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Debt Settlement Related

OMG, Morgan Drexen Loses Yet Again


Poor Morgan Drexen has been getting the shit kicked out of them lately. Just today another blow was delivered by the Colorado Supreme Court who found their attorney model flavor of debt settlement did not give them a free pass to avoid the advance fee laws under an attorney exemption. “The supreme court holds that the trial court erred by ... Read More »

    Flush – Meracord / NoteWorld

    Cleaning toilet

    A fantastic reader / tipster (send in your tips here) sent me the following press release. Anyone know what Linda Remsberg is doing now? I looked at and that redirects to Evergreen Note Servicing ( (which appears to actually be Evergreen Escrow, Inc.)and goes to a non-existent site. Interestingly, Evergreen Note Servicing sounds a hell of a lot ... Read More »

      Morgan Drexen Kicked in the Nuts Some More by Court


      Well if you are going to get bad news you might as well get it all at once. On the heals of a judgment against Morgan Drexen, an asset freeze, and filing bankruptcy, Morgan Drexen also lost an appeal to have the Consumer Financial Protection Bureau declared to be unconstitutional. I’m not sure what made me curious about what Morgan ... Read More »

        Did This Court Action Just Kill Morgan Drexen?


        Thanks to a comment from a reader I discovered on April 21, 2015 the court ruled against Morgan Drexen in it’s suit by the Consumer Financial Protection Bureau. Let is suffice to say Morgan Drexen is none too pleased. It’s opposition document filed is short and sweet. April 30, 2015 – Morgan Drexen files for bankruptcy protection. Click here for ... Read More »

          Today in Debt Relief History – Consumer Affairs Law Center


          Frankly I get sick of writing about lawsuits in the debt relief industry between partners that have a falling out. But the reason I find the complaints often fascinating is they provide a look into the history of some organizations and entities. We get to learn how the whole thing developed. In this case we have the April 1, 2015 ... Read More »

            Consumer Services Corp / Client Services Debt Relief Mailer

            Screen Shot 2015-03-31 at 10.09.18 AM

            Recently I’ve had several different mailers sent in that seem to continue the past theme of looking like official notices, government mailers, or continuing to use official seals or logos. Here is one of them. Consumer Services Corp. / Client Services The one below from Credit Services uses an official looking seal and the mailing address appears to be a ... Read More »

              Debt Settlement Industry Still Crazy After All These Years

              no bullshit

              On March 10th I wrote about a landmark lawsuit filed against a wide number of people in the debt settlement field. As per an email that was allegedly sent out by Ira Frazer of Consumer Legal Services of America. The email also said, “The suit filed also includes serious allegations against Global Client Solutions, LLC some of their employees, Greenspoon ... Read More »

                How I Got Out of $63,000 of Credit Card Debt


                Sleepless nights.  A knot in the pit of the stomach. A gnawing sense of unease. Charles Phelan was familiar with the physical and emotional toll of debt. But usually it was his clients who were experiencing those symptoms. This time, it was his turn. He owed more than $50,000 in credit card debt and knew it was time to make ... Read More »

                  British Columbia Pulls Rug Out From Under Advanced Fee Debt Settlement in Canada


                  Enhanced protections for B.C. families, particularly those in financial distress, are at the heart of legislative changes introduced today by the B.C. government. The Province is taking action to regulate the debt settlement industry with amendments to the Business Practices and Consumer Protection Act (BPCPA). If passed, these amendments will prohibit debt settlement companies from charging fees until both the ... Read More »

                    World Law Loses in Colorado


                    According to The Gazette, World Law, the debt settlement company, has been hit with an injunction in Colorado. Allegedly, World law ran into trouble in Colorado for false advertising and violations of the Colorado Debt Management Services Act. It seems World Law did not win friends in Colorado after the company ignored a district court order to stop activities in ... Read More »

                      Morgan Drexen Loses Big in Wisconsin


                      Multiple media outlets are reporting the debt settlement company Morgan Drexen has lost a Wisconsin appeals court ruling and is ordered to refund $4.2 million in settlement fees. A state appeals court says a hearing examiner properly ordered a debt settlement company to give up $4.2 million in fees and pay nearly $2 million in forfeitures because it was operating ... Read More »

                        Thomas Macey and Jeffrey Aleman Get Slapped by IL Board

                        Bitch Slap

                        For some time now there has been an open action by the Illinois Attorney Registion and Disciplinary Commissions against Macey and Aleman of Legal Helpers Debt Resolution. Well the final report is out and it surprised me. Well, I wasn’t shocked that Macey and Aleman were recommended for a two year suspension as lawyers. But I was surprised how much ... Read More »

                          Michael Lupolover Gets His Comeupance. Now it Makes Sense.

                          Portrait scary monster clown

                          The Consumer Financial Protection Bureau recently ended a debt settlement case they pursued with a prison sentence for the lawyer owner of that company, click here. But what was a bit of a mystery in that case was how Michael Lupolover, an attorney, and Premier Consulting Group, who were originally named in the case and then were not part of ... Read More »

                            Debt Settlement CEO Goes to Jail. Industry Goes to Denial.

                            mans hands behind bars in jail or prison

                            Recently attorney Michael Livitis, the CEO of Mission Settlement Agency, was sentenced to nine years in jail. His co-defendants, Denis Kuryland, Boris Schulman, and Manuel Cruz pled guilty as well. This case wasn’t an unusual outlier. From all outward appearances it was your run of the mill attorney model debt settlement agency that made promises, would not give refunds, and ... Read More »

                              Do American Premier Servicing Clients Have Something to Worry About?


                              A few days ago I received an email from a tipster (send in your tips here). The email is alleged to be a copy of communications between Global Client Solutions and some debt relief servicing group called American Premier Servicing. The website for American Premier Servicing says “American Premier Servicing / Everest Debt Solutions / FDN Solutions” There isn’t much ... Read More »

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