An amazing reader sent in a new debt relief mailer through my I Buy Junk Mail program.
This one is rather alarming. I doubt the average person would see through what I think is a smoke screen to understand what just landed in their mailbox.
From outside appearances the letter looks like some sort of legal documentation, maybe governmental with the use of the big eagle.
The envelope is even markered Legal and Documentation.
But the inside of the letter is a doozie in my opinion.
The letter leads off with a headline that if people didn’t understand or miss the “RE:” would make it appear to be from the Department of the Treasury. As with many of these mailers that I write about, there is just enough to appear to be one thing but a disclaimer it is something else.
And I challenge anyone to determine who the company is behind this mailer. They identify themselves as Assistance Center, can there be anything more generic?
This line sure seems misleading, “This letter is to advise you that, Pursuant to the Department of the Treasury Publication 4681, the IRS is now permitting tax-free credit card debt forgiveness for borrowers who are experiencing a hardship and deemed insolvent.”
This is an IRS process that has been around for years. You can read the official IRS page on this, here.
The next underlined section is both a disclaimer and telling:
“It is important to note that Assistance Center is not a government or collection agency; this is not an attempt to collect a debt. The Assistance Center does not charge a fee for its initial consultation.”
Well there might not be a fee of the initial consultation but they don’t say there are no fees at all. To me that means there will be fees.
Next is an odd line, “You do not need to be late to qualify for this hardship program, however late payments will expedite the qualification process.” What hardship program are we talking about? If it is the IRS publication 4681, it does not say a qualification for income tax on forgiven debt is predicated on delinquency. So is the ever generic Assistance Center calling their pitch a hardship program?
The benefit section of the mailer reads like the typical debt settlement sales pitch and it proclaims the following benefits:
Wow! So much alleged bullshit here. Let’s go over it point by point:
The following statement in the advertisement is interesting. Earlier the letter said you did not need to be late to qualify for the “hardship program” but here it says you need to call immediately “to avoid any possible legal action from your creditors.” What legal action is a creditor going to take against someone who is current on their bills? The answer would be none.
In closing they say, “You need, and will receive, the full support of our organization to put this behind you for good.” Only one problem with that. If they are so proud and supportive then why not actually disclose who they are and where they are located?
I would advise anyone who gets such a letter to follow my free guide on how to check out a debt relief company. See The Ultimate Consumer Guide to Checking Out a Debt Relief Company Before You Sign On the Line before you leap. An open and honest company won’t hesitate to answer the questions in that guide.
This offer was able to be reviewed because a kind reader sent it in via my I Buy Junk Mail program.
If you receive a credit or debt relief offer in the mail, do some good and let me pay you for it. Click here.
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