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.
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.