually pretty good at identifying which consumers should have debt.  That’s why in the letter we state that the displayed debt amount is an estimate.  It’s in the disclosures. Are you having any issues with your unsecured debts, are you finding it difficult to maintain your monthly obligations and still afford your necessary living expenses?”

    Reply
  11. I declare BS.

    A reputable lawyer is proud to name her reputable employer.  And there is no reputable legal-model debt settlement company.  Every one has turned out to be running the 50+15=55 scam once we pull back the curtain.

    A skilled lawyer would not even take the time to read that letter.  Every debt settlement provider depends on the customer having no comparative intelligence and no negotiating leverage.  Fear, uncertainty, and doubt sell all debt settlement.

    Maybe you have a law license, but you’re no lawyer.  Go back under your rock.

    Reply
  12. I am an attorney and I provide services to clients of a REPUTABLE debt resolution company.  A private client of mine received a letter from Park Associates Group, Inc.  While I do not know if Park is reputable or not, I am disturbed by the letter and I am concerned that any possible client would be confused by being contacted by this company.

    My client received a letter in a yellow envelope of the type usually reserved for govenment checks, which I find somewhat misleading in and of itself.  The letter was not on letterhead – one had to read the fine print to learn of the sender’s identity.  In fact, when I first read the letter, I thought it was from a debt collector or junk debt buyer, not a debt resolution company!

    The second thing which struck me is that the company listed an alleged balance, implying that my client had one very large debt (which the client denies).  Although some type of account number was listed, this certainly was not an original account number.  Nor did this identify the original creditor.  Again, this was misleading as a person was made to believe that they owe the amount stated to Park.

    Thirdly, the letter stated that it was the “final notice”.  The client never received any prior notices.  This in itself is misleading as it suggests that this is somehow the last warning the client will receive prior to litigation. 

    Fourthly, the letter offered to “re-negotiate” the client’s debt.  Without knowing anything about the debt – this can be dangerous as it might revive an already expired statute of limitations.  I would not be encouraging clients to re-negotiate their debt without first knowing the client’s circumstances and whether payment of some kind is the best option.
     
    There are many ways to gain clients and while Park purports to be a legitimate debt resolution company that is a member of certain professional organizations, I question their tactics.  Instead of attempting to reach out to clients struggling with debt by giving them help and hope, I find their letter to be a deliberately misleading attempt to frighten clients.  While Park can do business however it wishes, motivation by fear suggests to me that they are more interested in preying upon the weak and defenseless than in genuinely helping those who need help.

    Reply
  13. I am an attorney and I provide services to clients of a REPUTABLE debt resolution company.  A private client of mine received a letter from Park Associates Group, Inc.  While I do not know if Park is reputable or not, I am disturbed by the letter and I am concerned that any possible client would be confused by being contacted by this company.

    My client received a letter in a yellow envelope of the type usually reserved for govenment checks, which I find somewhat misleading in and of itself.  The letter was not on letterhead – one had to read the fine print to learn of the sender’s identity.  In fact, when I first read the letter, I thought it was from a debt collector or junk debt buyer, not a debt resolution company!

    The second thing which struck me is that the company listed an alleged balance, implying that my client had one very large debt (which the client denies).  Although some type of account number was listed, this certainly was not an original account number.  Nor did this identify the original creditor.  Again, this was misleading as a person was made to believe that they owe the amount stated to Park.

    Thirdly, the letter stated that it was the “final notice”.  The client never received any prior notices.  This in itself is misleading as it suggests that this is somehow the last warning the client will receive prior to litigation. 

    Fourthly, the letter offered to “re-negotiate” the client’s debt.  Without knowing anything about the debt – this can be dangerous as it might revive an already expired statute of limitations.  I would not be encouraging clients to re-negotiate their debt without first knowing the client’s circumstances and whether payment of some kind is the best option.
     
    There are many ways to gain clients and while Park purports to be a legitimate debt resolution company that is a member of certain professional organizations, I question their tactics.  Instead of attempting to reach out to clients struggling with debt by giving them help and hope, I find their letter to be a deliberately misleading attempt to frighten clients.  While Park can do business however it wishes, motivation by fear suggests to me that they are more interested in preying upon the weak and defenseless than in genuinely helping those who need help.

     

    Reply
    • I declare BS.

      A reputable lawyer is proud to name her reputable employer.  And there is no reputable legal-model debt settlement company.  Every one has turned out to be running the 50+15=55 scam once we pull back the curtain.

      A skilled lawyer would not even take the time to read that letter.  Every debt settlement provider depends on the customer having no comparative intelligence and no negotiating leverage.  Fear, uncertainty, and doubt sell all debt settlement.

      Maybe you have a law license, but you’re no lawyer.  Go back under your rock.

      Reply
    • This company is a scam, here’s the response I received about the letter about my so called outstanding debt, from Anthony Mundy at Park Group: “I can understand your concern; let me explain very quickly where the information is being drawn from. We have a marketing agent that use’s statistical analysis to identify consumers that they believe have debt because you fit a profile of other consumers in your area that have been marketed in the past and did have debt.  We don’t actually know how much debt each consumer has, or whether they even have debt at all, it’s impossible to know this information. However; through analytics, we’re usually pretty good at identifying which consumers should have debt.  That’s why in the letter we state that the displayed debt amount is an estimate.  It’s in the disclosures. Are you having any issues with your unsecured debts, are you finding it difficult to maintain your monthly obligations and still afford your necessary living expenses?”

      Reply

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