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Debt Settlement Related

Omni Management Partners Client Agreement Review Leaves Me Wondering

Mature woman confused

I recently wrote about Omni Management Partners as the result of a comment made on the site. Subsequently I received a copy of the client agreement. What follows is just my opinion about what I read in the agreement. I am not a lawyer and can’t offer any legal opinion about this agreement. What you will read below is simply ... Read More »

    Is Canadian Cockburn & Associates Operating Out of New Jersey?


    Under the heading of “that’s odd” comes this job posting for a Canadian Lawyer with Debt Settlement Experience. – Source The ad is looking for someone who is licensed in Canada to work for the Law Office of C&A in New Jersey. Now I don’t think it is a far stretch to think the Law Office of Cockburn & Associates ... Read More »

      The Morgan Drexen Legacy – More Pain for Lawyers and Consumers

      Sad Elderly Lady

      Morgan Drexen was a nationwide debt settlement enterprise that sold consumers hope they could eliminate their debt by settling it. And while debt can certainly be settled by knowledgeable people, the Consumer Financial Protection Bureau (CFPB) had significant concerns about the company and attorney network they created. The entire Morgan Drexen debacle is a story too long for this article. ... Read More »

        The Death of the Traditional Debt Relief Industry for Now

        Chapter 13 Bankruptcy Filing Rates

        Recently a couple of statements from people I know inside the debt relief industry have struck me. It seems there is a general lack of understanding why it is getting harder to sell debt relief services. Some blame the Consumer Financial protection Bureau (CFPB) for cracking down and some blame me for writing about the industry and scaring potential customers ... Read More »

          Paul Paquin and Golden Financial Services Want to Make Love Yet They Make War

          business and office, stress, problem, crisis concept - stressed buisnessman or teacher having headache

          Yesterday a debt relief industry friend pointed out to me an attack post Paul Paquin, president of Golden Financial Services posted about me on Linkedin. – Source The post then linked to another much longer attack post he published on November 1, 2015 on the website. I’m at a loss what motivates these folks to embark with the refreshed ... Read More »

            Has Howard Law Thrown in the Towel with Debt Settlement?


            In an ongoing situation with the former debt settlement company, Morgan Drexen and the Consumer Financial Protection Bureau (CFPB) it looks as if the effort by successor law firms to service the former Morgan Drexen clients is heading towards a resolution. Howard Law, P.C., Williamson & Howard, LLP and The Williamson Firm, LLC had made claims or assertions they could ... Read More »

              Reader says “Huh” About My Enrollment Center

              Many multicolor question marks above the head of young man or boy. Making decision thinking uncertainty learning concept. EPS 10 vector illustration no transparency

              A reader sent me an email and brought up a good question I don’t know the answer to. They wanted to know how a debt relief company called My Enrollment Center in Wyoming could say to people, “Professional debt consolidation companies like My Enrollment Center can really help you get your debt back under control,” and “At My Enrollment Center, ... Read More »

                Is United Credit Consultants Now

                Businessman trying to solve a maze questions

                A tipster (send in your tips here) contacted me and alleged that United Credit Consultants was now operating as Your Credit Team and So I went to check what I could find. For those that want to catchup on past stories about United Credit Consultants, click here. I recently wrote that on October 1, 2015, McGlynn Marketing, doing business ... Read More »

                  Howard Law – Free Debt Report Commercial and Morgan Drexen Update

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                  A reader wanted me to see the following commercial that is airing on television. I can see it aired at least five days ago on BET. The commercial goes to a website, that presents Vincent Howard as one of the nation’s top lawyers. – Source The tip about the commercial gave me a reason to go check the court ... Read More »

                    United Credit Consultants Signs Consent Order With State

                    McGlynn Marketing, doing business as United Credit Consultants and Debt Settlement Solutions is back in the news again. A reader alerted me to a recent enforcement action against the company so I hunted it down. My perplexation (just made that word up) started back in March, 2014 when I wrote “United Credit Consultants Says the Darndest Things.” If United Credit ... Read More »

                      Despicable Debt Relief Mailer Spoofs IRS

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                      A kind reader just sent in the following mailer which seems problematic on two fronts. The first is the use of the consumer credit reporting data to send the mailer. Others are being sued over such actions. See this article. The second big problem is the letter appears to want to spoof an official government letter to look like it ... Read More »

                        Morgan Drexen Take Over Attorneys Held in Contempt by Court

                        Where does it hurt nurse question

                        What began in 2013 as an issue between the Consumer Financial Protection Bureau (CFPB) and the debt settlement company Morgan Drexen has now turned into a widening action that has resulted in several attorneys being found to be in contempt of court and facing a $10,000 per day fine if they don’t return client money. Sooner rather than later. On ... Read More »

                          Nationwide Debt Direct Hit With Marking Suit

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                          Nationwide Debt Direct recently had a state lawsuit moved to federal court and it’s interesting because it’s yet another example of a suit brought over marketing. This case was filed by Brian Garvine ([email protected]) and Robert Parker ([email protected]), both Ohio attorneys. The suit alleges Nationwide Debt Direct “unlawfully obtained Plaintiffs consumer reports and used them illegally to obtain information for ... Read More »

                            Dump of Debt Relief Offers Raises More Concerns Than Answers

                            Important Notice

                            As part of my I Buy Junk Mail program, Eve sent in a number of recent debt relief mailers that landed in her mail box. Imagine how the average person would be able to decipher the claims made or even begin to understand what company would be able to offer the debt service or solution. As you can see in ... Read More »

                              Debt Relief Companies and Individuals – Banned

                              Shirtless young man outdoor doing silly face

                              The Federal Trade commission is reporting more actions against debt relief providers that allegedly misled consumers about their services. While this is about a debt settlement company, all consumers should walk away with the fact they have a responsibility to know who they are doing business with. Buying defective debt relief help is no more egregious than buying a defective ... Read More »

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