Debt Relief Industry

New Path Financial Booted Out of Wisconsin

A tipster (send in your tips here) just let me know it’s been a really bad day for New Life Financial. Not only did New York City just subpoena them, see NYC Launches Investigation Into Debt Settlement Companies, but apparently Wisconsin just kicked them out of the State.

According to a July 6, 2011 notice, New Life Financial, located at 600 City Parkway West 165, Orange, CA 92868, was unresponsive to a hearing held in Wisconsin regarding unlicensed debt relief services they provided in the State.

The order requires New Path Financial to discontinue offer all service to Wisconsin residents and to repay all consumer in Wisconsin, all monies collected. They are also to pay the State $10,000 as well.


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READ  NYC Launches Investigation Into Debt Settlement Companies



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.

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