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Advantage Debt Solutions and Anthony Krysinski Sued by NC AG.

Fallout Shelter Sign

The State of North Carolina has obtain a court order against Advantage Debt Solutions and Anthony Krysinski for selling advance fee debt settlement services. The complaint filed by the State said, “The defendants are offering a deceptive and illegal debt settlement scheme to consumers in North Carolina. This scheme, which is prohibited by North Carolina law, purports to relieve consumers ... Read More »

    Meracord / NoteWorld Still Taking a Beating Over Debt Relief Activities. Drags Many In.

    Screen Shot 2013-04-25 at 1.49.33 PM

    Courthouse News is reporting a new class action suit has been filed against Meracord (NoteWorld) and other for debt settlement activities. This 50 page complaint was filed by Steve Berman (steve@hbsslaw.com) with Hagens Berman Sobol Shapiro in Seattle and makes similar allegations as other suits have. The suit damns companies that have worked or are working with Meracord. It’s like ... Read More »

      Jet Debt Settlement. Are You Kidding Me?

      Cure the disease

      A reader and tipster (send in your tips here) sent me a copy of an email they recently received from a company called Jet Debt Settlement. We’ve got some bad news for you. Your debt isn’t going away. In fact, as You read this, it’s getting worse. Fees and Penalties are adding up. The Good News Is – We’ll Settle ... Read More »

        How to Get Out of Debt of Any Kind

        debt

        How do you get out of debt? It’s a question lots of people are asking these days, and the reality is that the answer depends on what type of debt you have. For example, you may need a different strategy if you have 3 maxed out credit cards than if you have a student loan and medical debt. But not ... Read More »

          Consult America Decides Credit Card Modification is New Name for Debt Settlement

          From now on these will be called horses.

          Companies have been scrambling to get away from the term debt settlement in an effort to try and claim the services they offer are nothing like the bad debt settlement companies that charged huge advance fees. Consult America is one such company apparently. A tipster (send in your tips here) sent me a copies of an emails they received from ... Read More »

            Credit Alliance Group and Shane Garner Sued by State of Texas

            Screen Shot 2013-04-22 at 3.59.13 PM

            Texas Attorney General Greg Abbott has charged a Dallas-based debt management firm with defrauding its customers. The State’s enforcement action sought an asset freeze and temporary restraining order against Shane V. Garner and Credit Alliance Group (CAG) dba Credit Services Today. The complaint filed alleges Garner and Credit Alliance Group operated as an unlicensed debt management service provider in Dallas, ... Read More »

              How to Find a Great Bankruptcy Attorney

              Be my bankruptcy superhero and take the time to find the best bankruptcy attrorney for you.

              I’ve written a number of guides about all sorts of debt related issues but for some reason I’ve never written one about how to find a great bankruptcy attorney. So here goes. Having lived through bankruptcy myself I am very familiar with what I felt when searching for a bankruptcy attorney. It’s bad enough suffering in silence with debt but ... Read More »

                Consumers in Life and Money Trouble More Likely to be Scammed

                ftc

                Consumers who were more willing to take risks and those who had recently experienced a negative life event (such as a divorce, death of a family member or close friend, serious injury or illness in their family, or the loss of a job) were much more likely to have been victims of fraud and scams. Consumers who indicated they had ... Read More »

                  Get Out of Debt Guy Gets a Collection Notice

                  toll booth

                  It is so ironic to be the Get Out of Debt Guy and get a collection notice yourself. But that’s what happened to me recently. I guess the good news is since I help people with debt every day I was prepared to deal with it. The collection claim was that I owed $51 to the State of Delaware for ... Read More »

                    Consumer Credit Counseling Pros and Cons. My Ultimate Guide to Understanding How Credit Counseling Really Works.

                    hiding

                    Consumer credit counseling is one of the options people turn to when dealing with debt issues so let’s take an honest look at the pros and cons of the program and what it has to offer. Consumer credit counseling in one form or another has been around as debt proraters, debt lumpers, or debt consolidators since the late 1930s. But ... Read More »

                      Mortgage Relief Checks On the Way and Being Cashed

                      money

                      Nearly 50,000 checks totaling nearly $50 million relating to the Independent Foreclosure Review Payments have been cashed or deposited as of close of business on Monday (April 15), according to officials at the Office of the Comptroller of the Currency. Borrowers with questions regarding payments should contact the Paying Agent—Rust Consulting, Inc. at 1-888-952-9105, Monday through Friday, 8 a.m. – ... Read More »

                        FTC Takes Action Against Company That Hits Cell Phone Users With Charges

                        ftc

                        The Federal Trade Commission has taken legal action to shut down an operation that allegedly took in millions of dollars from placing charges on consumers’ mobile phone bills, many of which were “crammed” or unauthorized charges. The complaint against Wise Media, LLC, Brian M. Buckley and William J. Deloney is the first FTC case against mobile cramming and part of ... Read More »

                          What Getting Out of Debt Will Really Cost You

                          debt repayment calculator

                          When faced with problem debt people typically make an emotionally charged choice on how to deal with it. Generally the choice they make addresses their emotional needs but fails to logically solve the underlying math problem. This is a subject I’ve talk about a lot here. Today I want to talk about the real cost of getting out of debt. ... Read More »

                            The Ultimate Debt Consolidation Loan Guide: Getting Approved, Acting Smart, and Being Wise

                            loan-approved

                            You hear a lot of rubbish online about getting a debt consolidation loan and a lot of just flat out incorrect information. It’s time to put an end to that and help you get the facts so you can make a good educated decision. So here is my guide to help you learn the pros and cons about getting a ... Read More »

                              If You Get This Debt Collection Email. It’s Dubious at Best.

                              garbage can

                              One of my Facebook followers sent me this email they got for a debt collection company trying to scare them into paying a debt they most likely don’t owe. This effort ranks right up there with all the other bogus debt collection efforts that try to scare someone into paying a debt the company may not be authorized to collect. ... Read More »

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