“Dear Steve, Thinking of signing up with a debt reduction program. I live in Arizona, work for the Federal government, am 66 years old, and have too much debt to be able to retire before I’m 75. I got a letter in the mail and called the number to talk to a representative. The debt …
The IRS has revoked its determinations of the following organizations as described in sections 501(c)(3) and 170(c)(2) of the Code. Advanced Debt Management Solutions, Inc. of Tampa, FL American Family Credit Counseling of Peoria, AZ Apple Consumer Credit Counseling, Inc. of Lynebrook, NY California Consumer Credit of Los Angeles, CA Consumer Counseling Centers of America …
Colorado Attorney General John Suthers announced today that his office has filed separate lawsuits against three businesses and five individuals accused of defrauding homeowners in Denver, Boulder, Broomfield and Adams counties through deceptive foreclosure rescue schemes. The first complaint charges Jason L. Lynn (DOB: 3/10/1977) and Lynn’s company, Superior Financial Group. The second complaint charges …
What I find interesting is that it seems many debt relief companies that were originally selling solutions to consumers to “avoid bankruptcy” and who stated bankruptcy should be avoided at all costs or only a last resort, turn to bankruptcy when the company gets into trouble. Hum. News10ABC in California is reporting: A foreclosure rescue …
Last December I first covered the problem with fake debt collectors calling to allegedly collect on past due payday loans. See “Frightening Calls From Fake Debt Collectors Threaten People With Jail for Payday Loans. It’s a Scam.” Well apparently now the scammers are saying they are FBI Agents. Interesting move. Not smart. The FBI has …
A recent comment on the site pointed out a Debt Settlement Scams website at debtsettlementscams.com. The site lists the following companies and says they are the subject of Attorney General investigations. Accelerated Debt Relief Aces Credit Solutions ADA Tampa Bay, also known as American Debt Arbitration, of Tampa Allegro Law Firm. American Debt Foundation Inc. …
21st Century Legal Services, Inc. out of California, with 301 unanswered BBB complaints (source), has just agreed to pay almost $300,000 in fines to the state of Wisconsin as the result of a default judgment. What makes this case so interesting for other areas of debt relief services is that it used local notaries to …
Shanita Lacy, age 34, of Chesapeake, Virginia, pleaded guilty today in Norfolk federal court to conspiring to commit mail and wire fraud in connection with a scheme to fraudulently obtain home mortgages. Neil H. MacBride, United States Attorney for the Eastern District of Virginia, made the announcement after Lacy’s plea was accepted by United States …
According to Financial News & Daily Record out of Jacksonville the following Florida attorney was recently suspended for debt relief activities. April Ann Arendell, 5342 Lake Margaret Drive, Apt. 523, Orlando, suspended for 45 days, effective immediately, following an Oct. 12 court order. (Admitted to practice: 2006) Further, upon reinstatement, Arendell will be placed on …
“Dear Steve, I was barely making ends meet after serving 10 years in the military. I started a legitimate business with a copartner putting up christmas light. The money i made would pay off a card every year. It pretty much kept my balances down to a minimum. I retained a money manager from metlife. …
