Home > Author Archives: Steve Rhode (page 23)

Author Archives: Steve Rhode

Rut Ro – Data Breach at Hilton Properties

cathackgmail

If you recently stayed at a Hilton Hotel, Embassy Suites, Doubletree, Hampton Inn and Suites, or Waldorf Astoria – a hack may have exposed your financial details. Banks have identified a pattern of fraud that strongly suggests certain payment systems in these Hilton Hotel properties in several locations were hacked, exposing customer payment card information. Hilton confirmed that it is ... Read More »

    My Car is All Worn Out. What Should I Do?

    The Chevy Spark I drove recently.

    Question: Dear Steve, I need two new cars(used cars) but I don’t know if I should fix these old cars or trade them in and buy 2 used ones. My 2007 Kia Optima has 165K miles on it and wont pass inspection-needs catalytic converter and new tires (maybe $1500?). My ex-wife has Kia Sedona with 100K miles and needs new ... Read More »

      This Guy Gets How to Deal With Debt

      Debt Settlement Advice

      Bill Westrom just sent in an article to me to post on my GetOutOfDebt.org site and it was so on track with what I have been trying to get across to people. I had to share it with you. Bill understands that dealing with debt is about education, understanding, introspection, and not forcing the solutions to fit the problems. Far ... Read More »

        Debt Collector Claims Debt Collector Owes Them Money

        oops

        In a twist of irony, National Credit Adjusters, a Kansas based delinquent accounts receivable company has filed suit against Cred X Debt Recovery, James Sauer, Jeffrey Schultz, and Richard Schultz. National Credit Adjusters claimed the following in their suit. “On or about May 24, 2012, NCA contracted with Defendant Cred X to have Defendant collect unpaid accounts on NCA’s behalf. ... Read More »

          It’s Over – Debt Relief Trial of Otto Berges and Consumer Protection Counsel

          closeup of a gavel on cash, from above

          In checking on recent updates, it appears the court case I reported on regarding Otto Berges, Consumer Protection Counsel, Berges Law Group, and Debt Be Gone; is over after a quick day or so trial. For those that want to read the backstory, click here. It looks like Berges and others named in the case by the consumer have lost ... Read More »

            Reporter Discovers Student Loan Shit Your Pants Syndrome #SYP

            Empty toilet paper roll hanging in a restroom

            Question: Dear Steve, I borrowed a grand total of $88,000 in private loans (Sallie Mae) for college. Struggles with health (migraines, vertigo, etc.) forced me to take nearly six years to finish my degree. Since that time, the total has ballooned out to $119,316.52 as I’ve only been able to pay the interest and have had to use forbearance requests ... Read More »

              Four Years Later, Consumers Get Pennies From Debt Relief Scam

              business, people, bankruptcy and failure concept - close up of businessman showing empty pockets over blue background

              Four years ago now the California Department of Justice swooped in an shut down an enterprise they claimed was taking advantage of consumers who were seeking mortgage modification or actions against the mortgage company. More can be read here. The parties named in the original action included: Attorneys Processing Center, LLC, also doing business as Attorney Processing Center, and Processing ... Read More »

                Department of Education Tips Hand on Student Loan Defense

                whispering

                The Department of Education is scheduled to publish a request that seems to tip their hand about a borrower defense that could allow lots of students from having to repay their student loans. Clever attorneys will find a way to confirm if schools have violated state laws, as the government has claimed some have. If proven the school had violate ... Read More »

                  Where Did World Law Go? This is Who to Call.

                  Abstract Businessman jets off with Rocket Pack.

                  I’m getting a number of people contacting me who are freaked out they can’t contact anyone at World Law. For more information on the legal misfortunes of World Law, click here. The court appointed receiver for World Law is: Robb Evans and Associates, LLC 11450 Sheldon Street Sun Valley, California 91352-1121 Phone: (818) 768-8100 Until clients hear from the receiver ... Read More »

                    Debt Relief Attorney Kills Mother. Another Loses License.

                    Young man with a funny perplexed expression, expressive on his face, isolated on a white background

                    Tragic is all I can think of to describe the subsequent events that happened to United Law Group and Brookstone Law. United Law Group (ULG) was an Irvine California operation that was selling hope to avoid the loss of your home to foreclosure. You can click here for past articles on ULG. In 2010, United Law Group filed bankruptcy. In ... Read More »

                      Encore Capital Group and Portfolio Recovery Associates Nailed for Deceptive Tactics to Collect Bad Debts

                      debt-collective

                      Today the Consumer Financial Protection Bureau (CFPB) took action against the nation’s two largest debt buyers and collectors for using deceptive tactics to collect bad debts. The Bureau found that Encore Capital Group and Portfolio Recovery Associates bought debts that were potentially inaccurate, lacking documentation, or unenforceable. Without verifying the debt, the companies collected payments by pressuring consumers with false ... Read More »

                        I Have a Mental Problem That Leaves Me Unable to Pay My Student Loans

                        Businesswoman does the questions

                        Question: Dear Steve, I have a mild psychiatric disorder, and I have my total and permanent disability form accepted. However, I found out that for a three year monitoring period, if I make money over the poverty level, in three years I will have to go back to paying it back. While I’m a responsible woman who can’t pay back ... Read More »

                          More Twists and Turns in Morgan Drexen Case Now Involving Howard Law

                          courthouse 2

                          Last week the Consumer Financial Protection Bureau (CFPB) deposed Walter Ledda, the former man in charge of the debt settlement company Morgan Drexen. Ledda disclosed some information that made the ears of the perk up a bit and they filed a new court document. Rather than rehash the entire background of this multi-year court action between the CFPB and Morgan ... Read More »

                            Sarah Discovers Some Student Loans Can Be Settled

                            FACT OR FICTION? red Rubber Stamp over a white background.

                            One of my readers, Sarah, recently shared her experience settling student loan debt. It a good followup piece to my article This is How You Can Settle Your Navient Student Loan. Sarah mentions several points that need clarification. But overall, she has learned, as others have, that you can settle private student loan debt in some situations. Sarah writes in ... Read More »

                              Working On a Story – Did the CFPB Call and Threaten Your Debt Relief Company?

                              cfpb

                              I’m working on a story about the CFPB calling debt relief companies and saying, “Hello this is ___ from the CFPB calling about an enforcement matter, please call me back immediately.” Companies that are calling back do not have an enforcement matter but are being pitched to register for the CFPB online portal. If your company has received such calls, ... Read More »

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