Debt Relief Industry Sued or Sanctioned

J Hass Group Debt Settlement Fine Upheld at Three Times State Request

“Around the same time last year, the J. Hass Group was slapped with a cease and desist order by the Arizona Department of Financial Institutions accusing the J. Hass Group of “engaging in unlicensed activity as a debt management company.” The company was ordered to pay a $50,000 fine.

Although their offices have since been cleared out, J. Hass has disputed it did anything wrong.

In fact, J. Hass appealed that cease and desist order, and 3 On Your Side has learned a ruling has been made.

This week, the judge in the case upheld the cease and desist order and, in addition, ordered the J. Hass Group to pay a $150,000 within 45 days. It’s an amount three times more than the state originally requested.

As for Aker, the J. Hass Group says her claims are false and says she backed out of her enrollment in their program prematurely.” – Source

The J. Hass Group says it intends to appeal.


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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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