Debt Relief Industry

Conference Call By DSR Financial Proclaims Attorney Model Debt Settlement is Exempt

This just in. Apparently there was a conference call that ended a few minutes ago by DSR Financial with Tami Brown as the speaker that was promoting how attorney model debt settlement services were exempt from the new Federal Trade Commission rules. Haven’t we already debunked that myth?

A tipster (send in your tips here) sent in the following notes from the call.

Basically they were pitching the backend company DSR Financial. It wasn’t very clear what Tami Brown’s connection was but she kept talking about a company named Turnkey. [See this link for more information on Turnkey and AADR.] They are pretty much standing behind the fact that they think attorney models are exempt and she said “ Attorneys have the right to practice law and the FTC can’t reach that. She did keep mentioning the organization AADR.

She said DSR trains companies to be affiliates for their backend. She kept saying things like “we help you stay away from red flag words” and we teach you the rules on what you can tell clients. At one point she showed us a slide with very generic settlement numbers, 50% for Citibank, 40% for most credit cards, 70% for cards under $750 and then later mentioned how the FTC wants all companies to be able to prove their settlement percentages.

From what she said it’s clear that they don’t care about the TSR. At the end when someone asked about fees she said their fees are set up “the way you all are probably used to your fees to being set up”.

I’ll email DSR Financial and ask them to comment on the tipster (send in your tips here) supplied notes from the call.

Sincerly,
Steve

You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.


I can always use your help. If you have a tip or information you want to share, you can get it to me confidentially if you click here.

See also  Debt Settlement FTC TSR Ruling and Legal Model Informational Webinar by Tami Brown



About the author

Steve Rhode

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.

4 Comments

  • I received an interesting call today delivering a message very similar to this. The caller invited me to attend a webinar hosted by the “founder of tasc”, Tami Brown, to be held on 9/21 at 2pm.

    According to him this webinar would teach me, “how to still collect advance fees” and how their business model is the best, blah .. blah .. blah. It was really a pathetic pitch and I only took the call because it was kind of entertaining and I had a couple minutes to kill.

    It got a little weird when I was told I would need to sign a non-disclosure before they would give me the passcode for the meeting. The non-disclosure was because they “didn’t want this stuff getting out there, for competitive reasons, you know?” As entertaining as this webinar sounded, I wasn’t signing anything with these clowns.

    After grilling this guy for five straight minutes with every question I could think of, he couldn’t get off the phone fast enough and probably said, “what the hell was that?”

    Moral of the Story:

    This is some greasy shit going on. It’s an insult to the providers that want to do this the right way, work hard, and charge fees when it’s allowed. Until this blatant disregard for anything but profit stops, the industry cannot move ahead.

    and oh yeah, the gag orders don’t help build consumer confidence either, why so secret?

  • I received an interesting call today delivering a message very similar to this. The caller invited me to attend a webinar hosted by the “founder of tasc”, Tami Brown, to be held on 9/21 at 2pm.

    According to him this webinar would teach me, “how to still collect advance fees” and how their business model is the best, blah .. blah .. blah. It was really a pathetic pitch and I only took the call because it was kind of entertaining and I had a couple minutes to kill.

    It got a little weird when I was told I would need to sign a non-disclosure before they would give me the passcode for the meeting. The non-disclosure was because they “didn’t want this stuff getting out there, for competitive reasons, you know?” As entertaining as this webinar sounded, I wasn’t signing anything with these clowns.

    After grilling this guy for five straight minutes with every question I could think of, he couldn’t get off the phone fast enough and probably said, “what the hell was that?”

    Moral of the Story:

    This is some greasy shit going on. It’s an insult to the providers that want to do this the right way, work hard, and charge fees when it’s allowed. Until this blatant disregard for anything but profit stops, the industry cannot move ahead.

    and oh yeah, the gag orders don’t help build consumer confidence either, why so secret?

Leave a Comment

Scroll to Top