Quick Answer: Saltzman Law Group is a debt settlement company that settled 2 of 5 debts for this consumer but created a $12,000 tax liability from forgiven debt. The consumer paid $474 monthly with poor communication and no account statements from their partner Global Client Solutions.
Date This Problem Happened: July 31, 2010
State You Live in: Iowa
Race/Ethnicity: White
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Total Amount of Fee Paid: $1,500
Company Name: Saltzman Law Group
Company Address:
4600 E Sunset Road
#136
Henderson, Nevada 89014
Company Telephone Number: 877-404-4730
Website of Company:
Consumer Statement:
We were sucked into a debt settlement company who promised to settle all of our debts for us for pennies on the dollars. They told us stop paying the minimum payments. Do not answer the phone, send all mail to us…The group was Saltzman law group. They have settled 2 of the 5 debts for us. We are paying them $474 dollars a month. I just got a tax bill of @12000 for the 2 debts they did settle because it become income.
Consumer Action Taken:
I feel we are stuck in the land of no return. They do not negatiate for settlement until we are being served court papers,then they tell us to pay off the balance by selling husband’s 401k. We get no statements from Global Client solutions we have no idea how much money we have in our account…
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Know Your Rights: If a debt collector is contacting you, you have legal protections. See the complete list of FDCPA violations collectors commit most often. Use the free Debt Validation Letter Generator to demand proof of the debt, or check this collector’s complaint history with the Scam-O-Meter.
Dealing With Debt? Before you pay a collector, understand all your debt relief options — including ones the collector won’t tell you about. If the debt feels unmanageable, take the 2-minute bankruptcy quiz to see if the math favors a fresh start. Federal Reserve research shows filers recover faster than those who don’t file.
