Debt Articles

Is The Debt Answer Really Going Under as Alleged?

A reader sent in a tip last week and I reached out to Global Client Solutions for a comment. The Debt Answer did not have an online contact form.

That was five days ago and they still have not responded. Absent any response I will go ahead and publish the reader tip about them so any client of The Debt Answer can contact their representative and verify the rumor.

Make sure you verify the rumor before you take any action. Please report back in the comments with any update you may get.

“The Debt answer is going under. They have laid off most of there staff and at this point they intend to bleed as money as they can from of the clients they have deceived since day one.

They have no attorney on staff or retainer. Their main concern in to keep as many people enrolled as possible so they can get the $45 monthly fee (this comes directly Kervin Jackson).

They tell the clients Global Client Solutions charges this fee . In reality GCS only gets $9.95 the rest goes to The Debt Answer.”


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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.

7 Comments

  • The DEbt answer stole several thousand dollars from mer and my mother. I have contacted the Attorney General from Texas and reccomend all who have been defrauded to do the same.  These people at the DEbt Answer, Loyd Ward and Assoc, Simon & Bosch are all commiting fraud including wire fraud and are the worst possible beings. They have ruined my credit, and my lively hood.

    • The CEO of “The Debt Answer” is LLOYD REGNER. The HR director is last known to be STEPHANIE CHERWIN. See multiple Posts here regarding COURT ORDER Auditor appointed to go to examine the Company. They are involved in numerous lawsuits.

  • What no one should do is base Any decision off some random post from an undisclosed person. That could cause a person to make a decision that could be harmful to their financial situation. I can say any debt settlement business that stops enrolling clients will clearly have a depleting client base and thus a big drop in servicing staff needs based upon losing clients that graduate or quit. Elementary stuff. Add to that issue that Lloyd Ward took over service due to a dispute with owner of The debt Answer, equals common sense; no need for a huge staff! These cuts are LONG over due. Pay attention to your debt being settled and your service needs! Not the “chicken littles” of the world. Clients will always get serviced via one of those two offices! And there will always be cuts!

  • The Debt Answer has defrauded me and my mother out of thousands of dollars they are commiting wire fraud and bank fraud Do Not TRUST Them or Loyd ward and Assoc Simon and Bocksch They are all the same

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