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Debt Relief USA Ordered Out of Georgia and Must Pay Over Half a Million in Refunds and Fines

Joe Doyle, Administrator of the Governor’s Office of Consumer Affairs (OCA), announced that the agency has entered into a settlement with Debt Relief USA, Inc., a debt adjustment company, over allegations that it violated Georgia’s Debt Adjustment Act. The company agreed to refund all fees it has received from its Georgia clients, a total of …

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Quickies – Bank of America, Payday Loans, Divorce, 401k, Credit Report

When I need a break from answering questions I often take a look for some odd or interesting search terms that people used to find me. Below are some of the latest I saw today that I wanted to provide quick answers to. Steve Search Terms will bank of america negotiate debt – Yes but …

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Consumer Reports Debt Settlement Article to Come

A little birdie in the wind told me that Consumer Reports is working on an article that involves debt settlement services. This person said they got the impression that the article was going to not be supportive of debt settlement companies, and in many ways, that’s a shame. Settling your debts for less that you …

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Lawyers Lose Licenses Over Debt Relief. Dangerous Waters For All.

This has been a growing story over 2008 but I think it is a good example of the perils that consumers face when trying to get out of debt. We already have been ingrained to not trust credit counselors by the flurry of activity as the IRS targeted credit counselors a few years ago. But …

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