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Debt Articles

Not a Shocker – Fraud and Intimidation in Marketing Pills, Powders, or Potions


The Federal Trade Commission is taking action against the Florida-based marketers of a line of weight-loss supplements who allegedly made baseless claims for their products, and then threatened to enforce “gag clause” provisions against consumers to stop them from posting negative reviews and testimonials online. In a complaint filed in federal court, the FTC alleges that Roca Labs, Inc.; Roca ... Read More »

    Rut Ro – Data Breach at Hilton Properties


    If you recently stayed at a Hilton Hotel, Embassy Suites, Doubletree, Hampton Inn and Suites, or Waldorf Astoria – a hack may have exposed your financial details. Banks have identified a pattern of fraud that strongly suggests certain payment systems in these Hilton Hotel properties in several locations were hacked, exposing customer payment card information. Hilton confirmed that it is ... Read More »

      This Guy Gets How to Deal With Debt

      Debt Settlement Advice

      Bill Westrom just sent in an article to me to post on my site and it was so on track with what I have been trying to get across to people. I had to share it with you. Bill understands that dealing with debt is about education, understanding, introspection, and not forcing the solutions to fit the problems. Far ... Read More »

        How to Budget on a Teacher’s Salary


        With the school year done in our area and others, I’ve been able to spend more and more time with my mom on the phone catching up. While she sometimes goes on trips during her break, this year she wants to be flexible as she’s awaiting the arrival of our baby next month, her first grandchild. We’re happy she’s able ... Read More »

          Debt Collector Claims Debt Collector Owes Them Money


          In a twist of irony, National Credit Adjusters, a Kansas based delinquent accounts receivable company has filed suit against Cred X Debt Recovery, James Sauer, Jeffrey Schultz, and Richard Schultz. National Credit Adjusters claimed the following in their suit. “On or about May 24, 2012, NCA contracted with Defendant Cred X to have Defendant collect unpaid accounts on NCA’s behalf. ... Read More »

            New Data Reveals Stark Gaps in Graduation Rates Between Poor and Wealthy Students


            by Annie Waldman ProPublica, Sep. 24, 2015, 3:33 p.m. A new report released Thursday provides a detailed look at the graduation rates of low-income college students. At many colleges, low-income students graduate at much lower rates than their high-income peers. At the University of Missouri-Kansas City, only 35 percent of Pell Grant recipients graduate college, a rate that is more ... Read More »

              Four Years Later, Consumers Get Pennies From Debt Relief Scam

              business, people, bankruptcy and failure concept - close up of businessman showing empty pockets over blue background

              Four years ago now the California Department of Justice swooped in an shut down an enterprise they claimed was taking advantage of consumers who were seeking mortgage modification or actions against the mortgage company. More can be read here. The parties named in the original action included: Attorneys Processing Center, LLC, also doing business as Attorney Processing Center, and Processing ... Read More »

                Department of Education Tips Hand on Student Loan Defense


                The Department of Education is scheduled to publish a request that seems to tip their hand about a borrower defense that could allow lots of students from having to repay their student loans. Clever attorneys will find a way to confirm if schools have violated state laws, as the government has claimed some have. If proven the school had violate ... Read More »

                  Where Did World Law Go? This is Who to Call.

                  Abstract Businessman jets off with Rocket Pack.

                  I’m getting a number of people contacting me who are freaked out they can’t contact anyone at World Law. For more information on the legal misfortunes of World Law, click here. The court appointed receiver for World Law is: Robb Evans and Associates, LLC 11450 Sheldon Street Sun Valley, California 91352-1121 Phone: (818) 768-8100 Until clients hear from the receiver ... Read More »

                    Debt Relief Attorney Kills Mother. Another Loses License.

                    Young man with a funny perplexed expression, expressive on his face, isolated on a white background

                    Tragic is all I can think of to describe the subsequent events that happened to United Law Group and Brookstone Law. United Law Group (ULG) was an Irvine California operation that was selling hope to avoid the loss of your home to foreclosure. You can click here for past articles on ULG. In 2010, United Law Group filed bankruptcy. In ... Read More »

                      Encore Capital Group and Portfolio Recovery Associates Nailed for Deceptive Tactics to Collect Bad Debts


                      Today the Consumer Financial Protection Bureau (CFPB) took action against the nation’s two largest debt buyers and collectors for using deceptive tactics to collect bad debts. The Bureau found that Encore Capital Group and Portfolio Recovery Associates bought debts that were potentially inaccurate, lacking documentation, or unenforceable. Without verifying the debt, the companies collected payments by pressuring consumers with false ... Read More »

                        More Twists and Turns in Morgan Drexen Case Now Involving Howard Law

                        courthouse 2

                        Last week the Consumer Financial Protection Bureau (CFPB) deposed Walter Ledda, the former man in charge of the debt settlement company Morgan Drexen. Ledda disclosed some information that made the ears of the perk up a bit and they filed a new court document. Rather than rehash the entire background of this multi-year court action between the CFPB and Morgan ... Read More »

                          Sarah Discovers Some Student Loans Can Be Settled

                          FACT OR FICTION? red Rubber Stamp over a white background.

                          One of my readers, Sarah, recently shared her experience settling student loan debt. It a good followup piece to my article This is How You Can Settle Your Navient Student Loan. Sarah mentions several points that need clarification. But overall, she has learned, as others have, that you can settle private student loan debt in some situations. Sarah writes in ... Read More »

                            Debt Relief Scammer Banned from Selling Mortgage Relief Services


                            A mortgage relief services company and its owner, have agreed to settle allegations that they illegally charged homeowners an up-front fee for help they promised but never provided, and they will be banned from selling debt relief services under a federal court order. The settlement resolves allegations that Wealth Educators and Veronica Sesma falsely promised they could lower consumers’ mortgage ... Read More »

                              Where Are the Howard Law Bankruptcy Cases?

                              Where did my debt relief company go?

                              A court filing by Howard Law and Vincent Howard in the Morgan Drexen v. Consumer Financial Protection Bureau case piqued my curiosity. The filing said, “The range of legal services that Howard Law provides to its clients includes, but is not limited to legal representation in business litigation matters, personal injury matters, consumer protection and class action legal matters, social ... Read More »

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