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Your Chances of Getting Audited by the IRS are Increasing. Oh Joy!

IRS Audit X-Ray

Photo Credit: Punk Jr After having lived through one IRS audit in my lifetime I’m not all that enthusiastic about other having to live through a similar experience. I knew it was not going to be a pleasant experience when the auditor called me back 45 minutes late to a gray desk with a guy in a wheelchair sitting at ... Read More »

    Did You Get Foreclosed on With a Second Mortgage or Home Equity Loan? I Knew This Was Going to Happen.

    Foreclosure Sign

    If you or someone you know got foreclosed on and had a second mortgage or home equity loan, watch out! People who were foreclosed on may think their debt problems are now behind them but second mortgage holders are not taking this lying down. In a move to attempt to recover money lost in the second mortgage banks held on ... Read More »

      Here is a Debt Relief Program to Avoid – Consumer Alliance Group

      It seems like a new variation of the Credit Card Defense Network (CCDN) approach at eliminating your debt through contract law trickery or novation is surfacing. CCDN is getting sued all over the place. The Consumer Alliance Group program is being promoted by Todd Byrnes (todd@toddbyrnes.com), who was previously affiliated with Court Mediation Services. Another failed program. You can read ... Read More »

        Mother-Daughter Team Pretend to be from Credit Card Company and Call Widowers for Money Owed by Deceased Spouse

        turnbo

        A mother and daughter team out of Niles Michigan, 44-year-old Bettye Turnbo of Niles and her daughter, 27-year-old Christina Turnbo were arrested after they had been using the obituaries to call the surviving spouses of dead seniors and telling them the dead spouse owed money and they had to pay up. The Turnbo’s allegedly then asked for a blank check ... Read More »

          Identity Thieves Flee Walgreens Without Credit Card But Grab Condoms and Greeting Card on the Way Out

          crooks

          Out of Wyckoff, new Jersey comes the standard story of credit card impostors using fake cards to buy merchandise. What made me chuckle about this story was what the crooks took as they fled the drug store after a declined purchase using one of the fake cards. According to police, the same men returned yesterday, and attempted separate purchases. The ... Read More »

            New Addition to the Debt Garden 2010 – Potato Grow Bags

            Potato Sacks

            We, read that Pam, got our potatoes planted yesterday in our garden. This year we are using these Potato Planter Bags to plant the potatoes in. Last year we planted them in the beds themselves but the potato plants took up way too much space. The bags are made of a slightly porous felt like material that allows water to ... Read More »

              Foreclosure and Loan Modification Consultants Get Jail Time

              Ready to Collapse

              In a clear “warning shot” to unscrupulous loan-modification consultants, California Attorney General Edmund G. Brown Jr. today announced that two women have each been sentenced to one year in jail and ordered to repay dozens of homeowners who were charged thousands of dollars in up-front fees for non-existent foreclosure-relief services. Marianne Curtis, 69, of Costa Mesa and Mary Alice Yraceburu, ... Read More »

                Keith Nelms, Owner of Allegro Law Debt Settlement Fame, Goes Bankrupt With $28 in His Pocket

                nelmshome

                I just took a look at the bankruptcy filing for Keith Nelms, the attorney owner of the Debt Settlement company, Allegro Law. Some of the creditors he listed in his filing included: Jennifer Nelms, Calude Nelms, Jr., State of Alabama Consumer Affairs Division, Internal Revenue Service, Alabama Department of Revenue, some student loans, Chase Bank, Household Finance, and the approximately ... Read More »

                  Credit Card Defense Network CCDN Sued as a Debt Settlement Company by West Virginia

                  The AG’s office in West Virginia just forwarded me a copy of their suit against Robert Lock and Phillip Manger of the ill fated Credit Card Defense Network. CCDN has been in a heap of trouble for some time now. Robert Lock, an attorney, was all over the net in the past few year bragging about how his techniques and ... Read More »

                    More Celebrities Facing Money Troubles.

                    Donald Faison - Scrubs

                    Money problems are not limited to just us mere plebeians but the rich and famous as well. First up this morning is Donald Faison, the guy on the far left from Scrubs. According to TMZ, “Luther Burbank Savings just filed a lawsuit, claiming he hasn’t been paying the mortgage on an apartment complex he bought in Inglewood, CA for $525,000 ... Read More »

                      Debt Settlement USA Sued by Bankruptcy Trustee for a Lot of Money

                      Here is an interesting legal case that was filed on March 26,2010 against Debt Settlement USA. Former Debt Settlement USA clients, the Leber’s went bankrupt. The Chapter 7 trustee took a look at their situation and sued Debt Settlement USA claiming that Debt Settlement USA breached its contractual obligations to the Lebers’ and failed to provide the promised result. Among ... Read More »

                        Dentist Office Leads to Identity Theft Idiot in Law Office

                        teeth

                        Photo Credit: Sappymoosetree An identity theft ring just busted in California got the information on victims to open fake credit accounts in their name from a local dentist office where an employee was giving the identity theft ring dental claim forms which contained the patients’ names, addresses, dates of birth and social security numbers. And people are worried about using ... Read More »

                          Dumbest Press Release of the Day – Federal Consumer Relief / Federal Debt Relief

                          There is no way I’d do business with the Federal Consumer Relief / Federal Debt Relief company. After reading their latest press release I think they are illiterate. Carefully read the press release they sent out, below, and let me know what you think. Get Out of Debt Guy – Twitter, G+, Facebook Need More Help? Valuable Process to Reduce ... Read More »

                            Mom Get Credit Card Hijacked by Golden Bunny in Farmville

                            Farmville Cash Pit

                            Alright, it was her son and not a golden bunny but still, probably just as cute. The story is a 12 year old kid from the UK managed to steal his mother’s credit card and run up £905 ($1,373) worth of charges in an otherwise free game, Farmville. You can read the whole sordid tale, here. Get Out of Debt ... Read More »

                              Fake Attorney Scamming Gas Money in the Monkey Junction Area

                              Ready to Collapse

                              Truth is much better than fiction. This recent article from Star News proves the point. “The New Hanover County Sheriff’s Office is warning that a man claiming to be an attorney and asking for gas money in the Monkey Junction area is perpetrating a scam. In the past few days, three people in the Monkey Junction area have been approached ... Read More »

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