A reader contacted me and wanted to know more Wage Shield. The company claims that for $2,995 per couple they can protect assets from creditors.
The Wage Shield website is very open on sales information but short on critical details.
The site says the representative is Jason Oswald and the company name is Hennessy & Associates, LLC. But the site provides no identification I could find regarding where the company is actually located.
According to public records, the domain name wageshield.com is actually owned by:
1130 Bergman Drive
Stillwater, Minnesota 55082
The State of Minnesota has no company registered to do business under the name Hennessy & Associates.
The WageShield website does provide an additional clue. It says, “My name is Jason L. Oswald (aka The Debt Help Guy), and I want to personally thank you for visiting this site. I’m the owner of National Debt Consultants, Inc. (NDC), a national debt settlement service that has helped thousands eliminate their debts while protecting their rights.” – Source
So if Jason L. Oswald is the owner of National Debt Consultants, Inc. then why sign the website as Jason L. Oswald of Hennessy & Associates, LLC? Odd.
The National Debt Consultants website says that company is located in Minnesota at:
13055 Riverdale Drive NW
Minneapolis, MN 55433
They also say their telephone number is 888-883-3287, the exact same number as Wage Shield. Interesting. – Source
The mailing address of the company looks like a mail drop at a local UPS store that is actually in Coon Rapids. – Source
The State of Minnesota shows National Debt Consultants, Inc. is a registered corporation that is licensed in the state.
This is just what I was able to locate in a few minutes. There certainly are some unanswered questions about the company. I would suggest that if anyone is considering using the services of such a company they follow this guide to check them out before parting with your money.
Additionally, consider that if you want to investigate asset protection it might be in your best interest to consult an attorney that is licensed in your state.