New Era Debt Solutions sent me over a mailer that just made their blood boil. It seems some representative for some other debt relief solution had mailed one of their clients with a fantastic new offer. And by the way, if you get any bogus offers you want me to expose you can send them to click here.
Matt Davis, from Singer Island, Florida thought it would be a good idea to send out a letter to these clients of New Era and tell them all the reasons why he had a better solution.
You’ll see the letter below, but for now, let me paraphrase it.
- I know the debt settlement company you picked has an A+ rating with the BBB but…
- They are not your best option, you could be sued.
- They are not your best option because they are not attorneys.
- They are not your best option because it will hurt your credit.
Davis claims to have 3+ years of experience in the field and states, “You will be sued after 12 months of not paying,” “Trust me when I say this. You will end up in a court room and have to hire an attorney later on.”
And for someone with years of experience in the debt relief field, you would hope the representative would at least know that any creditor can sue any consumer at any time they are in default. Some sue quickly, some don’t. And while a lawsuit to enforce a contract is always a concern, there is no guarantee someone will be sued. Nor is there any guaranteed legal defense to not repaying your debt as contractually agreed.
The Sales Pitch Letter
The sales representative then appears to make the claim that only by using New Era Debt Solutions the consumers will have tai problems from forgiven debt.
The solution presented, Matthew Davis says the people should “Hire an Attorney!!!!” for $12,000. But what is omitted here is the fact New Era Debt Solutions is a no advance fee debt settlement company and that the consumers also face legal challenges and tax implications, either way.
The solicitation is in no way compliant with legal solicitations and it clearly claims that the credit report will be doctored as well, a violation of the Credit Repair Organizations Act.
Hey, Competition is Good
I’m all about companies giving consumers options on how to deal with their debt and most of the stuff readers send me, I never publish, but for me, this one crossed over the line.
I don’t know Matthew Davis from a hole in the ground but if any sales representative is making a debt relief pitch based on misstatements and incorrect basic assumptions, that just makes me mad and that’s how this stuff gets published.
It’s a good thing Davis lives in Florida near Mickey Mouse because that solicitation should get him a free pass into Disney since it looked so much like Goofy.
Debt relief sales representatives, we can do better than this.
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