The State of Connecticut is not very happy with First Choice Debt Resolution.
According to the State:
1. Respondent is a Nevada limited liability company having its principal place of business at 5340 N. Federal Highway, Suite 206, Lighthouse Point, Florida.
2. From at least October 2009 to May 2012, Respondent engaged in debt negotiation of unsecured debt on behalf of at least 30 Connecticut residents and received over $75,000 in fees for such services. Such fees are in excess of amounts that debt negotiators may charge pursuant to the Schedule of Maximum Fees established by the Commissioner on or about October 1, 2009 (“Schedule of Maximum Fees”). The Schedule of Maximum Fees permits a debt negotiator of unsecured debt to collect total aggregate fees, including the initial fee and services fees, not to exceed ten percent (10%) of the amount by which the consumer’s debt is reduced.
3. From at least November 2011 to the present, Respondent has offered to Connecticut residents debt negotiation services of unsecured debt via the Internet and has represented that it would work directly with creditors to “[r]educe your total outstanding debt; sometimes by as much as 25 – 50%” and “[n]egotiate an affordable payment plan that could help you eliminate your debt in as little as 2-4 years”.
4. At no time relevant hereto has Respondent been licensed to engage or offer to engage in debt negotiation in this state, nor does Respondent qualify for an exemption from such licensure.
The State has ordered that not later than forty-five (45) days from the date this Order to Make Restitution becomes permanent, First Choice Debt Resolution, LLC shall repay each Connecticut resident who entered into an agreement for debt negotiation services with First Choice Debt Resolution, LLC on and after October 1, 2009, any fees paid by such Connecticut resident to First Choice Debt Resolution, LLC, plus interest. Payments shall be made by cashier’s check, certified check or money order. – Source
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.
I can always use your help. If you have a tip or information you want to share, you can get it to me confidentially if you click here.