A tipster (send in your tips here) sent me an email today letting me know that The Debt Answer/ABC Debt Relief have now started selling debt relief services under the name of World Law Plan.
ABC Debt Relief is a company I have written about before. You can find previous articles here. With the new telemarketing sales rules going into effect today it appears ABC Debt Relief has switched from selling the debt settlement services of Lloyd Ward, a Dallas attorney, to now promoting themselves as World Law Plan at the same business address of 12655 N. Central Expwy Suite 800, Dallas, Texas 75243 they have used before.
What’s ironic is that it appears the World Law Plan site is using the same settlement examples and testimonials that ABC Debt Relief used to sell services for other providers.
In fact the “Real” customer testimonial graphic says it is for Lloyd Ward. Word back from Ward tells me he says he has nothing to do with World Law Plan.
Click Image for Larger View
And here is a settlement letter they are using that says it was for another debt settlement lawyer they promoted, Simon & Bocksh. – Source
On the World Debt Plan site they say this about that settlement letter:
Bank of America’s books showed an outstanding balance of $7,296.47 for this client. We immediately stepped as an advocate for the client, handling all exchanges with Bank of America on the client’s behalf. The client enrolled in our Debt Negotiation plan to begin accruing money as soon as possible. We were able to achieve a significant reduction in the client’s account balance during our negotiations with Bank of America. Ultimately, the client became responsible for a renegotiated balance of only $1,100.00, payable in intervals—totaling only 15% of their original balance. – Source
The odd thing is it’s not even their client and for a completely different firm and happened before World Law Plan even existed.
Even more interesting for me is that I recognize the video that tops their site as the same one ABC Debt Relief used to market services for Lloyd Ward and Simon & Bocksch. I guess everything got recycled.
Video of audio and video from abcdebtrelief.com representing Lloyd Ward & Associates.
And then there is this statement on the site.
When should I consider bankruptcy?
Bankruptcy is very serious and will stay with you for the rest of your life. Nothing is as damaging as Bankruptcy and the negative impact on your credit can be overwhelming. Bankruptcy is for consumers who are in serious financial hardship and for those that generally cannot even save minimal amounts to settle their obligations.
Nothing is as damaging as bankruptcy? Well what about the problems surrounding poor debt settlement like delinquent accounts, aggressive collections, getting sued, negative credit for seven years?
Even the site says:
In our Debt Settlement Plan, creditors can report your accounts as late, which will have a damaging effect on your credit score. Once a mutually agreeable renegotiation is reached with each creditor, the creditors will mark the account as “Settled with a zero balance “… “Paid “paid satisfied”…..”Paid settled”…Or something similar.
What they fail to mention is that the amount of debt forgiven can also appear as a black mark on the credit report for seven years.
So if bankruptcy is for consumers with “serious financial trouble” then are the solutions offered by World Law Plan for people that don’t have serious financial trouble?
And as I depart this article I thought it would be interesting to see when the company World Law Plan was formed in Texas. According to the State of Texas there is no company registered under the name World Law Plan.
Since World Law Plan says it’s a member of the American Bar Association I then called the ABA and was told that World Law Plan can’t be a member since a law firm can’t be a member, only individual attorneys. World Law Plan lists no attorneys on the site.
Even the Texas Bar Association has no record of a law firm called World Law Plan.
According to public records the domain name used by World Law Plan, debtelimination.co is actually owned by Truman Hedding of El Segundo, California. “Truman Hedding is an Internet Marketing Consultant and owner of TruInteractive – a boutique Design & Search Marketing Agency.” – Source
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World Law Plan – Archive
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To the people who are using lloyd ward debt relief and ABC debt relief or world law plan, you should read about their debt litigation specialist and team leader Michael Pflaum before you decide to use them. He is a career criminal who has scammed many and you can read more about him here: http://michaelpflaum.blogspot.com/
If someone who reads this has Stephanie Cherwin’s email, will you please post it here or send it to me gioia6420@hotmail:disqus .com
thank you.
Steve. Lloyd Regner alone is the one that is behind this. In an effort to resolve a dispute that Lloyd Regner is having with Lloyd Ward, Lloyd Regner has now defrauded the clients, global client solutions, as well as Lloyd ward and even world law. However he is gotten caught with his hand in the cookie jar. Global clients solutions is aware of his activities now and soon to be most of the AG’s. he was responsible for servicing those clients under Lloyd Ward. Then he took hundreds of them and switch them over deceiving everyone. There’s not enough room to give all the details. But they will all be coming out in multiple ways very shortly. The point is, just because you have a dispute with Lloyd Ward, does not make you the friend of Lloyd Regner. We’re at least it should not buy your ethics. Finally, Regner in addition to deceiving everyone, is now out of compliance in most all of the states. Everything is crumbling around him and it’s only the beginning
Hello, I’ve been reading your blog and my problem is not with the company itself but an employee there by the name of Michael Pflaum. He started working at Simon and Bosch here in Miami. Pflaum and I are married and that company transferred him to Dallas Tx to work for ABC debt relief or what ever name is used by Lloyd Ward in Jan of ’11. S & B closed here in Miami and I guess they thought Michael was asset, they payed for his transfer. We separated in ’10 and the judge here in Miami ordered Michael to pay me alimony every month. Our hearing was on Feb 06, ’12. But I can’t get michael’s boss Tim Wiersman to give their HR dept the income deduction order. Stephanie Sherwin who works in the HR dept won’t even return my calls. Today Tim Wiersman tells me after I’ve been waiting for 4 months for the income deduction order to go through says, that he doesn’t think Michael has to pay my alimony because TX doesn’t abide by Florida’s rules!
Michael Pflaum is not a good person. He stole a lot of money from me while I was pregnant and he also cheated on me and got another pregnant. Pflaum is a bad person working for a bad company. But how do I get him to pay me? Can anyone help me?
gioia6420@hotmail.com
Btw it’s Stephanie Cherwin the wife or supposed wife of the Famous Lloyd Regner.
Stephanie is the emergency relief team after the challenges began of the destruction cause solely by Lloyd Regner. I say supposed wife because it’s a mystery as to whether they were having children out of legal wedlock or common law. She did file for divorce! Many rumors regarding Mulitle reasons.
Report Lloyd Regner and his HR director /(maybe wife or not who knows) to your Florida Atty General as well as the Texas Atty General. File a complaint and they must answer to the regulators.
The HUman resource contact at our company is Stephanie Cherwin and you should call her. She has children too
I contacted both, thank you for the idea.
What I mean is you make implications rather than speak facts. I’m new around here. I chime in when I can. I like this site because it allows me the opportunity to banter with consumers needing advice. I surely did not mean to offend you. Sometimes I take things personally when the story, to me, looks one sided. Like GOPs and DEMs. When in the grand scheme of things life’s too short. Maybe I’ll get a chance to catch up with you in another thread.
I wonder what the FTC thinks of the fact that World Law does not even use any exemptions like the face to face- they simply charge “legal fees” based upon how much the client owes but they say the legal fees are for something else but again, they are based directly on how much the client owes.
Maybe the FTC is just going to let them do business as usual with this model and show everyone that when they make a ruling, they don’t really mean to enforce it except for maybe a token action here and there with a couple easy to persue small players?
I guess I don’t understand your reply to my post. Yes, there is a new law. One which does not fully exempt attorneys. The FtC stated that attempts by debt settlement firms to partner with law firms is in fact a violation of the law. The law states that debt relief services cannot charge up front fees for service. The “spirit of the law is to protect consumers whose financial situation may change by insuring they don’t pay for a service they won’t receive” as quoted from Allison Brown with The FTC.
The meek would be those few companies that don’t charge up front for these services. I’m guessing you are an affiliate sales company of The World Plan since obviously you prefer a way to get around the law.
I suppose we will see how it goes. Honestly your post makes no sense. Good luck.
What do you mean when you say “good guys?” The Govt put you through something? I’m confused. There seems to be a lot of rambling, such as, talking about the meek shall inherit the world?
Not all forums are substaniated with evidence; most are just rotten, bitter opinions. Just saying….
P.S. the FTC did do something….they implemented a new law regarding telemarketing and debt settlement…..Again, just saying.
Are you saying that this is a scam? Please…make it simple. I thought that I was trying to start over and move in the right direction, but if this is the wrong direction, can you please just tell me.
Are you saying that this is a scam? Please…make it simple. I thought that I was trying to start over and move in the right direction, but if this is the wrong direction, can you please just tell me.
I wonder what the FTC thinks of the fact that World Law does not even use any exemptions like the face to face- they simply charge “legal fees” based upon how much the client owes but they say the legal fees are for something else but again, they are based directly on how much the client owes.
Maybe the FTC is just going to let them do business as usual with this model and show everyone that when they make a ruling, they don’t really mean to enforce it except for maybe a token action here and there with a couple easy to persue small players?
Couldn’t find Any Street on Google Maps. 🙂
Just because I think this will come up again, I created an archive of the WorldLawPlan.com site, here.
Curious… Any relation to World Law Plan with the website worldlawplan.com? (by the way, check out the contact address! 2010 Any Street, Dallas, TX?!) Which looks a heck of a lot like worldlawdebt.com, which is the new incarnation of Swift Rock Financial?
Curious… Any relation to World Law Plan with the website worldlawplan.com? (by the way, check out the contact address! 2010 Any Street, Dallas, TX?!) Which looks a heck of a lot like worldlawdebt.com, which is the new incarnation of Swift Rock Financial?
Couldn’t find Any Street on Google Maps. 🙂
Just because I think this will come up again, I created an archive of the WorldLawPlan.com site, here.
WorldLawPlan.com is run by Lloyd Regner
A rose of another color?……… I wonder if the FTC or Consumer Protection Financial Bur or State bars or AGs will actually do anything? I have to say we have spent a small fortune insuring compliance & to know our investment may be a complete waste as these “companies” continue with scamming as usual… Really sucks. No other words. Action needs to swift & harsh. Lead companies I spoke with today have indicated its pretty much biz as usual under these BS models. When will the meek inherit the world? We were “meek” before & that won’t change, but after all the Gov put even the good guys through, they better freakin back it up
A rose of another color?……… I wonder if the FTC or Consumer Protection Financial Bur or State bars or AGs will actually do anything? I have to say we have spent a small fortune insuring compliance & to know our investment may be a complete waste as these “companies” continue with scamming as usual… Really sucks. No other words. Action needs to swift & harsh. Lead companies I spoke with today have indicated its pretty much biz as usual under these BS models. When will the meek inherit the world? We were “meek” before & that won’t change, but after all the Gov put even the good guys through, they better freakin back it up
What do you mean when you say “good guys?” The Govt put you through something? I’m confused. There seems to be a lot of rambling, such as, talking about the meek shall inherit the world?
Not all forums are substaniated with evidence; most are just rotten, bitter opinions. Just saying….
P.S. the FTC did do something….they implemented a new law regarding telemarketing and debt settlement…..Again, just saying.
I guess I don’t understand your reply to my post. Yes, there is a new law. One which does not fully exempt attorneys. The FtC stated that attempts by debt settlement firms to partner with law firms is in fact a violation of the law. The law states that debt relief services cannot charge up front fees for service. The “spirit of the law is to protect consumers whose financial situation may change by insuring they don’t pay for a service they won’t receive” as quoted from Allison Brown with The FTC.
The meek would be those few companies that don’t charge up front for these services. I’m guessing you are an affiliate sales company of The World Plan since obviously you prefer a way to get around the law.
I suppose we will see how it goes. Honestly your post makes no sense. Good luck.
What I mean is you make implications rather than speak facts. I’m new around here. I chime in when I can. I like this site because it allows me the opportunity to banter with consumers needing advice. I surely did not mean to offend you. Sometimes I take things personally when the story, to me, looks one sided. Like GOPs and DEMs. When in the grand scheme of things life’s too short. Maybe I’ll get a chance to catch up with you in another thread.