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Liberty Settlement Group is Taking Money From My Mother. – Kathy

“Dear Damon,

My mother has been paying Liberty Settlement Group for almost 3 yrs. She is 72 and recently admitted to hospital- went to check her mail and phone messages. In the mail she received a letter stating that “once you have completed the initial fee payment period of your program and your entire monthly draft is allocated to your program savings, a monthly maintenance fee of $52.50 will be assessed to maintain your debt settlement”, this is from Debt Talk Liberty Settlement Group of Newport Beach, CA.

She is now receiving phone messages wanting her to settle a debt- one she had given to Liberty Settlement. I became suspiciuos , and it seems rightly so.

Can you help? She has paid $207.14 for 34 months, she thinks her bills will all be paid in full with a last payment in October 2011. I found what paperwork I could, was going to check it on computer, but found at the “summary of account”- Company will provide Client with online access to view their account activity on a daily basis. Company will provide Client with a user name and password after the enrollment period is complete. She does not have, nor know how to use a computer. Please let me know if you can help? Thanks!


Dear Kathy,

Yes, I will send you a private email. I would like to see the contract that your mother signed and any contact information you have from the company.

I will contact the company and see what I can find out for you.

Damon is a talented independent debt coach that provides in-depth assistance and consultations for people struggling with debt. If you want a personal debt coach to help you through a difficult situation or want assistance to find secret discounts offered by debt settlement companies I think Damon Day is an excellent person to contact for advice and assistance. He can be reached directly at

If you have a debt related question you’d like to ask, just use the online form.

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About Damon Day

Damon Day
Damon Day is a talented Debt Coach who offers fee based consultations to consumers as an alternative to the typical free debt relief consultations which are nothing more than thinly veiled sales pitches lacking any real information to help a consumer make a good decision. You can learn more about how he can protect you from getting ripped off at

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