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Foreclosure Rescue Scheme Company Owners Sentenced to Years in Jail

mans hands behind bars in jail or prison

Barrington Coombs, 58, of Weston, Fla., was sentenced to serve a year and a day in prison for his role in a foreclosure rescue scheme that victimized desperate homeowners on the brink of losing their homes, the Justice Department announced. Coombs was sentenced by U.S. District Judge Kenneth A. Marra in the Southern District of Florida. Coombs was convicted of ... Read More »

    There is Life After Debt and It’s Awesome

    future

    I spend so much time thinking and living in the world of debt that I’ve realized it is equally important to talk about life after debt. When you are in debt it is an intense and immediate feeling. Some say they feel as if they are drowning. Some say they feel like they are covered by a dark cold veil. ... Read More »

      Brookstone Law Sues Better Business Bureau Over “Pay to Play” Grading System

      punched-in-face

      Brookstone Law out of Newport Beach, California has just filed suit against the Better Business Bureau of the Southland and the parent Council of Better Business Bureaus. One can only suppose this is over the F rating the BBB gives Brookstone Law. According to the BBB, Brookstone Law was an accredited member but their accredidation was revoked on May 23, ... Read More »

        How to Make a Cheap Chuck Roast Taste Like Prime Rib – Love It!

        A big batch of tasty chili

        I wanted to share with you one of my favorite easy, inexpensive, and tasty ways to take a cheap chuck roast and make it taste like a million bucks that is always a treat and a hit. So let me tell you all about my new Rival RO180 18-Quart Roaster Oven. For those that have followed this site for a ... Read More »

          It Looks Like Brian Suder of the RELC Has Moved to the MBS Litigation Group

          Secret

          The following is from a tipster (send in your tips here). It looks like Brian Suder of the RELC, Chad Pratt Attorney, Mass Tort Lender Lawsuit scam has moved to the MBS Litigation Group. I did some googling and went to the www.mbslitigationgroup.com website and found that Mitch Tarter, Esquire and the M.Tarter Law Office is the new Attorney behind ... Read More »

            Looks Like 2013 is Going to be the Year of Easy Car Financing

            Happy new car buyer. Hope you love those new monthly payments.

            New forecasts are out that indicate cars will be the product to buy in 2013. Along with the amount estimated that consumers will borrow in car loans and the estimated very low default rates, my bet is that new car financing will be much easier to get in 2013. TransUnion released its annual national auto loan delinquency forecast today indicating ... Read More »

              Dead Son’s Student Loans Still Haunt Father

              Student Loan Corkboard Concept

              by Marian Wang ProPublica It’s been four long years for Francisco Reynoso. The California gardener whose son died in a car accident in 2008 left him buried in grief u2014 and in student debt. At last, the bereaved father is getting some resolution. As ProPublica reported in June, Reynoso was saddled with six figures in student loans that he had ... Read More »

                The Incredible Healing Power of Bankruptcy: Chapter 7 & Chapter 13

                God

                Let’s be upfront and open, many people harbor an emotional feeling about bankruptcy and a false belief that bankruptcy is a path chosen by ne’re do wells and reprobates. Yea, that impression has nothing to do with the reality of the situation. I understand the angst and fretting. I myself went bankrupt in 1990. I get it. But since I ... Read More »

                  Don’t Be Fooled by This Vehicle Extended Warranty Mailer from Vehicle Protection Center

                  Doxie 0026

                  Update 4-10-2015: Lyle Cameron sent in an error report on this story and said, “This company is not a scam and only uses top administrators in the Vehicle Service Contract industry. Not to remove the post but to correct the information here and an apology from the creator for spreading information that isn’t true.” He did not indicate what information ... Read More »

                    Midland Funding Pays Big Fine

                    news1

                    Midland Funding Pays Big Fine Over Robosigning Debt Collection Suits One of the country’s largest debt buyers has agreed to overhaul its collection practices and pay the state of Minnesota $500,000 in a settlement that reflects heightened scrutiny of the growing industry. Midland Funding LLC, owned by debt-buying giant Encore Capital Group Inc. in San Diego, faced allegations that it ... Read More »

                      InCharge Debt Solutions Gives Employees Access to Your Personal Information at Home

                      INCHARGE DEBT SOLUTIONS WORK-FROM-HOME

                      InCharge Debt Solutions, and Orlando based non-profit credit counseling agency, just put out a press release that brags about how their telecommuting program benefits the environment. It even included a neat little infographic which you can see below. “Improving our employees’ quality of life and job satisfaction were enough for me,” said Ms. Money from InCharge. “Reaping the additional benefits ... Read More »

                        FTC Closes Down Credit Counseling Company We’ve Written About.

                        Biker-Bettys-600x398

                        The Federal Trade Commission has been kicking debt relief butt recently. They’ve been closing down bogus outfits almost faster than I can write updates about them. The latest is a company a reader and tipster (send in your tips here) alerted me about. I then made a secret shopper call you can listen to. See Fake Nonprofit Credit Counseling Agency ... Read More »

                          Nationwide Card Monitor Shuttered by FTC

                          11_news on red.jpg

                          Nationwide Card Monitor is a company we’ve written about previously here on the site. In fact in one story, someone even went to their office to try to resolve their consumer complaint. They were instead threatened. Here is what the previous story had said: “I just went to NCM and delivered the complaint. I walked into suite 16 and there ... Read More »

                            How to Easily Get a Mortgage After Bankruptcy

                            Couple Buying House

                            One generally unfounded fear people have is that filing bankruptcy will stop you from buying a house. That’s just not true. Granted, being able to qualify for a mortgage immediately after filing bankruptcy might be a bit tougher, but the reality is that filing bankruptcy and clearing away unmanageable debt can actually make it easier to get qualified for your ... Read More »

                              Credit Repair Operator Offering Seasoned Lines of Credit and to Remove Negative Items Gets Jail

                              mans hands behind bars in jail or prison

                              I just posted an article about Edwin Jacquet getting sentenced to 63 months in jail for his credit repair operation. This case is interesting in that it seems to include many of the same activities that others engage in to “repair” credit. Let’s take a closer look at the complaint filed against Edwin Jacquet and his co-horts and see what ... Read More »

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