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The Debt Answer and Lloyd Ward & Associates, What Should I Do Now?

“Dear Steve,

I have been reading up about this co on your site, along with Lloyd Ward and previously Simon and Bosch and realize that my 2 year stint to date (out of 4) of paying them $423.06 a month is probably a scam. I was only researching b/c I feel I cannot make any more payments and must go bankrupt and file Chapter 7. I am a US citizen but live in Italy. I don’t have assets to be taken, only a bank acct in the us, so it probably won’t effect me that bad. That is if I can even claim chapter 7 living out of the country. Problem is I don’t have MOney to pay a BR lawyer and I cannot appear in US to attend the court.

SO where does that leave me I wonder?

My debt was 40K, cut down to 16K to the companies with a $5K fee to the debt answer/law firms.

I signed with THE DEBT ANSWER at 1001 Brickell Bay Drive, suite 1200, Miami, Florida 33131 in May 2010. I just now tried contacting them to tell them I could no long fulfill my contract and would have to stop, but my email got sent back. Then I checked the web site and that too is no longer operating. Then I started scouring their names on the web.

I came across this site and read many many testimonials against them. I have paid them about $12,000 off of a 20,000 debt but still have another 2 years to go if I were to continue. I read the page about getting money back from them, but
i wonder has anybody gotten money back from a debt consolidation co by doing what Steve suggested?

Is there a way (short of contacting each c/c co) to find out what (if anything) has been paid? My law firm is Lloyd Ward associates at 12655 North Central Expressway, Dallas Tx.

My fear is if I contact the card companies here from overseas here in Europe where I now live, then they’ll know how to reach me and could sue me.

READ  We Went with The Debt Answer and They Are Not What We Hoped For And We've Been Sued. - David

What if Lloyd are paying the credit companies money and are settling my debts, is that a possibility? After reading so many testimonials on your site, I doubt it.

What should I do now? Declare bankruptcy? Keep paying the Law firm?”

The first step should be for you to reach out to your customer service contacts at Lloyd Ward & Associates and ask for a status update on your account.

There are steps that can be taken but rather than react out of fear, let’s react out of fact.

I also sense you have not had a chance to communicate with Lloyd Ward & Associates much about your account but just have been passed around.

Please contact Lloyd Ward & Associates and let me know what the update is from them and then we can look at what to do next. Does that sound like a reasonable approach?

Please post your responses and follow-up messages to me on this in the comments section below.


You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.

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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