Poor old United Financial System out of Florida. Looks like they promised to make client refunds in Wisconsin, did not meet the deadlines and Wisconsin closed them down. – Source
Fidelity Debt Solutions out of San Diego got shut down in Wisconsin as well for operating without a debt adjustment license.
It appears Fidelity Debt Solutions was given notice of a hearing on the matter but failed to answer the notice or appear at the hearing. – Source
Lesson to be learned, if you are a debt relief company and operating in Wisconsin, get licensed.
For information on licensing, contact:
Wisconsin Department of Financial Institutions
Division of Banking
PO Box 7876
345 W. Washington Ave
4th Floor
Madison, WI 53707-7876
Tel: 608-266-0451
Fax: 608-267-6889
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Update: I am talking to the Dept of Justice and AG office WI and they have informed me that the majority of their complaints dealing with these type of companies are based from California AND Florida!  WHY YOU ASK??  Because these 2 states did not have regulations on these type of companies until the last year ( almost sad isnt it?!)  So, here is your warning people….DO NOT deal with unaccredited, unlicensed businesses out of these 2 states, AND who do not get a BBB rating/ accredidation.  It seems like the light at the end of the tunnel is within distance again, finally. I have been notified that I am on both FL AND WI lists of being a part of any settlement, so if anyone hasn’t done so yet, please go to the AG of FL website and file a complaint to be part of this to ensure you are part of due refund.  Also a good idea to contact your state’s AG as well, so they can contact UFS as well and take any action needed.
Well it seems the people responsible for licensing have shut the door on them for not living up to their promises to issue refunds.ÂÂ
If you live in Wisconsin you can file a complaint with your Attorney General office, sue them yourself in small claims court, or ask them nicely for a refund. (which one was sarcastic?)
hahaha i dont know whether to laugh or stick my middle finger up at them…or both!!! 🙂  Its a little confusing to read, but is it safe to assume  that us Wisconsin residents SHOULD receive our refunds soon?  I’m not good at reading this official literature. 🙂 Should I contact someone specific in regards to making sure I do receive a refund by June, as in writing above.  I can’t imagine that is MY name crossed out since I never heard anything! 🙂 THANKS A MILLION FOR POSTING THIS!!!
brad
Well it seems the people responsible for licensing have shut the door on them for not living up to their promises to issue refunds.Â
If you live in Wisconsin you can file a complaint with your Attorney General office, sue them yourself in small claims court, or ask them nicely for a refund. (which one was sarcastic?)
Update: I am talking to the Dept of Justice and AG office WI and they have informed me that the majority of their complaints dealing with these type of companies are based from California AND Florida! Â WHY YOU ASK?? Â Because these 2 states did not have regulations on these type of companies until the last year ( almost sad isnt it?!) Â So, here is your warning people….DO NOT deal with unaccredited, unlicensed businesses out of these 2 states, AND who do not get a BBB rating/ accredidation. Â It seems like the light at the end of the tunnel is within distance again, finally. I have been notified that I am on both FL AND WI lists of being a part of any settlement, so if anyone hasn’t done so yet, please go to the AG of FL website and file a complaint to be part of this to ensure you are part of due refund. Â Also a good idea to contact your state’s AG as well, so they can contact UFS as well and take any action needed.
hahaha i dont know whether to laugh or stick my middle finger up at them…or both!!! 🙂  Its a little confusing to read, but is it safe to assume  that us Wisconsin residents SHOULD receive our refunds soon?  I’m not good at reading this official literature. 🙂 Should I contact someone specific in regards to making sure I do receive a refund by June, as in writing above.  I can’t imagine that is MY name crossed out since I never heard anything! 🙂 THANKS A MILLION FOR POSTING THIS!!!
brad