Each of us lives only now, in this brief instant. The rest has been lived already. So make the most thoughtful choices you can today that will lead to a better future.
Steve's Thought of the Day
Stop drifting and hoping a magic solution will appear. Instead, you can participate in rescuing yourself. Find peace by pursuing facts through trusted advisers and research rather than the blind trust of salespeople trying to sell you something by almost any means necessary.
Steve's Thought of the Day
Make decisions to deal with your debt with logic and facts, not assumptions, and worry about what other people will think. People who judge you will soon be forgotten. Nobody thinks about anyone that much.
Steve's Thought of the Day
The world is nothing but constant change. Your life is only a perception. Choose a way out of debt based on facts, not assumptions. Do what is best for your future because those that judge you will not feed you.
Steve's Thought of the Day
Do you have a greater responsibility to repair your financial past or your financial present and future? Make good choices that allow you to tackle your debt and immediately start building your emergency fund and saving for retirement. Tomorrow will be here before you know it. Lost time is a sin.
Steve's Thought of the Day
There is no sense in wasting a perfectly good financial mistake. Instead, learn from it and do better moving forward. The past is gone. Turn and face the future now.
Steve's Thought of the Day
Those who judge you for past financial mistakes are not your friends. So don't make choices about your future out of fear of what they may think. Instead, make choices based on truth, fact, and what is best for you moving forward from today.
Steve's Thought of the Day
Don't believe everything you think. Challenge your assumptions about getting out of debt. Do what is best for you, not others.
Steve's Thought of the Day
Is it less moral to file bankruptcy or to not take action that leaves you old, broke, hungry, and dependent on others?
Steve's Thought of the Day
If bankruptcy is so bad, why did our Founding Fathers specifically include it in the U.S. Constitution as protection for financial difficulties?
Steve's Thought of the Day
Maybe it is time to read what the Bible really says about bankruptcy instead of listening to the assumptions of others. Throw out your misperceptions and you'll be fine. (And who is stopping you from throwing them out?) - Marcus Aurelius
Stop listening to people that say bankruptcy is a last resort. It is neither first nor last. It is a tool like credit counseling, debt settlement, and others. For the best result, you need to use the right tool for the job.
Steve's Thought of the Day
People that tell you to avoid bankruptcy want to sell you something else are repeating something they heard or do not know what they are talking about. Get the facts and then make your own decision. Don't let an unskilled script-reading commissioned salesperson make life decisions for you.
Steve's Thought of the Day
Debt problems are like fingerprints. No two are alike. A one-size-fits-all solution will give you a one-size-fits-all result. You deserve better.
Steve's Thought of the Day
You are not your debt. Your value, self-esteem, and existence should not be defined by the money troubles you may be facing right now. Debt problems are solved with proper action, not guilt, self-hatred, and disgust.
Steve's Thought of the Day
Debt is nothing more than math wrapped in emotion. The math is easy, the emotional part leads us to do impulsive things. Not the right thing.
Steve's Thought of the Day
What type of money personality do you have? It is important to know. Take my online test now and discover how you unconsciously deal with money, credit, and debt.
Steve's Thought of the Day
How much retirement savings are you willing to throw away by dealing with your old debt instead of preparing for your financial future? Find how much you will lose by making the wrong choice. Use my online debt repayment calculator now.
Steve's Thought of the Day
Does it make more sense to ask for life-altering debt advice from an unskilled and untrained commissioned salesperson in a call center or an experienced debt coach like Damon Day that provides a customized solution for money troubles?
Steve's Thought of the Day
Throw out your misperceptions and you'll be fine. (And who is stopping you from throwing them out?) - Marcus Aurelius
Is Global Debt Management Backed By the Government Under the Obama Debt Stimulus Plan to Reduce Debt? – Lynne
My sister , against my advice, enrolled in a plan called Global Debt Management. She says it’s backed by the current federal administration to help people with too much credit card debt. She’s currently collecting worker’s compenation for an on the job injury and cannot pay her bills.
Is Global Debt Management a legitimate company or a ripoff? Are they funded by bail out funds set aside by the Obama Administration to help people with credit card debts?
Do You Have a Question You'd Like Steve to Answer? Click Here.
Lynne”
Dear Lynne,
If your sister was sold debt settlement services under the guise that it was some sort of government backed, government funded, debt stimulus plan, or Obama debt help program, she was lied to. There is no such thing.
If she is on worker’s comp and can’t pay her bills she has no business being in a debt settlement plan, at all. You might want to suggest that she click here to find a local bankruptcy attorney and take a close look at bankruptcy.
10 thoughts on “Is Global Debt Management Backed By the Government Under the Obama Debt Stimulus Plan to Reduce Debt? – Lynne”
Absolute Scam!!
My wife decided to go forth with this company and insured me that they were above board. She had back surgery and was unable to pay her outstanding debt. Even though we were keeping our head above water, we were really struggling and times were tough. She felt incredible guilt and wanted to rectify this situation on her own, that was when she made the dire decision to turn this matter over to GDM – BIG MISTAKE!!! Sure, there were a couple of small depts settled, but the amount she settled was just enough to cover the penalties and interest that were accrued from the time we stopped paying. We payed over $4000.00 to save little from the original outstanding debt!!
The came the court summons. She was ill-advised to show up in court and say nothing and sign nothing. I was unaware of what was really going on here since she was to handle this by herself because deep inside she wanted to rectify this problem on her own.
I trusted all was OK but I was concerned that she was going to court for this. At the time I was not aware that the state I lived in was a State where garnishment was a viable option. Our checking account was joint and this information was not provided to us but the so-called “experts” at GDM – Oh, did I forget to mention that these folks who we were dealing with and represented themselves as “Global Debt Management” are not who they say they are? No, these people are a contracted independent organization who operate under the name of GDM, we were really dealing with a Company called “Nationwide Support Services” 1-800-498-7510. If you don’t believe me and you are involved with these Sharks, call them and give them your primary phone number or your GDM account number. They’ll pull up your account.
Anyway, I digress…
I awakened one morning shortly after my wife’s court appearance and went to my on-line checking account to pay some bills…. Log-on, take a sip of coffee and WHAM!!!! THE FREAKING CHECKING ACCOUNT IS EMPTY AND OVER DRAWN!!!!!!!! We bounced checks because the court had ordered a garnishment of my checking account – Holy moly! Heck, I could have done this on my own, I didn’t need to spend over $4000.00 to be garnished. Plus the fees for overdrafts and the potential credit dings that were going to hit my credit rating.
My wife was in tears and she felt that she had really harmed our family by attempting to resolve this financial situation against my advice. She requested that I get involved in helping her here which I did.
On her next Court appearance I decided to take some time from work and go with her. When the Judge called her to the front I went with her. A lawyer of the company she owed the dept to was there representing the case. The judge, after hearing our position had absolutely nothing good to say about these debt management companies. He called them ripoffs and snakes who prey on desperate people such as ourselves.
We were given the opportunity to meet with the attorney who was representing the creditor. But before we could talk with her we needed to sign a paper that would overturn the “cease and desist” document that “Nationwide Support Services” (GBM) had my wife send in to the creditor. This doc prevents the creditor from discussing the case with you and therefor the only dialog is with NSS/GDM. You see, this keeps you, the debtor out of the loop. What these sharks don’t tell you is that these Creditors have pretty much stopped dealing with these Companies. Many have jointly decided to not to settle with nobody but the debtor.
In essence, we were paying this shill company more money than we could afford and they knew that there was little to no chance of settlement. Yet they just kept taking in our money as the tied a rope around our necks and dragged us to the edge of the cliff towards financial ruin. The next step after garnishment in the state I live in is personal property garnishment… Great!
So after signing the doc with the attorney she was then allowed to enter into negotiations with we the debtor. She simply asked how much were we willing to pay. We threw her out a number that was significantly lower than we figured she would accept…. She jumped on our offer like a duck on a bug. The ironic thing here in that this cost us NOTHING!!!
We have since canceled our contract with Global Debt-Nationwide who the hell ever they are. We spoke with a man named Sam who agreed to offer us a refund….. a very small refund that is totally unacceptable. The guy proceeded to negotiate with me the amount of my refund. Now, if these people were to have negotiated with my creditors as hard as this guy negotiated with me, to keep my money, then perhaps they would have been able to save me some money. He finally offered me a 25 cents on the dollar refund which is ABSOLUTELY unacceptable.
I see in the above comments that full refunds will be returned to dissatisfied customers – that is an absolute and complete lie. They sure did not do this with us!
We are now in the process with contacting many authorities with our complaints about this Company and we will be perusing much more than the outstanding debt to include punitive damages.
I read the comment above where obviously a rep from GDM/NSS has requested that previous comments be removed. PLEASE – DON’T REMOVE THESE COMMENTS – I WILL BACK EVERY WORD I TYPED HERE.
Here is a list of contact you fellow ripped off consumers can contact, and please do. This is a scam and your hard earned money is providing a big fat leech a very good meal every moment of the day.
California Attorney General General Edmund G. Brown Jr Attorney General’s Office California Department of Justice Attn: Public Inquiry Unit P.O. Box 944255 Sacramento, CA 94244-2550
My wife decided to go forth with this company and insured me that they were above board. She had back surgery and was unable to pay her outstanding debt. Even though we were keeping our head above water, we were really struggling and times were tough. She felt incredible guilt and wanted to rectify this situation on her own, that was when she made the dire decision to turn this matter over to GDM – BIG MISTAKE!!! Sure, there were a couple of small depts settled, but the amount she settled was just enough to cover the penalties and interest that were accrued from the time we stopped paying. We payed over $4000.00 to save little from the original outstanding debt!!
The came the court summons. She was ill-advised to show up in court and say nothing and sign nothing. I was unaware of what was really going on here since she was to handle this by herself because deep inside she wanted to rectify this problem on her own.
I trusted all was OK but I was concerned that she was going to court for this. At the time I was not aware that the state I lived in was a State where garnishment was a viable option. Our checking account was joint and this information was not provided to us but the so-called “experts” at GDM – Oh, did I forget to mention that these folks who we were dealing with and represented themselves as “Global Debt Management” are not who they say they are? No, these people are a contracted independent organization who operate under the name of GDM, we were really dealing with a Company called “Nationwide Support Services” 1-800-498-7510. If you don’t believe me and you are involved with these Sharks, call them and give them your primary phone number or your GDM account number. They’ll pull up your account.
Anyway, I digress…
I awakened one morning shortly after my wife’s court appearance and went to my on-line checking account to pay some bills…. Log-on, take a sip of coffee and WHAM!!!! THE FREAKING CHECKING ACCOUNT IS EMPTY AND OVER DRAWN!!!!!!!! We bounced checks because the court had ordered a garnishment of my checking account – Holy moly! Heck, I could have done this on my own, I didn’t need to spend over $4000.00 to be garnished. Plus the fees for overdrafts and the potential credit dings that were going to hit my credit rating.
My wife was in tears and she felt that she had really harmed our family by attempting to resolve this financial situation against my advice. She requested that I get involved in helping her here which I did.
On her next Court appearance I decided to take some time from work and go with her. When the Judge called her to the front I went with her. A lawyer of the company she owed the dept to was there representing the case. The judge, after hearing our position had absolutely nothing good to say about these debt management companies. He called them ripoffs and snakes who prey on desperate people such as ourselves.
We were given the opportunity to meet with the attorney who was representing the creditor. But before we could talk with her we needed to sign a paper that would overturn the “cease and desist” document that “Nationwide Support Services” (GBM) had my wife send in to the creditor. This doc prevents the creditor from discussing the case with you and therefor the only dialog is with NSS/GDM. You see, this keeps you, the debtor out of the loop. What these sharks don’t tell you is that these Creditors have pretty much stopped dealing with these Companies. Many have jointly decided to not to settle with nobody but the debtor.
In essence, we were paying this shill company more money than we could afford and they knew that there was little to no chance of settlement. Yet they just kept taking in our money as the tied a rope around our necks and dragged us to the edge of the cliff towards financial ruin. The next step after garnishment in the state I live in is personal property garnishment… Great!
So after signing the doc with the attorney she was then allowed to enter into negotiations with we the debtor. She simply asked how much were we willing to pay. We threw her out a number that was significantly lower than we figured she would accept…. She jumped on our offer like a duck on a bug. The ironic thing here in that this cost us NOTHING!!!
We have since canceled our contract with Global Debt-Nationwide who the hell ever they are. We spoke with a man named Sam who agreed to offer us a refund….. a very small refund that is totally unacceptable. The guy proceeded to negotiate with me the amount of my refund. Now, if these people were to have negotiated with my creditors as hard as this guy negotiated with me, to keep my money, then perhaps they would have been able to save me some money. He finally offered me a 25 cents on the dollar refund which is ABSOLUTELY unacceptable.
I see in the above comments that full refunds will be returned to dissatisfied customers – that is an absolute and complete lie. They sure did not do this with us!
We are now in the process with contacting many authorities with our complaints about this Company and we will be perusing much more than the outstanding debt to include punitive damages.
I read the comment above where obviously a rep from GDM/NSS has requested that previous comments be removed. PLEASE – DON’T REMOVE THESE COMMENTS – I WILL BACK EVERY WORD I TYPED HERE.
Here is a list of contact you fellow ripped off consumers can contact, and please do. This is a scam and your hard earned money is providing a big fat leech a very good meal every moment of the day.
California Attorney General General Edmund G. Brown Jr Attorney General’s Office California Department of Justice Attn: Public Inquiry Unit P.O. Box 944255 Sacramento, CA 94244-2550
SCAM! My impression of Global Debt Management (they send out letters as a fake Federal government agency I guess called the Federal Debt Relief Plan) is that they are snakes who steal and lie and cheat people out of money. These guys are bad news and may be scam artists. The owners are Banir “Benny” Ganatra and Robert Guy. I think all Global Debt Management cares about is ripping people off to make as much money as they can and use debt relief as their front. There are many legitimate debt relief companies in business that provide a good service, but I don’t believe Global Debt Management is one of them. For example, Global Debt Management sent an acquaintance of mine a letter as the ‘Federal Debt Relief Plan’ from Washington, DC. What was odd to me was that this company is based in Southern California (Irvine, CA). I looked up Global Debt Management on the BBB and found that they have an F rating for numerous complaints. Why would a company send out a letter under a fake name unless it was a scam. At first glance the letter from the Federal Debt Relief Plan looked like it was from the Federal government given the name and the claims made in the letter. I have sent numerous complaints to The Association of Settlement Companies (TASC) and provided them with examples of this letter since Global Debt Management is part of this association. This debt relief association appears to be very serious about shutting down these types of companies. Attorney General’s and District Attorney’s will soon stop these guys. In the meantime…BEWARE!
Mr. Rhode, I was just made aware of the above posted comments. I would respectfully request that you verify the accuracy of the original as well as subsequent postings as legitimate. Please have the original post immediately contact me at the email supplied for a full refund. The above comments are false and no such statements have been made to any client. Global Debt Management believes the postings are not valid or accurate and have been made up. If you are unable to verify the posting source, please remove the inaccurate comments.
Lynne, my sister and i both enrolled into this program with global debt management approximately a year and half ago and since than they have settled 3 of my credit cards and have saved me over 50% on almost each card. So I am very happy with them. I actually can’t believe it works. Unfortunately my sister lost her job after being in their program for 3 months and couldn’t make any more payment so she demanded her money back. GDM returned every penny of hers so she was happy. I believe they have a service fee guarantee program so if you sister is not happy just have her ask for a refund. But so far the program is working well for me.
I enrolled with global debt management over 12 months ago and so far they have settled 3 of credit cards and I am very happy with they program. They clearly told me there are a debt settlement company. If your sister is unhappy with them just tell her to ask for a refund. Gdm is one of the few companies that refunds there unhappy customers. Although I wouldn’t worry since they have been doing a great job for me.
Global Debt Management has sent out many deceptive mailers under the Federal Debt Relief Plan, National Debt Relief Plan, National Debt Relief Program and I’m sure they are working on a new one as I right this letter. They pose as a fake government agency. If you visit the website on the mailer http://www.nationaldebtreliefplan.com it goes right to Global Debt Management’s application page. You’ll notice the bogus testimonials they use are the same on both the http://www.globaldebtmgmt.com/ website and the http://www.nationaldebtreliefplan.com website. Call the 800# on the http://www.nationaldebtreliefplan.com website and it goes straight to Global Debt Management….SCAM!!!…BEWARE!
In fact, Global Debt Management, which displays they are a member of TASC, would be an idiot for doing that since their trade association The Association of Settlement Companies (TASC) has sent out warning that plans marketed under the fiction of being a government program are bogus. See Examples of Deceptive Official Marketing Sent Out By Debt Settlement Companies to Trick Consumers. Some are Members of TASC & USOBA, for more information on this subject.
Absolute Scam!!
My wife decided to go forth with this company and insured me that they were above board. She had back surgery and was unable to pay her outstanding debt. Even though we were keeping our head above water, we were really struggling and times were tough. She felt incredible guilt and wanted to rectify this situation on her own, that was when she made the dire decision to turn this matter over to GDM – BIG MISTAKE!!! Sure, there were a couple of small depts settled, but the amount she settled was just enough to cover the penalties and interest that were accrued from the time we stopped paying. We payed over $4000.00 to save little from the original outstanding debt!!
The came the court summons. She was ill-advised to show up in court and say nothing and sign nothing. I was unaware of what was really going on here since she was to handle this by herself because deep inside she wanted to rectify this problem on her own.
I trusted all was OK but I was concerned that she was going to court for this. At the time I was not aware that the state I lived in was a State where garnishment was a viable option. Our checking account was joint and this information was not provided to us but the so-called “experts” at GDM – Oh, did I forget to mention that these folks who we were dealing with and represented themselves as “Global Debt Management” are not who they say they are? No, these people are a contracted independent organization who operate under the name of GDM, we were really dealing with a Company called “Nationwide Support Services” 1-800-498-7510. If you don’t believe me and you are involved with these Sharks, call them and give them your primary phone number or your GDM account number. They’ll pull up your account.
Anyway, I digress…
I awakened one morning shortly after my wife’s court appearance and went to my on-line checking account to pay some bills…. Log-on, take a sip of coffee and WHAM!!!! THE FREAKING CHECKING ACCOUNT IS EMPTY AND OVER DRAWN!!!!!!!! We bounced checks because the court had ordered a garnishment of my checking account – Holy moly! Heck, I could have done this on my own, I didn’t need to spend over $4000.00 to be garnished. Plus the fees for overdrafts and the potential credit dings that were going to hit my credit rating.
My wife was in tears and she felt that she had really harmed our family by attempting to resolve this financial situation against my advice. She requested that I get involved in helping her here which I did.
On her next Court appearance I decided to take some time from work and go with her. When the Judge called her to the front I went with her. A lawyer of the company she owed the dept to was there representing the case. The judge, after hearing our position had absolutely nothing good to say about these debt management companies. He called them ripoffs and snakes who prey on desperate people such as ourselves.
We were given the opportunity to meet with the attorney who was representing the creditor. But before we could talk with her we needed to sign a paper that would overturn the “cease and desist” document that “Nationwide Support Services” (GBM) had my wife send in to the creditor. This doc prevents the creditor from discussing the case with you and therefor the only dialog is with NSS/GDM. You see, this keeps you, the debtor out of the loop. What these sharks don’t tell you is that these Creditors have pretty much stopped dealing with these Companies. Many have jointly decided to not to settle with nobody but the debtor.
In essence, we were paying this shill company more money than we could afford and they knew that there was little to no chance of settlement. Yet they just kept taking in our money as the tied a rope around our necks and dragged us to the edge of the cliff towards financial ruin. The next step after garnishment in the state I live in is personal property garnishment… Great!
So after signing the doc with the attorney she was then allowed to enter into negotiations with we the debtor. She simply asked how much were we willing to pay. We threw her out a number that was significantly lower than we figured she would accept…. She jumped on our offer like a duck on a bug. The ironic thing here in that this cost us NOTHING!!!
We have since canceled our contract with Global Debt-Nationwide who the hell ever they are. We spoke with a man named Sam who agreed to offer us a refund….. a very small refund that is totally unacceptable. The guy proceeded to negotiate with me the amount of my refund. Now, if these people were to have negotiated with my creditors as hard as this guy negotiated with me, to keep my money, then perhaps they would have been able to save me some money. He finally offered me a 25 cents on the dollar refund which is ABSOLUTELY unacceptable.
I see in the above comments that full refunds will be returned to dissatisfied customers – that is an absolute and complete lie. They sure did not do this with us!
We are now in the process with contacting many authorities with our complaints about this Company and we will be perusing much more than the outstanding debt to include punitive damages.
I read the comment above where obviously a rep from GDM/NSS has requested that previous comments be removed. PLEASE – DON’T REMOVE THESE COMMENTS – I WILL BACK EVERY WORD I TYPED HERE.
Here is a list of contact you fellow ripped off consumers can contact, and please do. This is a scam and your hard earned money is providing a big fat leech a very good meal every moment of the day.
California Attorney General
General Edmund G. Brown Jr
Attorney General’s Office California Department of Justice
Attn: Public Inquiry Unit P.O. Box 944255
Sacramento, CA 94244-2550
Better Business Bureau
https://odr.bbb.org/odrweb/pub…
The State Bar of California
The State Bar of California
1149 S. Hill Street
Los Angeles, CA 90015-2299
Federal Trade Commission
https://www.ftccomplaintassist…
The Association of Settlement Companies – TASC
16 N. Carroll Street, Suite 900. Madison, WI 53703
Tel. 888-657-8272 (TASC)
Social Media
Steve Rhodes – The Get out of Debt Guy
https://getoutofdebt.org//
Damon Day
http://open.salon.com/blog/dam…
http://www.ripoffreport.com
http://www.complaint.com
http://www.complaintsboard.com
http://www.consumeraffairs.com
http://www.my3cents.com
http://www.pissedconsumer.com
Regards,
Mark
c1usc@yahoo.com
Absolute Scam!!
My wife decided to go forth with this company and insured me that they were above board. She had back surgery and was unable to pay her outstanding debt. Even though we were keeping our head above water, we were really struggling and times were tough. She felt incredible guilt and wanted to rectify this situation on her own, that was when she made the dire decision to turn this matter over to GDM – BIG MISTAKE!!! Sure, there were a couple of small depts settled, but the amount she settled was just enough to cover the penalties and interest that were accrued from the time we stopped paying. We payed over $4000.00 to save little from the original outstanding debt!!
The came the court summons. She was ill-advised to show up in court and say nothing and sign nothing. I was unaware of what was really going on here since she was to handle this by herself because deep inside she wanted to rectify this problem on her own.
I trusted all was OK but I was concerned that she was going to court for this. At the time I was not aware that the state I lived in was a State where garnishment was a viable option. Our checking account was joint and this information was not provided to us but the so-called “experts” at GDM – Oh, did I forget to mention that these folks who we were dealing with and represented themselves as “Global Debt Management” are not who they say they are? No, these people are a contracted independent organization who operate under the name of GDM, we were really dealing with a Company called “Nationwide Support Services” 1-800-498-7510. If you don’t believe me and you are involved with these Sharks, call them and give them your primary phone number or your GDM account number. They’ll pull up your account.
Anyway, I digress…
I awakened one morning shortly after my wife’s court appearance and went to my on-line checking account to pay some bills…. Log-on, take a sip of coffee and WHAM!!!! THE FREAKING CHECKING ACCOUNT IS EMPTY AND OVER DRAWN!!!!!!!! We bounced checks because the court had ordered a garnishment of my checking account – Holy moly! Heck, I could have done this on my own, I didn’t need to spend over $4000.00 to be garnished. Plus the fees for overdrafts and the potential credit dings that were going to hit my credit rating.
My wife was in tears and she felt that she had really harmed our family by attempting to resolve this financial situation against my advice. She requested that I get involved in helping her here which I did.
On her next Court appearance I decided to take some time from work and go with her. When the Judge called her to the front I went with her. A lawyer of the company she owed the dept to was there representing the case. The judge, after hearing our position had absolutely nothing good to say about these debt management companies. He called them ripoffs and snakes who prey on desperate people such as ourselves.
We were given the opportunity to meet with the attorney who was representing the creditor. But before we could talk with her we needed to sign a paper that would overturn the “cease and desist” document that “Nationwide Support Services” (GBM) had my wife send in to the creditor. This doc prevents the creditor from discussing the case with you and therefor the only dialog is with NSS/GDM. You see, this keeps you, the debtor out of the loop. What these sharks don’t tell you is that these Creditors have pretty much stopped dealing with these Companies. Many have jointly decided to not to settle with nobody but the debtor.
In essence, we were paying this shill company more money than we could afford and they knew that there was little to no chance of settlement. Yet they just kept taking in our money as the tied a rope around our necks and dragged us to the edge of the cliff towards financial ruin. The next step after garnishment in the state I live in is personal property garnishment… Great!
So after signing the doc with the attorney she was then allowed to enter into negotiations with we the debtor. She simply asked how much were we willing to pay. We threw her out a number that was significantly lower than we figured she would accept…. She jumped on our offer like a duck on a bug. The ironic thing here in that this cost us NOTHING!!!
We have since canceled our contract with Global Debt-Nationwide who the hell ever they are. We spoke with a man named Sam who agreed to offer us a refund….. a very small refund that is totally unacceptable. The guy proceeded to negotiate with me the amount of my refund. Now, if these people were to have negotiated with my creditors as hard as this guy negotiated with me, to keep my money, then perhaps they would have been able to save me some money. He finally offered me a 25 cents on the dollar refund which is ABSOLUTELY unacceptable.
I see in the above comments that full refunds will be returned to dissatisfied customers – that is an absolute and complete lie. They sure did not do this with us!
We are now in the process with contacting many authorities with our complaints about this Company and we will be perusing much more than the outstanding debt to include punitive damages.
I read the comment above where obviously a rep from GDM/NSS has requested that previous comments be removed. PLEASE – DON’T REMOVE THESE COMMENTS – I WILL BACK EVERY WORD I TYPED HERE.
Here is a list of contact you fellow ripped off consumers can contact, and please do. This is a scam and your hard earned money is providing a big fat leech a very good meal every moment of the day.
California Attorney General
General Edmund G. Brown Jr
Attorney General’s Office California Department of Justice
Attn: Public Inquiry Unit P.O. Box 944255
Sacramento, CA 94244-2550
Better Business Bureau
https://odr.bbb.org/odrweb/public/complaintlink.aspx
The State Bar of California
The State Bar of California
1149 S. Hill Street
Los Angeles, CA 90015-2299
Federal Trade Commission
https://www.ftccomplaintassistant.gov/FTC_Wizard.aspx?Lang=en
The Association of Settlement Companies – TASC
16 N. Carroll Street, Suite 900. Madison, WI 53703
Tel. 888-657-8272 (TASC)
Social Media
Steve Rhodes – The Get out of Debt Guy
https://getoutofdebt.org//
Damon Day
http://open.salon.com/blog/damonday
http://www.ripoffreport.com
http://www.complaint.com
http://www.complaintsboard.com
http://www.consumeraffairs.com
http://www.my3cents.com
http://www.pissedconsumer.com
Regards,
Mark
c1usc@yahoo.com
SCAM! My impression of Global Debt Management (they send out letters as a fake Federal government agency I guess called the Federal Debt Relief Plan) is that they are snakes who steal and lie and cheat people out of money. These guys are bad news and may be scam artists. The owners are Banir “Benny” Ganatra and Robert Guy. I think all Global Debt Management cares about is ripping people off to make as much money as they can and use debt relief as their front. There are many legitimate debt relief companies in business that provide a good service, but I don’t believe Global Debt Management is one of them. For example, Global Debt Management sent an acquaintance of mine a letter as the ‘Federal Debt Relief Plan’ from Washington, DC. What was odd to me was that this company is based in Southern California (Irvine, CA). I looked up Global Debt Management on the BBB and found that they have an F rating for numerous complaints. Why would a company send out a letter under a fake name unless it was a scam. At first glance the letter from the Federal Debt Relief Plan looked like it was from the Federal government given the name and the claims made in the letter. I have sent numerous complaints to The Association of Settlement Companies (TASC) and provided them with examples of this letter since Global Debt Management is part of this association. This debt relief association appears to be very serious about shutting down these types of companies. Attorney General’s and District Attorney’s will soon stop these guys. In the meantime…BEWARE!
Mr. Rhode,
I was just made aware of the above posted comments. I would respectfully request that you verify the accuracy of the original as well as subsequent postings as legitimate. Please have the original post immediately contact me at the email supplied for a full refund. The above comments are false and no such statements have been made to any client. Global Debt Management believes the postings are not valid or accurate and have been made up. If you are unable to verify the posting source, please remove the inaccurate comments.
Lynne, my sister and i both enrolled into this program with global debt management approximately a year and half ago and since than they have settled 3 of my credit cards and have saved me over 50% on almost each card. So I am very happy with them. I actually can’t believe it works. Unfortunately my sister lost her job after being in their program for 3 months and couldn’t make any more payment so she demanded her money back. GDM returned every penny of hers so she was happy. I believe they have a service fee guarantee program so if you sister is not happy just have her ask for a refund. But so far the program is working well for me.
Veronica,
Are you and Yvonne, the other commenter, related or know each other?
Steve
Lynn,
I enrolled with global debt management over 12 months ago and so far they have settled 3 of credit cards and I am very happy with they program. They clearly told me there are a debt settlement company. If your sister is unhappy with them just tell her to ask for a refund. Gdm is one of the few companies that refunds there unhappy customers. Although I wouldn’t worry since they have been doing a great job for me.
Yvonne,
Are you and Veronica, the other commenter, related or know each other?
Steve
Many sales outfits and debt companies will receive subpoenas resulting from the recent Senate hearing and GAO report.
This post suggests Global Debt Management will be one of them.
Global Debt Management has sent out many deceptive mailers under the Federal Debt Relief Plan, National Debt Relief Plan, National Debt Relief Program and I’m sure they are working on a new one as I right this letter. They pose as a fake government agency. If you visit the website on the mailer http://www.nationaldebtreliefplan.com it goes right to Global Debt Management’s application page. You’ll notice the bogus testimonials they use are the same on both the http://www.globaldebtmgmt.com/ website and the http://www.nationaldebtreliefplan.com website. Call the 800# on the http://www.nationaldebtreliefplan.com website and it goes straight to Global Debt Management….SCAM!!!…BEWARE!