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Debt Settlement Related

Meritxell Negre Singing About Debt Settlement for Debt Free League

meritxel-negre

Meritxell Negre, the Latin Queen of Soul and the new Peaches (albeit 6th Peaches) in Peaches and Herb is now singing about a debt settlement program that is named the “National Debt Relief Stimulus Plan.” That sure sounds like the name of a program designed to fool consumers into thinking there is some so or government sponsored debt elimination program. ... Read More »

    Debt Settlement Companies Targeting Facebook for Leads

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    The new Pay Per Close (not per lead) debt leads system by iDebtLeads.com is quickly providing a return on investment for it’s current members. Debt settlement firms buy leads and marketing everyday in order to find debt saturated consumers in need of some debt relief. There is an element of risk associated with buying debt leads and marketing to generate ... Read More »

      Clear Your Debt, Endebt Solutions, Debt Consultants of America, DebtOne Financial, American Debt Arbitration – Sued by Illinois

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      Illinois Attorney General Lisa Madigan today filed four lawsuits against debt settlement companies, alleging that the defendants are engaging in deceptive marketing practices, charging excessive fees and doing little or nothing to improve consumers’ financial standing. Along with these suits, Madigan has proposed legislation that would crackdown on the industry’s abusive practices. “These companies are unfairly luring financially strapped consumers ... Read More »

        “Traditional Debt Settlement Companies Are Working for the Creditors, Not the Consumer.”

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        I recently wrote a review about a new company called Capital Protection Group. It occurred to me as I was working on it how times have changed in the last year. Debt settlement companies used to say “Credit counselors are working for the creditor, not the consumer.” Debt settlement companies seemed to want to position themselves as the champion of ... Read More »

          Chris Kesterson, President of Debt Settlement Trade Association TASC Settles Charges by State

          Chris Kesterson

          The Association of Settlement Companies, a debt settlement trade association, proclaims to be the watchdog of the industry and to “promote good practice in the debt settlement industry.” But I’ve got to ask myself, if TASC is so focused on working on behalf of consumers then way did the TASC President, Chris Kesterson, (seen left) just settle legal issues with ... Read More »

            Debt Settlement Trade Association USOBA Holds Conference at Resort

            Is it just me or does it see a bit insulting that at a time when the debt settlement industry is under fire for profiteering and taking advantage of consumers that the United States Organizations for Bankruptcy Alternatives trade association is holding their upcoming summer 2010 conference at the Four Seasons Resort in Palm Beach, Florida. The ultimate in comfortable ... Read More »

              Debt Settlement Legislation to Prohibit Up-Front or Monthly Fees and Cap Fees at 5%

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              Illinois Attorney General Lisa Madigan is backing legislation to ban debt-settlement companies from charging upfront or monthly fees and that caps payments to firms promising to reduce credit card debt. The legislation would cap fees at 5 percent of the savings resulting from settling a debt, rather than a percentage of debt enrolled. It also would allow cancellation of a ... Read More »

                What Do You Think of Solid Ground Financial? – Lorie

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                “Dear Steve, I am self employed hairdresser and the economy has hurt my business so much we cannot contuine to make our monthly payments. Just today I signed papers to let solid ground financial settle my debt..I am scared, and wondering if we did the right thing…I don’t want to get sued, or have my creditors call our work. we ... Read More »

                  Debt Settlement Industry Invaded by the Mafia, Mob, and Organized Crime

                  I have been doing a number of reviews of companies in the debt settlement industry lately and one thing has become very clear, the industry seems to be rife with some really bad people. Now nobody wears a tag around their neck that says “I’m in the Mob” and there is no Mobbook to look at but what is very ... Read More »

                    Clear Financial Solutions, Financial Freedom of America, Financial Solutions Legal Center Cough Up Bucks to West Virignia

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                    Attorney General McGraw Continues to Reign in the Debt Relief Industry. He announced settlements with three more companies, resulting in $214,000 in refunds for 226 West Virginia consumers. Alyson Rye of West Union was alarmed when a telemarketer from Clear Financial Solutions repeatedly badgered her to accept his offer to reduce the interest rates on her credit card debt. He ... Read More »

                      Vortex Debt Group Review

                      Vortex Debt Group

                      Address: Vortex Debt Group 3280 Suntree Blvd, #101 Melbourne, FL 32940 (866) 558-3503 info@vortexdebtgroup.com Website: www.vortexdebtgroup.com Description: We understand what it is like to be in debt and how hard it can be finding a way out. Vortex Debt Group is a leader in the debt settlement industry with almost 20 years of experience. We have a team of negotiators ... Read More »

                        Clear Financial Solutions, Financial Freedom of America, and Financial Solutions Legal Center Refund Clients

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                        Attorney General McGraw Continues to Reign in the Debt Relief Industry. Today he Announced Settlements with Three More Companies, Resulting in $214,000 in Refunds for 226 West Virginia Consumers. Alyson Rye of West Union was alarmed when a telemarketer from Clear Financial Solutions repeatedly badgered her to accept his offer to reduce the interest rates on her credit card debt. ... Read More »

                          Debt Relief Center & United One Debt Settlements Review

                          Debt Relief Center Web Site

                          Address: Debt Relief Center, Inc. 25 Crossroads Drive Suite 404 Owings Mills, MD 21117 United One Debt Settlements, Inc. 10025 Governor Warfield Pkwy Columbia, MD 21044 877-740-2111 Website: www.drclogin.com Description: Debt settlement company Management: Stephen B. Millstein (stephen@drclogin.com)(Stephen@certifiedtitlecorp.com) Certified Title Corporation shares the same address and attorney Stephen B. Millstein is related to Certified Title Corporation. Stephen B. Millstein is ... Read More »

                            Morgan Drexen and Some of the Consumer Complaints Against Them

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                            Under a Freedom of Information request a document was obtained which contains a number of complaints filed by consumers against Morgan Drexen, the Nevada and California based debt settlement enterprise. Morgan Drexen appears to be coming under an increasing level of scrutiny and has been the subject of a number of consumer complaints and lawsuits for services. – Source Of ... Read More »

                              Montana Couple Files Class Action Lawsuit Against Debt Settlement Company Morgan Drexen

                              A Montana company has filed a class action lawsuit against the debt settlement company Morgan Drexen. Morgan Drexen is accused of violating racketeering laws and the Credit Repair Organizations Act. A newspaper article said: Morgan Drexen has “actively conspired’’ to avoid laws that apply to debt settlement companies and has “engaged in the unauthorized practice of law,’’ the complaint said. ... Read More »

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