Latest Posts
Home > Debt Articles > Debt Settlement Related (page 13)

Debt Settlement Related

“This Is Peggy!”: One More Lead Generator Posing as A Debt Relief Company

Ready to Collapse

The following article was submitted by Sean Ryan from Active Debt Solutions. Active Debt Solutions is a member of the American Association of Credit Counselors that has pledged to put consumers first. YourDebtFreeAdvisor.Com 17632 Irvine Blvd., Suite 225 
Tustin, CA. 92780  
Phone 888-436-6481
 www.YourDebtFreeAdvisor.com Warning: AVOID THIS COMPANY http://www.yourdebtfreeadvisor.com/ A spammer on www.getoutofdebt.org was kind enough to place this message: ... Read More »

    Reader is Frustrated With Credit Care Corp and P&E Solutions.

    Ready to Collapse

    I get a lot of tips and emails from readers. What you will find below is one very detailed email I received from a reader recently that talks about their frustration with a number of companies. The reason I am posting this email is because it is the second time I’ve heard a similar story in two days from two ... Read More »

      Understanding the FTC Regulations for the Debt Industry

      Ready to Collapse

      Here is a recent video appearance I made with some of my fellow personal finance blogger friends on Financially Fit TV where we discuss new FTC rules covering debt relief services. http://youtu.be/a29XyW3Rz60 Transcript Hi everybody. I’m Nichole Kelly, and this is Financially Fit TV. What is Financially Fit TV? It’s a series of episodes that are designed to help you ... Read More »

        Express Debt Settlement Takes 17K and Refuses Refund? WTH

        Ready to Collapse

        My friend Damon Day published an article today about a consumer that contacted him for help in securing a refund for debt relief services. The story goes that Dinah spoke to a sales rep who identified himself as being part of Freedom Debt Relief but then signed Dinah into a program with Express Debt Settlement. Dinah then paid $17,000 in ... Read More »

          Should You Settle Your Debt Using an Unknown Online Form You Pay to Download?

          Debt Settlement Agreement

          A friend and reader of this site sent me in a link for debt settlement agreements which consumers can purchase online. Out of curiosity I asked some friends in the debt settlement world what they though of a consumer just launching into settling their own debt using such forms and they offered some good advice and probably not what you ... Read More »

            BBB Warns Consumers About Nelson Gamble & Associates

            A warning out of Oklahoma by the Better Business Bureau, Operations Director, Jim David, warns consumers about a debt settlement company, Nelson Gamble & Associates. NTV is warning consumers about Nelson Gamble & Associates: A company called Nelson Gamble & Associates located in Irvine, CA has an “F” rating with the BBB. It advertises debt settlement services with no up-front ... Read More »

              Why is Everest Debt Solutions Claiming to be a BBB Member on Their Site and in Ads?

              Everest Debt Solutions

              I was on Google and doing a search for something that involved the word debt in it and I saw the advertisement below. Now Everest Debt Solutions and I go way back. You can see my past articles on Everest Debt Solutions, here. In On October 9, 2009 I published an article that spoke about their use of the unauthorized ... Read More »

                Big Cheer for New Era Debt Solutions

                I just discovered that New Era Debt Solutions has just updated their site with a new truth and transparency page. – Source I’m very impressed they have created a page to make it very clear for consumers and site visitors about their performance statistics and most importantly they have placed their client agreement online so everyone can read it. This ... Read More »

                  Cambridge Credit Counseling Puts Out New Video on Debt Settlement Rules

                  Ready to Collapse

                  Starting October 27, 2010 the Federal Trade Commission’s Telemarketing Sales Rule will prohibit for-profit debt settlement companies from charging fees to consumers until the company has preformed an actual service. The Telemarketing Sales Rule applies to debt settlement companies that solicit consumers by phone, and to settlement agencies that receive calls in response to ads. Consumers should be aware that ... Read More »

                    “We Quit” in Debt Settlement and Making Your Finances More Friendly – The Get Out of Debt Guy Show

                    Revelations in debt settlement tops today’s show. Alex Viecco from New Era Debt Solutions openly talks about his disgust with the current state of debt settlement and why his company boldly and publicly resigned in disgust from The Association of Settlement Companies (TASC). In this show Alex is followed by some exceptional good financial advice and insight on a consumer ... Read More »

                      Superior Debt Relief Services Offers Some Strong Words Against Attorney Debt Settlement Model

                      Superior Debt Relief Services has an article on their site, here, that speaks directly against those pursuing an attorney front debt settlement business model. Their words are probably strong than mine have been at times so I’ll let the following excerpts and warnings from their site speak for themselves. Enter- a ‘wolf in sheep’s clothing’ – the attorney-based debt settlement ... Read More »

                        ABC 7 Runs Story on Big Crackdown on Debt Relief Companies

                        Ready to Collapse

                        WXYZ just ran a story warning warning consumers to beware of debt settlement companies that charge fees. It was yet another public notification that things in the debt settlement world when it comes to fees are going to change on October 27, 2010. The more that message can get out there, the better. As more of this media coverage continues ... Read More »

                          Debt Settlement Fee Ban, Credit Counseling Wounded, Caller Question – The Get Out of Debt Guy Show

                          Get Out Of Debt Guy Show Logo - Final 300x300

                          Today we’ll be also talking about the impact the new fee ban for debt settlement services is going to have. We’ll also talk about changes that are impacting credit counseling and why people need to address their problem debt now before the economy improves too much. All that and a caller question on today’s show. Listen to Debt Settlement Fee ... Read More »

                            Sorting Out Debt-Relief Promises

                            Ready to Collapse

                            The Wall Street Journal just published a new article that talks about the debt relief world. Here is an excerpt and a link to the full article. The regulations, which extend the TSR rules to cover calls consumers make to firms in response to debt-relief ads, also will ban companies from misrepresenting what they can do. The most significant change ... Read More »

                              Credit Card Debt Settlement Act of 2010 Makes It Easier to Eliminate Debt

                              Credit Card Debt Settlement Act of 2010

                              For those of us in the know about the debt relief world and industry you will have already recognized that the title to this article is pure fiction. But that doesn’t stop others from basically making stuff up to confuse consumers. According to the recent press release sent out by a website, “Thanks to new debt settlement and relief laws ... Read More »

                                Get My FREE Get Out of Debt Guy Newsletter

                                It is the smart thing to do.

                                I promise to keep your email safe and secure.

                                Close

                                I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

                                You can unsubscribe at any time with just one click.

                                After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


                                • It will keep you posted on the latest scams.
                                • You will be alerted to the latest articles.
                                • You will wind up smarter than everyone else dealing with debt.