Business Models Debt Relief Industry

Law Office of Evan Kagan Legal Debt Agreement. Offers to Settle Debt for Free.

A tipster (send in your tips here) sent in the following agreement from the Law Office of evan S. Kagan for debt help representation. The tipster (send in your tips here) said:

Take a look at the new program that is supposed to “benefit” the customer with $9000 in non refundable fees. Not only is more than debt settlement this customer is paying 30% in fees with no guarantees. I thought you would think Its amazing that they are quoting 100% success rate.

From reading the agreement between Kagan and the consumer I found some interesting parts.

  1. Law Firm will send creditors letter of representation and request for debt verification.
  2. The Law Firm shall audit all documents that are produced to attempt to find potential violations of federal and state consumer protection laws.
  3. “Generally” litigation against creditors is on a contingency fee basis with no charges to the client if the firm is able to recover damages and/or Law Firm fee.
  4. Law Firm will defend client in any litigation and client must pay filing fees associated with the filing of appeals.
  5. THERE IS NO CHARGE TO CLIENT FOR THE SERVICE OF RENEGOTIATING, SETTLING, OR IN ANY OTHER WAY ALTERING THE TERMS OF ANY DEBT BETWEEN THE CLENT AND ANY UNSECURED CREDITOR OR DEBT COLLECTOR, INCLUDING A REDUCTION IN THE BALANCE, INTEREST RATE OR FEES OWED. THIS SERVICE IS PROVIDED FREE OF CHARGE AND INCIDENTAL TO SERVICES ABOVE.
  6. The Law Firm fee for services is a NON-REFUNDABLE fee of $9,000 which will be paid in monthly installments. [Based on $31550 of debt.]
  7. There are no additional monthly fees.

I’m away at the moment with limited internet access. So if you read the following agreement and spot anything of interest I missed on my quick review of it, please add a comment with your observations below.

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.

READ  FBL Associates Claims They Help Police Raid Debt Relief Office of Attorney Evan Kagan. Kagan Denies Allegation.



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.

71 Comments

  • How about you just pay your debt, Or avoid getting into debt buy not buying what you can’t afford. Only spend what your able to pay for. I dont understand why so many Educated americans can’t manage their own debt. SMH

  • I for one have recorded these crooks violating several laws.  Kagan and his pack of criminals are sleazy crooks and nothing more. And you can tell them I am saying so here and elsewhere online. My name is William James and if those crooks just respected the do-not-call list and or didn’t harass me up to nine time s a day for a long time after I’ve told them repeated never to call me again, then I wouldn’t be talking about them.  They are liars, they are thieves, they are criminals, and anyone trusting them is a fool.

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