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Former Legal Helpers Employee Wonders About Colonial Law Group

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I received a tip from someone who claimed to be a former Legal Helpers Debt Resolution employee who pointed out something I should look at and raised an interesting observation. The person wondered if Legal Helpers Debt Resolution may have some relationship or link with Colonial law Group since, as they observed, the client agreements are nearly identical. What! There ... Read More »

    Another Lawyer Loses License Thanks to Debt Relief Industry


    I can remember a time when Resolution Law Group and The Resolution Law Group were company names I heard frequently. Well today I heard it again. The Tampa Bay Times is reporting that attorney Ian Berger who was involved with Resolution Law Group, has lost his law license. He can try to get it back in five years. Berger says, ... Read More »

      Brunner Test Needs to Die Say These Heroes in Student Loan Bankruptcy Discharge

      Clapping Business People

      On July 29, 2015 the National Consumer Law Center (NCLC) and National Association of Bankruptcy Attorneys (NACBA) jointly filed a court document arguing a position in support of discharging student loans through the bankruptcy laws. Much thanks to the readers and tipster who slipped me the document. The matter of dealing with overwhelming student loan debt through bankruptcy has been ... Read More »

        People Willing to Lose a Limb or Listen to Nickelback to Eliminate Their Debt

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        Prosper, the online debt consolidation loan lender, recently conducted a pool about how people are looking at or dealing with debt. The big fact that jumped out at me was that nearly 3 percent of respondents would be willing to cut off an arm or a leg to have their debt eliminated. Seriously? Here are the results of the Prosper ... Read More »

          Is United Credit Consultants Trying to Scam Google to Hide Information?

          no bullshit

          I just learned that someone initiated a DMCA complaint with Google to have a United Credit Consultants article I wrote, hidden from readers by Google. See update at bottom of the article. The notice sent to Google reads: “Hello, Google has been notified, according to the terms of the Digital Millennium Copyright Act (DMCA), that some of your materials allegedly ... Read More »

            Colonial Law Group Client Agreement Reviewed – My Readers Are Awesome

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            Just a few hours ago I posted Colonial Law Group and My Enrollment Center Sent a Paralegal to Meet With Me and asked if anyone had any documents, please forward them. Well I now hold in my hand a consumer agreement for Colonial Law Group that appears to answer some questions. The only one that is unclear is what is ... Read More »

              CFPB Calls Bullshit on NDG Enterprise and Offshore Payday Lenders


              The Consumer Financial Protection Bureau (CFPB) today announced the filing of a lawsuit in federal district court against the NDG Enterprise, a complex web of commonly controlled companies, for collecting money consumers did not owe. The CFPB alleges that the defendants illegally collected loan amounts and fees that were void or that consumers had no obligations to repay, and falsely ... Read More »

                Operators of Bogus Credit Repair Scheme Settle FTC Charges


                Scammers Will Be Banned From Credit Repair Services Industry, Subject to a $2.4 Million Judgment The operators of a bogus credit repair scheme that allegedly tricked Spanish-speaking consumers into paying thousands of dollars each to supposedly improve their credit will be banned from offering credit repair services and subject to a monetary judgment under settlements with the Federal Trade Commission. ... Read More »

                  Law School Debtor Loses Bankruptcy Decision to Discharge His Debt, But Lessons Learned

                  Student Loans Concept

                  The United States Court of Appeals for the Seventh District just ruled that a student loan debtor could not discharge his loans in his consumer bankruptcy case. Lately I’ve been writing about bankruptcy cases where consumers have been able to discharge substantial amounts of student loan debt. You can see the articles here. Before I go on I owe a ... Read More »

                    Residential Credit Solutions Caused Consumers to Lose Homes Needlessly


                    Yesterday the Consumer Financial Protection Bureau (CFPB) took action against Residential Credit Solutions, Inc. for blocking consumers’ attempts to save their homes from foreclosure. The mortgage servicer failed to honor modifications for loans transferred from other servicers, treated consumers as if they were in default when they weren’t, sent consumers escrow statements falsely claiming they were due a refund, and ... Read More »

                      Renaissance Debt Solutions Hit with TCPA Suit


                      In yet another Telephone Consumer Protection Act (TCPA) lawsuit, which seem to be coming fast and furious, Renaissance Debt Solutions is the unlucky named party. On July 29, 2015, Paul Sapan filed suit against Renaissance Debt Solutions over nine telephone calls “wherein they tried to pitch debt modification services.” In this case the consumer received two calls in January, four ... Read More »

                        Another Consumer Nukes Their Student Loans Through Bankruptcy

                        woman on computer

                        A reader contacted me to share his story of dealing with his unmanageable student loans through bankruptcy. Just recently I’ve written two articles that showed how people have fought the battle against their student loan companies and the bankruptcy court agreed to eliminate their debt. Read this and this. The cases of consumers making there case with the bankruptcy court ... Read More »

                          Howard Feinmel, Paul Herman Both Suspended Debt Attorneys for Now


                          Readers of this site will recognize the name of Florida attorney Howard Feinmel. Over the years he’s appeared in a number of articles. You can click here to see them. According to a document from the Supreme Court of Florida from July 24, 2015 it appears Feinmel will be have his ability to practice law in Florida, revoked for five ... Read More »

                            Ask The Expert: Why Can My Girlfriend Get Her Student Loans Fixed And I Can’t?

                            Adult Ed - Questions

                            Question: My girlfriend and I both have lots of student loans. We Googled “student loan consolidation” and got some sketchy-looking websites. But we’re desperate, so we entered some info into some fields. They said she could get her loans consolidated but mine couldn’t be. Is this for real? — Bill in Iowa Howard Dvorkin CPA answers… After getting some information from ... Read More »

                              Dvorkin On Debt: Your Credit Card Is Not Your Friend


                              Why do we use credit cards? It seems like such a basic question, but can you guess the answer? If you said, “Obviously for all the rewards, cash back, and airline miles you can rack up,” well…you’re wrong. “The single biggest reason Americans use credit cards is because they are easier and more convenient than paying with cash,” says a recent ... Read More »

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