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Home > Author Archives: Steve Rhode (page 58)

Author Archives: Steve Rhode

Independence Law Group Slapped by Connecticut

connecticut

The Connecticut Department of Banking has announced Independence Law Group has engaged in acts or conduct, violating the laws of the state regarding debt adjusters and debt negotiation. The company was ordered to cease and desist and was imposed a civil penalty of $100,000. According to the State, “On July 11, 2013, the Order and Notice sent to Respondent’s agent ... Read More »

    Vanguard Consumer Solutions New Effort by Jeffrey Hyslip & Macey

    Travelers Reflection

    A tipster (send in your tips here) let me know about a website for Vanguard Consumer Solutions called FDCPA Help at fdcpahelp.com (ownership hidden). For those not familiar with Hyslip he was part of the Legal Helpers Debt Resolution debt settlement company that was the focus of a number of complaints. Apparently Hyslip is now trying to help consumers beat ... Read More »

      The Absolute Key to Failure

      success copy

      We all have tough days and face uncertain times but I suppose we can never lose sight of the fact no matter how hard we try to do a good job at least half the people are not going to like it. Listen to your heart. Read More »

        Western Sky Financial Pulls up Stakes

        Western Sky Financial Heads Into Sunset.

        You know those pesky Western Sky Financial payday loan commercials that have infected our televisions? They will soon be a thing of the past apparently. Western Sky Financial had been making payday loans all over the United States and charging problematic interest rates. The company felt they were exempt from state laws because they are owned and operated by the ... Read More »

          What to Wear and Say at Your Bankruptcy Hearing

          You don't need to dress like a fashion model but nobody is going to kick you out if you do.

          Actually, when it comes to what to wear, just don’t dress for a cookout. But as far as what to expect at your bankruptcy hearing, this article by Cathy Moran is great advice. Going to court for your first meeting of creditors? What are they going to ask me?, you wonder. My bankruptcy clients imagine a quiz on the contents ... Read More »

            More Florida Land Trusts Busted: Cambridge Land Trust and Hartford Land Trust

            wtf

            Thanks to a great reader, word out of Florida is more land trust schemers have been the unfortunate focus of law enforcement. The interesting part is how they all tie together. “The Florida attorney general’s office shut down two more South Florida land trusts Monday, continuing a yearlong pursuit to stop multiple intertwined firms from selling a complex foreclosure rescue ... Read More »

              Stress Sucks!

              stress

              Don’t know why I’m feeling so much stress today. Just feels like working is backing up and I will never get to it all. Hey, maybe that’s why. Read More »

                My Grandfather Cosigned for My Private Student Loans and I Can’t Pay. – Tasha

                broken piggybank with dollar notes

                Dear Steve, My grandfather co-signed for me a few student loans through aessuccess.org in 2004. Within 3 days, I received the funds. The debt collectors started calling and harassing in 2009 claiming my 5 years was up, so it was time to start paying the debt. They wanted me to pay over $700 a month in payments. I was only ... Read More »

                  I’m a Disabled Former Law School Student and I Can’t Pay My Student Loans. – Tony

                  black-hole

                  Dear Steve, I have amassed a huge student loan debt from law school over 20 years ago. I never completed law school because of mental health issues. My loans went into default and I have not been in an economic position to make regular payments all of these years. The student loan company (American Student Assistance) takes money from my ... Read More »

                    Massachusetts One Step Closer to Regulating Debt Settlement

                    law books

                    Collections & Credit Risk is reporting the State of Massachusetts is a step closer to regulate for-profit debt settlement companies operating in the state. Debt settlement companies would have to disclose their fees and create a budget analysis before enrolling consumers. “The longer Massachusetts waits, choosing not to oversee this industry, the more consumers will be taken advantage of by ... Read More »

                      Alleged Student Loan Assistance Employee Warns Consumers

                      404 error

                      Both the National Consumer Law Center and this site have provided warnings to consumers over student loan assistance programs that can do more potential harm than good. But an insider with a student loan assistance company and now tipster (send in your tips here) sent in the following warning for readers. “I’m not using my real name for employment reasons. ... Read More »

                        Make Time for Yourself

                        you are important

                        It’s important in our busy days to make a bit of time available for yourself. Sometimes an undisturbed 15 minutes can go a long way to helping to find some peace in a stressful day. Read More »

                          American Debt Mediators Scares Woman

                          Screen Shot 2013-08-22 at 10.01.17 AM

                          “Dear Steve, She has been scammed, and it is affecting her health. I sometimes wish I hadn’t said anything to her. Please advise me how to help her. I have worked in small claims court and have a feel for the process. But I told her this was a scam and now she is scared to death. I need to ... Read More »

                            Details on CFPB Lawsuit Against Morgan Drexen

                            Screen Shot 2013-08-21 at 1.02.28 PM

                            Yesterday I mentioned the Consumer Financial Protection Bureau filed suit against Morgan Drexen. As I mentioned, I said I would take more time today and wander through the complaint filed and share more about the allegations. If there was no doubt in the mind of any debt relief industry executive if the CFPB was set to regulate the industry, the ... Read More »

                              Today I Will Be Happier Than a Bird With a French Fry

                              happier

                              Read More »

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