I am trying desperately to find out more information about Financial 180 Group. I have been sending them $1000 month for 2 years. The first year everything “has to go in arrears for us to begin negotiating on your behalf”. Then several of our accounts were settled. In between, I do not believe they have done much. However, they have an extreme failure to communicate so I do not really know. There website is no longer active. According to the BBB, they are out of business. The original phone number is disconnected and occassionally the 1-800 number has to.
Consumer Action Taken:
I have been calling and emailing for the last 4 weeks without any return communication. Finally I sent an email and stated that I felt like I deserve a return phone call on 9/4, I received a return email saying, “Yes, you do and I will call you tomorrow” Still no call. I am very concerned that my monthly payment is going no where that will help in the end. I do not know if I am being scammed. I still constant phone calls from debtors and do not know whether they are working with them or not. On 9/4/12, I recieved 3 messages from a debtor that they were supposed to be about done with negotiating.
Date This Problem Happened: September 4, 2012
State You Live in: Kentucky
Age Range: 36-50
Total Amount of Fee Paid: $12,000
Company Name: Financial 180 Group
Company Telephone Number: 858-831-9300
Website of Company: financial180group.com
According to this page, the Financial 180 Group president is Rob Goldstein. – Source
But just recently we were contacted by a Rob Goldstein who demanded we remove information about him on the site, specifically in this post.
In an effort to make sure his side of that issue was heard we published his comment in which he states:
I restarted a company in 2009 called Financial 180 Group, which I sold 2 years ago. Again, I was a “back end” company, negotiating settlements for the clients who were sold by other companies. Again, I had no access to anyones money.
I sold the business because I did not like being associated with the debt management co’s or any tactics they did when they signed up clients.
In the transaction with ALF (Elaine Sorrels), I filed a lawsuit against her for non payment, and later out she was under indictment for fraud with a med spa, billing.. whatever transpired with clients after i sold the business had nothing to do with me.
In the transaction with David Huffman, Freedom Group, who purchased Financial 180, I later sued him as well. – Source
So even though information is still out there saying Goldstein is the president of the company, apparently, as he says, he sold the company and Financial 180 Group was sold to Elaine Sorrels and ALF. Hopefully ALF is not the furry alien puppet we watched on television as a child.
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