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U.S. Debt Settlement Companies, Vortex Debt Group and Cambridge Life Solutions, Targeting Canadians

News out of Canada says that troubled Vortex Debt Group from Florida, and Cambridge Life Solutions out of California are now targeting Canadians with advanced fee debt settlement that is now illegal in their home country.

From what I see in the Cambridge Life Solutions pitch they simply took the U.S. pitch and stuck a red maple leaf on it and are now selling the same load of bull to our neighbors to the north. – Source

Canadian press claims, “Both companies offer debt settlement services and require the majority of their fees to be paid in advance of negotiating consumers’ personal debt with creditors.” – Source

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20 thoughts on “U.S. Debt Settlement Companies, Vortex Debt Group and Cambridge Life Solutions, Targeting Canadians”

  1. This is a very good comment about capital debt relief. It is very easy to sling mud at any company that labels themselves a debt settlement provider. You
    seem like a fair person who only has the best interest of the consumer
    at heart. We are one in the same. In the spirit of that, we ask for
    nothing more than a fair chance and an opportunity to conduct our
    business.

    Reply
  2. This is a very good comment about capital debt relief. I have gone through your content and like your way of approach .It is very easy to sling mud at any company that labels themselves a debt settlement provider.

    Reply
  3. You contacted the Ontario ministry. Cambridge Life Solutions has not and does not currently offer any services in Ontario, which is why there is no record of a license in this province. Should Cambridge Life Solutions decide to offer services in Ontario, we will make sure to meet all compliance and licensing requirements prior to assisting clients in this province. Thank You, Cambridge Life Solutions

    Reply
  4. None of this is true, I called the Ontario ministry today and neither Vortex or Cambridge is licensed or bonded to do business in Canada. Do yourself a favor and do business with a Canadian company that is legitimate, or just do it yourself.

    Reply
  5. I got the following response from Cambridge Life Solutions, Inc. Not sure why they didn’t just post it here but here it is:

    Dear Steve,

    We noticed your recent post regarding our company, Cambridge Life Solutions. As a credible company offering a legitimate service to Canadian consumers, we feel transparency is vital. Thus, we are reaching out to you in hopes that we can build an amicable and respectful relationship with open lines of communication.

    We would like to make it very clear that we are not now, nor have we ever been associated with Vortex Debt Group and the conglomerate corporations that seem to link back to all the same people. We work very hard to make sure we are functioning within the full parameters of the law and take every precaution to ensure consumer protection. We have had several lengthy conversations with Consumer Protect Branches across Canada and have spent copious amounts of time and resources with attorneys and business professionals to create the appropriate environment for this type of business in Canada.

    It is very easy to sling mud at any company that labels themselves a debt settlement provider; however we are not a fraudulent company or scammer and we stand strongly behind what we do and how we do it. After spending time reading the posts on your website, you seem like a fair person who only has the best interest of the consumer at heart. We are one in the same. In the spirit of that, we ask for nothing more than a fair chance and an opportunity to conduct our business.

    If you have any questions regarding our company, please do not hesitate to contact us directly via email at info@cambridgels.ca or by telephone at (657) 622-2531.

    Sincerely,
    Cambridge Life Solutions, Inc.

    Reply
  6. I got the following response from Cambridge Life Solutions, Inc. Not sure why they didn’t just post it here but here it is:

    Dear Steve,

    We noticed your recent post regarding our company, Cambridge Life Solutions. As a credible company offering a legitimate service to Canadian consumers, we feel transparency is vital. Thus, we are reaching out to you in hopes that we can build an amicable and respectful relationship with open lines of communication.

    We would like to make it very clear that we are not now, nor have we ever been associated with Vortex Debt Group and the conglomerate corporations that seem to link back to all the same people. We work very hard to make sure we are functioning within the full parameters of the law and take every precaution to ensure consumer protection. We have had several lengthy conversations with Consumer Protect Branches across Canada and have spent copious amounts of time and resources with attorneys and business professionals to create the appropriate environment for this type of business in Canada.

    It is very easy to sling mud at any company that labels themselves a debt settlement provider; however we are not a fraudulent company or scammer and we stand strongly behind what we do and how we do it. After spending time reading the posts on your website, you seem like a fair person who only has the best interest of the consumer at heart. We are one in the same. In the spirit of that, we ask for nothing more than a fair chance and an opportunity to conduct our business.

    If you have any questions regarding our company, please do not hesitate to contact us directly via email at info@cambridgels.ca or by telephone at (657) 622-2531.

    Sincerely,
    Cambridge Life Solutions, Inc.

    Reply
    • None of this is true, I called the Ontario ministry today and neither Vortex or Cambridge is licensed or bonded to do business in Canada. Do yourself a favor and do business with a Canadian company that is legitimate, or just do it yourself.

      Reply
      • You contacted the Ontario ministry. Cambridge Life Solutions has not and does not currently offer any services in Ontario, which is why there is no record of a license in this province. Should Cambridge Life Solutions decide to offer services in Ontario, we will make sure to meet all compliance and licensing requirements prior to assisting clients in this province. Thank You, Cambridge Life Solutions

        Reply
  7. Wow, not very good comments about Vortex Debt Group / Capital Debt Relief, but I have found too, through experience that these 2 companies are absolute frauds! My husband & I are from Canada, so when they contacted us, (we sent an inquiry via internet add initially contacting them) the red flags went up almost immediately when they announced they are out of Margate Florida. I began the process with Mr. Nigel Soloman who went through the entire process with me, explained in quantitative detail how everything would work, how the creditors would be paid, how they would be paid for their services rendered to us. It all sounded legitimate. He then passed me on to his Manager, David Bishop who again went through the entire process, to ensure that I understood, I agreed that I did, he re-capped all of the banking information by which they would automatically withdraw the payments from our checking account on the 4th. of each month beginning March 2011, ending June 8 2011. Later that evening my husband & I had questions, and some serious concerns so the next day I called them to have these questions answered. It seemed as though they knew it was me calling, and I could not get through to Nigel Soloman, David Bishop, Mathew Enlow, who had emailed me saying he would be looking after our account, and finally Jamie Lyons who ia another Supervisor / Manager with Vortex.

    Here are the facts for Canadian Consumers:
    An American debt relief company has absolutely no LEGAL jurisdiction in Canada
    They are not in any way sanctioned by The Canadian Securities Commission
    They cannot be Licensed, Insured or Bonded in Canada
    The bottom line, they cannot negotiate and settle a Canadian debt on your behalf as a Canadian Citizen!!

    I also sent the NOTICE OF RESCISSION FORM within the specified time frame of 3 days to cancel any and all action on my behalf, but have they received it? I don’t know, no one there will accept a call from me!

    A word of advice to all Canadians and Americans who think they are so far in debt they can’t see daylight, … Do your research, and most importantly, do not under any circumstance give them your banking information, pin numbers or any other information pertaining to you bank accounts! You will be guaranteed to end up in worse shape than when you began!!!

    Reply
  8. Wow, not very good comments about Vortex Debt Group / Capital Debt Relief, but I have found too, through experience that these 2 companies are absolute frauds! My husband & I are from Canada, so when they contacted us, (we sent an inquiry via internet add initially contacting them) the red flags went up almost immediately when they announced they are out of Margate Florida. I began the process with Mr. Nigel Soloman who went through the entire process with me, explained in quantitative detail how everything would work, how the creditors would be paid, how they would be paid for their services rendered to us. It all sounded legitimate. He then passed me on to his Manager, David Bishop who again went through the entire process, to ensure that I understood, I agreed that I did, he re-capped all of the banking information by which they would automatically withdraw the payments from our checking account on the 4th. of each month beginning March 2011, ending June 8 2011. Later that evening my husband & I had questions, and some serious concerns so the next day I called them to have these questions answered. It seemed as though they knew it was me calling, and I could not get through to Nigel Soloman, David Bishop, Mathew Enlow, who had emailed me saying he would be looking after our account, and finally Jamie Lyons who ia another Supervisor / Manager with Vortex.

    Here are the facts for Canadian Consumers:
    An American debt relief company has absolutely no LEGAL jurisdiction in Canada
    They are not in any way sanctioned by The Canadian Securities Commission
    They cannot be Licensed, Insured or Bonded in Canada
    The bottom line, they cannot negotiate and settle a Canadian debt on your behalf as a Canadian Citizen!!

    I also sent the NOTICE OF RESCISSION FORM within the specified time frame of 3 days to cancel any and all action on my behalf, but have they received it? I don’t know, no one there will accept a call from me!

    A word of advice to all Canadians and Americans who think they are so far in debt they can’t see daylight, … Do your research, and most importantly, do not under any circumstance give them your banking information, pin numbers or any other information pertaining to you bank accounts! You will be guaranteed to end up in worse shape than when you began!!!

    Reply

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