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Creditors Concourse Trust – Crazy Times

Senior couple at home focusing on angry man

A reader wanted me to look at the website of a company called Creditors Concourse Trust at After looking at the site, I can see why. The site claims to be able to negotiate better terms with creditors by creating a trust which provides collateral security for the creditors in hopes to “obtain lower interest rates and longer periods ... 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 »

      How The Advocacy For Consumer Rights Helps Consumers

      Magnifying Glass - Q&A

      Recently, Leyton Ward and I, who used to be in a tussle with, had a chance to sit down together and meet. He was gracious to share what TAFCR does and why most people don’t understand it. After spending time with Leyton I will admit what he tries to do to help consumers with mortgage problems, sounds unique. Q. So ... Read More »

        What I Learned from Leyton Ward at The Advocacy for Consumer Rights

        Clapping Business People

        Yesterday Leyton Ward and I finally did what we probably should have done two years ago, and sat down together over a great lunch and just talked. You see for what feels like the last two years Leyton and I had been in, well, basically a pissing contest. I do owe Leyton a big hat tip for flying to Raleigh ... Read More »

          CFPB Pulls DriveTime Over and Slaps Them


          The Consumer Financial Protection Bureau (CFPB) today took its first action against a “buy-here, pay-here” car dealer. The dealer, DriveTime, harmed consumers by making harassing debt collection calls and providing inaccurate credit information to credit reporting agencies. DriveTime must pay $8,000,000 as a civil money penalty, end its unfair debt collection tactics, fix its credit reporting practices, and arrange for ... Read More »

            FTC Stops Free Credit Score Bullshit


            The Federal Trade Commission has stopped an online scheme that allegedly lured consumers with “free” access to their credit scores and then billed them a recurring fee of $29.95 per month for a credit monitoring program they never ordered. The three companies have agreed to pay $22 million for consumer refunds under a settlement with the FTC and the state ... Read More »

              HDRP Approval Department Mailer


              An amazing reader, Roger, sent in a new debt relief mailer through my I Buy Junk Mail program. This mailer is nearly identical to another one I covered here. The only differences are the name on the outside of the mailers, from HDRP Funding Department to HDRP Approval Department, and the phone number. The postal permit is 507 out of ... Read More »

                Top 10 Reasons You Should Stop Paying Your Unaffordable Private Student Loan

                What I most want you to do when facing bankruptcy is to stop assuming or reacting emotionally and start thinking logically.

                Right now if you have federal student loans there are good options to help lower or eliminate your monthly payment. To see those options, click here. But what about when your private student loan lender won’t work with you. What are your options? Well one of the options is to stop making payments on that unaffordable student loan. If the ... Read More »

                  FTC Catches Debt Brokers Exposing Themselves


                  At the request of the Federal Trade Commission, a federal court has ordered two debt sellers that posted the sensitive personal information of more than 70,000 consumers online to notify the consumers and explain how they can protect themselves against identity theft and other fraud in light of the disclosures. In two separate cases, the FTC alleges the debt sellers ... 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 »

                      BeginToSave Sends Out Advanced Fee Debt Relief Mailer


                      An amazing reader, Rhodesey, sent in a new debt relief mailer through my I Buy Junk Mail program. It certainly looks like this a rehash of the old debt settlement mailers we used to see. The fine print at the bottom says “Begintosave is a national advertising center contracted by both local law firms and non-profit debt resolution companies.” Outside ... Read More »

                        Mortgage Scams Take Minutes to Nab Consumer But Years to Unwind


                        I received an update on a case where a receiver had been appointed to liquidate a scam mortgage relief group and provide restitution to consumers. This goes all the way back to a 2011 action by the California Attorney General against companies selling “Mass Joinder” mortgage elimination. The pitch seemed like an instantly addictive drug to suffering consumers. They were ... Read More »

                          Complete Financial Solutions Mailer Goes to the Dogs


                          An amazing reader sent in one of the more unusual debt relief mailers I’ve ever seen through my I Buy Junk Mail program. Gary Jones from JW Financial Insights has apparently sent out a very odd mailer to people to promote something. The envelope appears to be very generic with a note attached. Inside the envelope the reader received what ... Read More »

                            Is This the Same Tim Daniels That Settled With the FTC?

                            Google Map street view of 9145 Narcoossee Road,  Orlando, Florida 32827

                            A reader sent in an email and said a Tim Daniels was running Student Help Network at So the first thought to come to mind was, “Who the hell is Tim Daniels?” Figuring the reader sent me the email I thought it must be about someone I’ve written about before. Otherwise, the email really made no sense, at all. ... Read More »

                              Benjamin Moskel: Why Do People Think You Are a Fat Ass Gambler?


                              Over the years I’ve seen a hell of a lot of strange links to this site. The most bizarre was some porn site that linked to me as the best get out of debt site. Ah, thanks? I don’t know why people link. But some recent links have to be some of the strangest links I’ve seen. Apparently someone is ... Read More »

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