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Financial Help Services in the News But in the Wrong Way

By on January 26, 2015

A reader sent me a story about a Ft. Lauderdale debt relief company, Financial Help Services. It appears the Bobby Blackmon company has run into what is either an issue of not paying creditors for his Debt Management Plan clients or a serious case of poorly explained client expectations with creditors.

In a bizarre move, Blackmon spoke to WSVN television and blamed the lack of creditor contact on a broken pipe in the office. First time I’ve seen that explanation.

You can watch the WSVN story, here.

Financial Help Services says they are a non-profit credit counseling company and a IRS 501(c)3 with 23 years experience.

For some unexplained reason the Florida company is actually an Arkansas non-profit corporation and registered as a foreign non-profit in Florida in 2012. The first annual return I found with the IRS was 2012 as well. I’m not sure where the 23 years experience comes from then.

But the issues surrounding Financial Help Services appear to be making waves in offices besides the Florida Attorney General. The BBB is reporting the company is not accredited, has an F rating and 179 complaints as of today. The BBB also provides an alert that says, “Financial Help Services has a pattern of complaints from consumers that are alleging their checking accounts have been debited but their creditors haven’t been paid for 2-3 months as of December 10, 2014.” – Source

Hopefully the company can get their pipe fixed and get this situation resolved so creditors are receiving payments on-time again and clients are back to being happy and satisfied.

If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free.

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About 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.

One Comment

  1. Blen Butterson

    January 27, 2015 at 12:54 pm

    Debiting accounts and not paying creditors… not sure how that can’t be construed as fraud or theft. Hopefully he ends up in prison – no excuse for that type of behavior.

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