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Home > Author Archives: Steve Rhode (page 27)

Author Archives: Steve Rhode

Today in Debt Relief History – Consumer Affairs Law Center

burning_through_paycheck

Frankly I get sick of writing about lawsuits in the debt relief industry between partners that have a falling out. But the reason I find the complaints often fascinating is they provide a look into the history of some organizations and entities. We get to learn how the whole thing developed. In this case we have the April 1, 2015 ... Read More »

    Family Makes Their Mortgage Payments But Gets Foreclosed On Anyway

    oops

    How ridiculous would it be if you made all your mortgage payments in full and on time for years and your mortgage lender foreclosed on you anyway? Surely that could never happen. Unfortunately, that’s exactly what happened to Henry and Elizabeth Manfrediz, a lovely married couple with four kids and a cute dog, who live in Florida. Henry and Elizabeth ... Read More »

      How Can I Payoff Massive Parent PLUS Loans My Mom Can’t Afford?

      tax_audit_questions1

      Dear Steve, My situation is similar to those asking about student loans and repayment. My Mom had to take out parent plus loans under her name to help me with school. We both understand the responsibilities we have. However, she can barely afford to pay for her rent and food on the money she makes. Therefore, I’m the one making ... Read More »

        United Credit Consultants Awarded Gold Stevie® Award In ‘Collaboration Solutions Category’ As A Credit Repair Services Company

        chicken

        Burnsville, Minnesota (PRWEB) March 31, 2015 – United Credit Consultants was honored during awards gala banquet in late February at the Bellagio Hotel in Las Vegas. More than 500 executives from the U.S.A. and several other nations attended. United Credit Consultants was presented with a Gold Stevie® award in the ‘Innovation In Sales’ category in the ninth annual Stevie® Awards ... Read More »

          Consumer Services Corp / Client Services Debt Relief Mailer

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          Recently I’ve had several different mailers sent in that seem to continue the past theme of looking like official notices, government mailers, or continuing to use official seals or logos. Here is one of them. Consumer Services Corp. / Client Services The one below from Credit Services uses an official looking seal and the mailing address appears to be a ... Read More »

            MSI Credit Solutions Opens New Office in Memphis

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            Frisco, TX (PRWEB) March 30, 2015 MSI Credit Solutions is proud to announce that they have recently opened a new office location in Memphis, TN. The new location will allow the company to expand their services to more consumers in the area. The new office will be located at 930 S. White Station in Memphis, TN within the Keller Williams ... Read More »

              Is the AAFES Military Star Credit Card Screwing Over Veterans?

              Where did my debt relief company go?

              Ashley Woods wrote to me and expressed grave concern about a situation she ran into with an AAFES Military Star credit card she owed. It’s one thing to have a balance due but it’s quite another when the collection company appears to just make up what you owe. Ashley she was contacted by Transworld Systems and appears to have gotten ... Read More »

                Should We File Bankruptcy Because of Business Debts?

                Writing Q&A, Questions and Answers on a blackboard.

                Money, Credit and Debt Advice – Get Out of Debt Guy Question: Is There Hope for Us in Bankruptcy? Dear Steve, We have roughly $80,000 in credit card debt. We have 4 children, 2 in college and 2 yet to go. We own a small business that we run out of our home in addition to my being a teacher. ... Read More »

                  CFPB Stops Bad Check Debt Collector From Frightening Consumers

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                  Today, the Consumer Financial Protection Bureau (CFPB) announced an enforcement action against a nationwide debt collection operation and its chief executive officer for using deceptive threats of criminal prosecution and jail time in order to intimidate consumers into paying debts for bounced checks. The company also misled consumers into believing that they must enroll in a costly financial education program ... Read More »

                    Debt Relief Scammer Gets More Than 11 Years Behind Bars

                    mans hands behind bars in jail or prison

                    Christy Romero, Special Inspector General for the Troubled Asset Relief Program (SIGTARP), and Stephen R. Wigginton, United States Attorney for the Southern District of Illinois, today announced that Jonathan L. Herbert, age 36, of Lighthouse Point, Fla., was sentenced today to 140 months in federal prison for wire fraud in connection with a fraudulent mortgage relief scam. Herbert operated the ... Read More »

                      How Can I Get the Debt Collector to Stop Bothering Me?

                      Debtstar

                      Question: Dear Steve, I’m getting really tired of being hassled for an old debt I don’t owe. I keep trying to explain to the debt collectors that I don’t owe the bill they keep trying to say I need to pay. What can I do? Mary Answer: Dear Mary, Being chased for a debt you don’t owe is not fun. ... Read More »

                        Should I Eliminate My Debt With Debt Settlement or a Debt Negotiator?

                        millennials_credit

                        “Dear Steve, I am looking for help to get my debts in order. I owe approx. $30,000 (9) credit cards, (1) loan. The accounts are all closed and are shown as being charge offs. I don’t know if I should go the Debt Settlement route or Debt Negotiator route. I’m starting to get phone calls and letters from these creditors ... Read More »

                          FBI Announces Arrests of Debt Relief Officers and Key Players

                          White Collar Criminal

                          SALT LAKE CITY—A 40-count federal indictment unsealed on March 6th in U.S. District Court in Salt Lake City charges six individuals with violations of federal law in what the indictment alleges was a scheme to market and sell home loan modification services to distressed homeowners trying to save their homes from foreclosure following the financial crisis of 2008. Investigators believe ... Read More »

                            Should I Take Out a Student Loan to Payoff My Wife’s Student Loans?

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                            “Dear Steve, My wife and I both finished our undergraduate degrees, I did not have any debt, while she accumulated quite a bit of debt. I am currently in dental school, and while I still do not have to take out loans for school, I have access to loans that have a lower interest rate than some of her private ... Read More »

                              My Ex-Husband Stopped Paying the Student Loans and I Cosigned

                              Divorce papers and cash with misc items

                              “Dear Steve, I cosigned for a private student loan for my exhusband while we were married in 2007. There is a court order stating that he was required to refinance the loans in his name only which he never did, so I have proceeded to sue him and he is in contempt of court. He has recently filed for bankruptcy ... Read More »

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